The importance of ESG (Environmental, Social, Governance) in today's business world is constantly growing. Particularly in mechanical and plant engineering, an industry that has traditionally focused strongly on production and technology, the integration of ESG criteria is becoming increasingly relevant. Companies that implement ESG practices not only benefit from a better image and regulatory advantages, but also make a significant contribution to sustainability and resource conservation.
Focus on the three ESG utilization potentials
1. CO2 transparency
Thedemand for CO2 reduction is on everyone's lips. Companies in the mechanical and plant engineering sector are under pressure to reduce their CO2 emissions in order to meet global climate targets. Transparent CO2 accounting makes it possible to accurately measure, monitor and control emissions. This goes far beyond simply recording emissions - it is about identifying potential savings and implementing effective measures to reduce emissions. With advanced IoT solutions and data-based analytics, companies can precisely monitor and optimize the CO2 emissions of their facilities.
2. energy efficiency
Energy efficiencyis a central component of the ESG strategy. Reducing energy consumption not only lowers operating costs, but also reduces the environmental footprint. By using technologies that provide real-time data on energy use, companies can optimize their energy flows and thus significantly reduce energy consumption. Intelligent control systems based on AI and IoT enable continuous monitoring and adjustment of energy consumption profiles in real time.
3. resource efficiency
Theefficient use of resources is another key ESG potential. In mechanical and plant engineering, the aim is to minimize the use of materials, reduce waste and maximize recycling opportunities. By using IoT technologies and data-driven analyses, companies can monitor and optimize material consumption, improve recycling processes and extend the service life of machines and systems. This not only helps to conserve resources, but also supports the circular economy.
The role of Asset-as-a-Service (AaaS) in the ESG strategy
TheAaaS business model makes a significant contribution to ESG-compliant corporate governance. It enables companies to use machinery and equipment as a service rather than buying them. This not only reduces the initial investment, but also the consumption of resources and CO2 emissions. At cap-on, we rely on AaaS to unlock untapped ESG potential for equipment manufacturers and users. With our solutions, you can achieve your ESG goals by entering the circular economy, leveraging data potential and complying with ESG regulations.
Conclusion
Theintegration of ESG practices in mechanical and plant engineering is not only a response to increasing regulatory requirements, but also an opportunity to increase competitiveness. The use of CO2 transparency, energy efficiency and resource efficiency offers companies enormous potential for optimizing their processes and promoting sustainable innovation. With cap-on, you can effectively pursue your ESG goals and benefit from the advantages of the circular economy, data analysis and ESG compliance.
About cap-on
cap-on, a FinTech company founded in 2021, specializes in industrial Asset-as-a-Service (AaaS) solutions. Our solutions help companies to achieve their ESG goals efficiently. By digitizing and connecting machines and equipment, we offer an end-to-end solution that combines IoT, cloud and AI. These technologies make it possible to seamlessly collect data and perform in-depth analyses that provide crucial insights into CO2 emissions, energy consumption and resource efficiency.
Our plug-and-play IoT gateways ensure that a pilot asset is digitized on site at the plant within two hours. In the scaling phase, new machines can be onboarded in just a few minutes. This rapid implementation makes it easier for companies to quickly and efficiently align their production processes with ESG goals.
Instead of buying expensive machines, companies are increasingly turning to pay-per-use models. However, the introduction of a pay-per-use model is associated with challenges.
Companies that know what their customers want can tailor products, services and customer experiences. But how do you gain this knowledge?
Investors, customers and regulatory requirements demand transparent ESG reporting. But how can CO₂ emissions, energy consumption and resource efficiency be recorded precisely?
More and more companies are relying on IoT technologies and IoT hubs to connect their machines, systems and production processes. But what are the benefits of such a data hub?
Digitalization is becoming increasingly important for SMEs in order to secure their position in the market. But how exactly can SMEs benefit from IoT and what advantages does the technology offer?
How can banks, leasing companies and insurance companies benefit from asset risk monitoring via IoT technologies?
Hacker attacks on industrial plants can have devastating effects. But how can companies protect their machines and systems from cyber threats?
Pay-per-use models are particularly attractive for growing companies - but why exactly?
The Digital Product Passport (DPP) harbors uncertainties and restructuring for machine and plant manufacturers. How can the IoTization of machines and systems support the DPP?
Remote servicing is becoming increasingly popular as it offers many advantages. But for which companies and industries is remote servicing particularly suitable?
Pay-per-use and asset-as-a-service models offer companies in the manufacturing industry, technology and electronics sector, logistics and start-ups enormous advantages.
AaaS is often classified as "too expensive" because only financing costs are compared. Only a comprehensive TCO analysis reveals the many advantages.
The networking of machines and systems has taken on central importance and is revolutionizing how companies organize, optimize and scale their production processes.
Partnership Staufen.ValueStreamer GmbH, ClimateGrid and cap-on: working together for effective sustainability management
The cap-on IoT Hub is the central web platform for controlling your subscription assets.
As an Asset-as-a-Service provider and orchestrator, we are proud to be able to offer the necessary technical infrastructure from our own source.
Asset-as-a-Service from the CFO perspective: What advantages does Managing Director Rainer Dieck see in the cap-on business model?
We were very pleased to brainstorm with Falk Nüßle about common strategic goals and practical needs following the 5th advisory board meeting of cap-on GmbH.
We are pleased to announce that together with our partners from thyssenkrupp Automotive Body Solutions, we have successfully completed the technical connection of another asset.
Welcome to our Berlin office!
cap-on was given a plant tour of the thyssenkrupp Automotive Body Solutions plant in Heilbronn.
The development of our lIoT platform for equipment-as-a-service, including the risk model for asset financing, enabled cap-on to qualify for a research grant.
Despite the limitless flexibility made possible by today's work structures, regular personal exchange offers many opportunities.
At the end of June, the Berlin cap-on Tech team was at the hub.berlin 2022 - "The business festival for digital movers and makers".
Under the leadership of partner Dr. Kai-Klemens Wehlage, honert provided comprehensive legal advice to the cap-on GmbH on a financing round.
"The body plant subsidiary of the Ruhr Group wants to offer its customers new financing models. In doing so, it is banking on the trend toward the factory on subscription." Source: Knitterscheidt, Handelsblatt 2022
%20Gro%C3%9F.png)
thyssenkrupp Automotive Body Solutions and S.D.L. Süddeutsche Leasing AG acquire a stake in the fintech company cap-on.
Joint project for pay-per-use tool financing with EGA and SDL AG
cap-on and Neoloan agree on a strategic partnership.
cap-on Co-Founder Andreas Müller with Stefan Kober (Co-Founder Primepulse SE) at the World Economic Forum in Davos.