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The Hindu·4 min read·medium

Industry leaders: Sustainability should drive savings, not just compliance

B
Balasubramanyam C.P.
Industry leaders: Sustainability should drive savings, not just compliance
AI Summary

Industry leaders at the CII TN Sustainability Manufacturing Summit 2026 discussed how sustainability initiatives can drive cost savings and efficiency. Experts emphasized that identifying waste and optimizing resource use provides measurable business value beyond mere regulatory compliance.

Why it matters

It demonstrates a shift in corporate strategy where environmental sustainability is increasingly viewed as a core driver of profitability and operational efficiency.

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Sustainability is being viewed as a direct lever for reducing costs, improving efficiency and strengthening competitive advantage, industry leaders said at the CII TN Sustainability Manufacturing Summit 2026.

During a panel discussion titled “Making Sustainability Profitable: Cutting Costs, Creating Value,” executives from Festo, Amara Raja Group, TAFE and sustainability consultancy LGS Assurance highlighted how identifying waste, improving resource efficiency and embedding sustainability into product and manufacturing decisions can deliver measurable business value.

Tapan Upadhyay, who heads application engineering and technical support at Festo, said companies should first identify where energy is being wasted before investing in new sustainability projects. “The greenest energy is the energy that you do not use, do not waste,” he said.

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