Volvo group Circular Operations & Solutions ‘Change for Good’ sustainability award copywriting, IFS. Each year, IFS ‘Change for Good’ Sustainability Awards recognize ESG excellence across its global community of customers. Following an interview with key stakeholders, I created this profile for ‘Best use of IFS technology in a sustainability initiative 2022’ category winner Volvo Group Circular Operations & Solutions.
- COPY: Ian Castle, Freelance Copywriter
- CLIENT: IFS
Sustainability case study copy sample, Manufacturing sector, IFS (US English)
[Excerpt]:
Halving emissions and using just 20% of the energy required for new part manufacture, Volvo Group Circular Operations & Solutions is the 2022 winner of our ‘Best use of IFS technology in a sustainability initiative’ category.
For nearly 100 years, Swedish multinational corporation Volvo Group has been manufacturing, selling, and servicing commercial vehicles. In 2016, it became the world’s second largest manufacturer of heavy-duty trucks. Since the 1950s, growing a sustainable business has allowed Volvo Group to deliver good value for both customers and stakeholders. As part of Volvo’s efforts, the group is committed to both remanufacturing and recycling to reduce energy consumption, cut CO2 emissions, protect resources and eliminate waste. In the case of remanufacturing, Volvo Group Circular Operations & Solutions uses IFS software to manage and analyze processes across multiple remanufacturing centers globally.
Substantial savings
Extending the service life and operational uptime of fleet assets contributes to increasing circularity. Remanufacturing commercial vehicle components and sub-assemblies can dramatically reduce the consumption of resources. Explains Gustafsson, “We can put a fully warranted remanufactured truck gearbox or engine back on the market with roughly 50% of the CO2 footprint of producing it new and reduce the energy needed by 80%. It’s ‘win-win- win’ for the environment, the customer and our business. Remanufacturing also means that virtually all metal scrap from Volvo production operations is recycled or reused,” he says.
Remanufactured components are delivered with the same or higher quality as new ones, with a full warranty, often at a better price, to customers worldwide. The current remanufacturing program operates with a wide variety of parts and components, with future aims to cover even more markets and more components.
Energy savings are especially significant in the current climate. Observes Gustafsson, “I think energy is currently our scarcest and most worrying global resource. Our ability to deliver a complex remanufactured product like an engine or drivetrain with 80% lower energy consumption shines a light on the business model opportunities for manufacturers in all sectors globally.”