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As organizations embrace the dual mission of profitability and sustainability, efforts to mitigate climate change are at the top of the agenda. Sustainability has already become an integral part of business decision making; consumers and corporate purchasers increasingly consider carbon footprints when they make buying and investment decisions per a McKinsey study. Industry 4.0 solutions are increasingly seen as a catalyst for sustainable manufacturing by helping factories run in a more energy-efficient manner, and with fewer carbon emissions as a result.
The challenges