Driving sustainability: How machine manufacturers are changing the game

A recent report from Siemens Financial Services (SFS) examines the sustainability initiatives that the top 50 production machinery manufacturers offer to their customers in the industrial sector. This analysis is based on available documentation and statements from these leading companies.
November 5, 2024

A recent report from Siemens Financial Services (SFS) examines the sustainability initiatives that the top 50 production machinery manufacturers offer to their customers in the industrial sector. This analysis is based on available documentation and statements from these leading companies.

The study reveals how these manufacturers interpret the impact of their solutions on sustainability and highlights priorities in this area, reflecting the growing demand from the manufacturing sector.

Sustainable initiatives promoted by these manufacturers include optimising energy consumption, improving productivity through digitalisation, creating products with a low carbon footprint through the use of digital twins, as well as renewing machinery and reducing waste, the use of raw materials, water consumption and polluting emissions.

While it is critical to recognize the need to invest in more sustainable machinery, access to capital remains a challenge, both for acquiring new equipment and for modernizing existing ones.

Specialised financing solutions enable machinery and technology suppliers to facilitate the necessary investment for manufacturers, offering them the option of monthly payments rather than requiring large sums of upfront capital.

“There is a growing consensus on the need for machinery manufacturers to offer technology that supports sustainability,” says Hiart Legarreta, CEO of Siemens Financial Services in Spain. “This demand comes from regulatory demands on sustainability, pressure from shareholders and definitions in the capital markets. However, the transition to more sustainable technologies entails a significant cost in a context of capital scarcity. Smart financing solutions are designed to make this ecological transition possible in an affordable way for both machinery suppliers and their customers in the industrial sector.