SUSTAINABILITY – PLM renewable resources annually , rising to nearly 5 times in developed countries .
“ Despite decades of efforts , global circularity has remained stagnant at around 9 to 10 %. The key challenge lies in reframing circularity not just as a sustainability issue but as a business and economic imperative .
“ Leaders in the machinery sector are pivoting to this mindset , recognizing the potential for growth and strategic
89 %
of companies with a strong environmental record out perform the market
differentiation . By broadening the perspective to value creation , we can unlock new opportunities and decouple GDP growth from resource consumption .”
Life Cycle Assessment ( LCA ) in PLM : A key to lower emissions Life Cycle Assessment is a systematic method for evaluating the environmental impact of a product , process or service throughout its entire life cycle , from raw material extraction to end-of-life disposal or recycling .
When integrated into PLM systems , LCA becomes a powerful tool for driving down emissions .
Dave notes that LCA is most valuable for discrete manufacturers in assessing upstream and downstream Scope 3 emissions , which typically account for 90-99 % of a product ’ s total emissions .
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