Decarbonise while you Digitalise
Nathan Knight, Hitachi Vantara’s Managing Director for Australia and New Zealand, makes the case for a coordinated approach to decarbonisation and digitalisation. Imagine that manufacturers have a character on each shoulder, one with the word PROGRESS emblazoned across its chest, and the other, SUSTAINABILITY. When deciding where to invest precious resources like time, expertise and money, they can feel like two competing priorities. “Pick me,” says Progress. “More digital services, more automation, more cloud, more diversification, more data analytics, more!” The other voice pleads, “But what about me? You have to consider the planet, responsible resource management, diversification of your staff and your supply chain. You have to reduce your emissions.” Sustainability’s voice is getting louder and more insistent. In the pursuit of digitalisation in the name of progress and competitive edge, the two do not have to be at odds with one another. In fact digitalisation is a powerful tool that can help manufacturers achieve the critical sustainability goal of decarbonisation. Many Eyes on the Manufacturing Sector Australia strengthened emissions reduction targets with the goal of net zero by 2050. According to Grattan Institute, decarbonising Australian industry is an “industrial revolution against a deadline” and the scale and pace of change required is unprecedented. The think tank has called for government policy change, stricter emissions limits and a focus on decarbonising heavy manufacturing and mining, which reportedly produce a third of Australia’s carbon emissions. The heavy industry sector collaborated with decarbonisation experts to form the Australian Industry Energy Transitions Initiative (ETI), which says that regional Australia’s industrial economy could cut greenhouse gas emissions by more than 80% and become centres for multibillion-dollar investments in renewable energy. It would take an unprecedented transformation of the energy system, they say. Acknowledging that the agriculture, mining, manufacturing, data centre and other sectors […]