ESG Growth: PLC Vendors Leading Sustainability

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⌚Timestamps:
00:00 - Intro
00:42 - The importance of ESG management
02:02 - ESG definition
02:42 - Benefits of ESG management
04:07 - OMRON and ESG management
05:48 - Solar panel production
06:59 - Summary

Today, we're exploring ESG which stands for Environmental, Social, and Governance, and discussing why ESG Management is a rapidly growing undertaking among manufacturers.

There is growing evidence that companies with strong ESG management and performance are more likely to outperform their competition over the long term.

We’ll also discuss ESG management reporting and introduce you to some recognized standards and reporting frameworks.

In addition, we’ll talk about how PLC vendors are participating in ESG Management and the impact their products are having on their ESG reports.

Today, as concerns about climate change, environmental consciousness, carbon emissions, and pollution intensify, ESG has emerged as the guiding light for corporate responsibility.

But this isn't entirely new; think back to historic management philosophies like ISO 9001 and Corporate Social Responsibility (CSR). One could argue that these initiatives paved the way for ESG, emphasizing quality standards and ethical practices.

Compliance with ISO 9001 is usually seen as a mark of quality and a CSR enhances a company's reputation, brand image, and long-term profitability.

So… what is ESG? It is a set of standards for how a company operates and its effect on the planet and the people living on it. The three pillars or topic areas are Environment, Social, and Governance.

The company’s goal is to evaluate and report on its impact in three areas: environmental sustainability, social responsibility, and corporate governance.

There are lots of benefits to adopting ESG management. For example, adopting energy-efficient technologies can reduce utility expenses and reduce costly production line defects.

ESG management reporting involves the disclosure of a company's performance and practices related to environmental sustainability, social responsibility, and corporate governance.

Transparency and trust are key. These reports give stakeholders a birds-eye view as companies bear it all.

Okay… let’s zero in on a highly-rated industrial automation company across ESG dimensions.

OMRON has been listed within the top 97% among peer sector companies on the globally recognized Dow Jones Sustainability World Index as identified by “S&P Global” through the Corporate Sustainability Assessment (CSA).

OMRON received top scores in the categories of emissions management, resource efficiency & circularity, waste management, and water consumption.

OMRON’s NX5 PLC offers advanced functionality for process optimization and control, allowing companies to improve efficiency, minimize waste, and reduce resource consumption.

The NX5 PLC supports remote monitoring and predictive maintenance capabilities, enabling companies to monitor equipment performance in real-time and identify potential issues before they result in defective products.

The NX5 has a high-speed SQL communication feature that facilitates the transfer of high‐resolution production data to a database shortening the time between when a problem occurs and when it is detected. Defect prevention and yield improvement are the result.

If temperature control is crucial, OMRON offers the NX-HAD Analog Input unit, renowned for its high speed and resolution, alongside the NX-HTC Temperature Control Unit, equipped with high resolution and built-in PID control.
@OMRONGlobalChannel

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If you would like to know more about the features and functionality of the OMRON NX5 PLC, check out our course called Omron PLC Advanced Skills – NX5 Controllers:


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