We recently conducted a survey among our customers from the engineering sector to get a bigger picture of the industry\u2019s views on sustainability.<\/p>\n
We carried out the survey to clarify your, our customers\u2019, priorities when it comes to sustainability. This way we can align our understanding with yours and add new features to the platform in the future that really address your needs.<\/p>\n
Stats:<\/strong><\/p>\n <\/p>\n 91.2% of the answers were \u201cyes\u201d, while the other 8.8% was equally divided between \u201cno\u201d and \u201csomewhat\u201d.<\/p>\n The respondents showed a very high concern for sustainability issues. Of course, we should consider that a lot of the people who do not care about the topic also did not participate in the survey. But even then, the yes-group was overwhelmingly large.<\/p>\n Again, 91.2% of the people said \u201cyes\u201d, while the remaining opted for \u201cno\u201d.<\/p>\n Although it would seem logical that the latter segment formed from the last question\u2019s \u201cno\u201d and \u201csomewhat\u201d groups, this is not true.<\/p>\n The reason may be that while some from the last question’s \u201cyes\u201d group consider it important on a personal level, they do not take it into account when doing business. At the same time, some people who may not see sustainability as important might have to consider it in business due to other requirements.<\/p>\n All in all, the \u201cyes\u201d group is a large majority, giving a great outlook on the industry\u2019s perspective.<\/p>\n 1 – 4.4% All in all, 77.9% of the respondents see the supplier\u2019s focus on sustainability<\/a> as an important or very important aspect. A lot of companies try to, when possible, go for a more eco-friendly solution.<\/p>\n We would interpret \u201c3\u201d as a group that considers these values as a nice-to-have but the emphasis when choosing suppliers is probably wholly directed towards other qualities.<\/p>\n Even though 8.8% said that sustainability does not play any role when making business decisions (last question), only a combined 5.9% fall into the \u201c1\u201d and \u201c2\u201d groups.<\/p>\n The signs of sustainability\u2019s growing importance and engineers\u2019 awareness of it are clearly visible in the results.<\/p>\n 77.9% answered \u201cyes\u201d and 22.1% \u201cno\u201d.<\/p>\n The yes-group is exactly the same size as the 4-5 group in the last question.<\/p>\n We can deduce that people who do look for sustainable practices<\/a> from the supply side also understand that it does come at a cost and are willing to cover that.<\/p>\n 82.4% said \u201cyes\u201d, 17.6% \u201cno\u201d.<\/p>\n Even more engineers would be happy to pay a small extra for eco-friendly packaging.<\/p>\n It is possible that there the 2 main drivers for that are:<\/p>\n The cost of packaging makes up a way smaller value of the overall cost of the goods. Additionally, the % is also smaller so the overall contribution towards sustainability is cheaper to make.<\/p>\n The social campaigns for eco-friendly packaging have been a long-running process of creating awareness and its effect is showing.<\/p>\n If the last point is true, we could envision that educating the audience about sustainability in the grander scheme of manufacturing can also affect the % there.<\/p>\n We have, of course, thought about these things in-house but were looking to see what are your expectations when it comes to sustainability and how we could follow them.<\/p>\n The following things were brought out:<\/p>\n As a nice addition, a few of you used the opportunity to demand opening up new delivery destinations in Europe<\/a> \ud83d\ude42 We will in due time and thanks for showing the demand (literally).<\/p>\n Our major customers have been working on sustainability for years already. The reports are filled with hundreds of actions, so the list of options when moving forward is pretty long.<\/p>\n We can only make a high positive impact when prioritising the steps in the right order. This is why we contacted you, as we can make different options available, but the success of these steps depends on whether you actually want to utilise them or not.<\/p>\n\n
Questions & Answers<\/h2>\n
Do you think sustainability is important?<\/h3>\n
Do you consider sustainability when making business decisions?<\/h3>\n
How important is it that your suppliers apply sustainable practices?<\/h3>\n
\n2 – 1.5%
\n3 – 16.2%
\n4 – 39.7%
\n5 – 38.2%<\/p>\nWould you be willing to pay a 3% premium for carbon-neutral production services?<\/h3>\n
Would you be willing to pay a 1% premium for eco-friendly packaging?<\/h3>\n
Would you like to propose ways how Fractory could address sustainability?<\/h3>\n
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Conclusion<\/h2>\n