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Engineering sustainability for enduring success: Navigating the path to industry 5.0

Economic TimesEconomic Times Ā· 22d
Engineering sustainability for enduring success: Navigating the path to industry 5.0

The fourth industrial revolution, Industry 4.0, is bringing about technological advancements that drive efficiency and productivity while aligning with sustainability objectives. Organizations are recognizing the importance of environmental, social, and governance (ESG) factors, and are adopting sustainable practices to reduce environmental impact and carbon footprint. The next revolution will emphasize societal value and prioritize people and the planet. Engineering services providers and companies must focus on renewable energy, water conservation, carbon emissions reduction, and developing Net Zero products. Other areas of focus for ESG efforts include smart cities, diversity and inclusion, cybersecurity, data privacy, and vehicle electrification to address global challenges and create a sustainable and equitable future.

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