Manufacturers are increasingly thinking about the impact of their operations on the environment and on scarce resources—not just because it’s the right thing to do, but because it makes economic sense, as well.
Now, a new report from ABB Motion, “Circularity: No Time to Waste,” is putting some data behind that trend. The survey reveals that 92 percent of industrial businesses in the U.S. are feeling the effects of resource scarcity, prompting 67 percent to increase their investment in circularity initiatives within the next three years.