Embedding Sustainability into Asset Management: A Case Study

Abstract

Industrial and manufacturing systems have a major impact on all aspects of sustainability. Asset management is an important factor for companies seeking to improve their sustainability performance. This paper examines the areas in which companies incorporate sustainability aspects into their asset management decisions and activities. It uses two Slovenian companies as an empirical case study. The results show that both companies actively incorporate sustainability into their asset management practice. The weakest inclusion was found in asset management policy, strategy and objectives. Risk management is another area to focus on, as well as activities related to asset information. The stronger involvement of sustainability in asset management activities was related to organization and people. Support from top management was found to be moderate rather than strong. The study's findings underscore the areas where asset managers should focus to boost their contribution toward sustainability