Study Shows Automotive Industry Not Fully Committed to the Sustainability Movement

12 Jan by Grace Delma

Study Shows Automotive Industry Not Fully Committed to the Sustainability Movement

The automotive industry has received the most attention in the movement to arrest the effects of climate change and other issues affecting the environment. Investors, consumers, and governments alike are persuading the various organizations in the automotive industry to modify their culture, products, and methods of working. This is mainly because certain sectors in the automotive business still have to implement changes that work toward sustainable developments that can can make huge and significant progress in addressing the problems faced by the planet

Study Shows Some Sectors of the Automotive Industry are Not as Committed to the Sustainability Movement

The Capgemini Research Institute conducted an extensive research that revealed how the automotive industry is participating in the era of sustainability. The organization gathered information through a survey of 300 sustainability experts such as regulators, academics, and related non-government organizations (NGOs). The survey respondents also included 500 of the major players in the country’s automotive industry.

  • Sixty-two percent of the industry claim that they have made sustainability a strategic priority in their business organizations. However, such sustainability commitments are divided into many parts and in order to meet their sustainability goals and targets, as much as $50 billion must be invested to implement and carry out the sustainability strategies.
  • Seventy-four of the original equipment manufacturers or OEMs that tool part in the survey said they have plans to go into electric vehicle production. Yet of the 74%, only 56% include electric vehicle production in their sustainability strategies. This particular revelation was analyzed and concluded in the study as inefficient and counterproductive to the goals of the movement.
  • Only 52% of automotive organizations are implementing and maintaining sustainability based on the circular economy. The Capgemini researchers believe that the percentage needs to go higher in order to reach the full potential of their zero-waste initiative.
  • According to the survey, only nine percent (9%) of the organizations that responded have a sensible sustainability program, while 26% of those that have programs in place, have been falling behind in carrying out their commitments.

Raising the Automotive Industry’s Awareness about the Importance of Sustainable Practices

Many in the automotive industry contend that they need to secure additional investments as means to launch sustainable climate change actions. Yet eco-friendly actions, no matter how small can help address the different issues that have been depleting and degrading the planet;s natural resources.

Let’s take for example the garage where production activities can make the area messy with different chemical substances and harsh ingredients. Eventually, the spills if occurring on concrete ground will become runoffs. If occurring on bare earth, the harsh ingredients will seep through and contaminate the soil.

A simple action of covering the ground with protective mats that will absorb the harsh liquids already counts as a sustainable action, as it keeps the ground protected from contamination, Since our knowledge about ground protection mats is limited, readers can learn more about the different types of ground coverings used as barriers against soil degradation.