SUSTAINABLE MANUFACTURING: REDUCING CARBON FOOTPRINT IN MANUFACTURING – OPTIMIZATION OF RESOURCE UTILIZATION, RECOVERY OF WASTAGES AND USE OF RENEWABLE ENERGY: - BEING LEAN AND GOING GREEN

Abstract

Sustainability has been Point of Global Focus and a fast acquiring center stage for all process Industries, Manufacturing firms and Business organizations. Being caught in a vicious circle of Environmental Regulations, Sustainable performance, and climate change resiliency, manufacturers must secure their operation and trade licenses so that they can co-exist in the circular economy. The alarming rate at which the focus of investors on social, environmental, and governance (ESG) performance and higher market valuation for sustainable products, adds to this burgeoning need for greener , safer and sustainable future. The risk is enormous, but opportunities are abundant while Innovation remains the key driver which is why it’s widely accepted among Environmental Activists, industry professionals, statutory bodies. This is due to the fact that sustainable development is a need of the hour that requires prompt action and abrupt changes from statutory Bodies, Manufacturing and Industry professional, and society as whole, it’s finally the same world we all build together. Holistically we should view sustainability as a strategic function which is way beyond meeting statutory requirements and compliances which promises new business opportunities, Cost Benefits and reduction of cost over the life cycle of Systems and This research paper shall review the literature on technological Advancements- and innovations in system Design which will contribute to reduction of carbon footprint, Improvement System Efficiency , and lead to Zero Emissions discharge to the environment which in turn will lead to transformations in individuals, organizations, supply chains, and communities towards a sustainable future. In this Although many of the articles explored in this review report on existing urgent social, environmental ,Health and financial issues, their findings, recommendations, and contributions are encouraging as we make progress toward a sustainable society through innovation and use of alternative methods for generation of resources . This article reviews the diversity of innovation for Sustainable Development in the literature, proposes a typology of such a phenomenon, provides an overview of key articles based on the primary subjects they address, and identifies a series of recommendations for the future development of the field.