Value networks and sustainability – creating new ways of innovating together
Solving these challenges requires system change and innovation in multiple ways, in multiple organizations and perhaps most importantly – it all needs to happen at the same time. That is why so called ‘Value Networks’ which bring together all the stakeholders around a specific issue are being created.
One such network which has been set up by Volvo Group is the Construction Climate Challenge. This initiative brings together businesses along the full value chain, governments, environmentalist groups and scientists who have the potential, in one way or another to help address the Greenhouse Gas impact of the built environment. From raw materials to design and construction, and all the way through deconstruction and re-use, SKF has been invited to join the initiative, and attended the launch just before the summer break.
Reflecting on the key message coming at the launch, Rob Jenkinson, Director of Corporate Sustainability at SKF said ‘It’s clear that over the coming 25 years, as more and more people live in cities, there will be an unprecedented investment in the built environment. If the world does this in the conventional way - we will lock ourselves in to an unsustainable future, but if we make a transition and get it right, this investment will be a major part of the drive towards a sustainable, low carbon and energy efficient world. Getting it right will require innovation and improvement in everything from cement production to construction equipment to rapid transportation systems – and all this represents a great opportunity for us in SKF to help enable the transformation’.
Research is at the heart of the Construction Climate Challenge and is focused around four main areas:
- Energy efficiency
- Enablers for change and innovation
- Circular business models
- Emerging sustainable technologies