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Environmental, social, and corporate governance (ESG) is now on the agendas of the most senior stakeholders within businesses around the globe.

For over 40 years, AspenTech has applied advanced technology to address the critical challenges faced by industry and society. Now, our focus is also on leading in sustainability solutions and partnering with asset-intensive industries to make the sustainability future a reality.

Today’s asset intensive organizations face multiple competitive, market and economic related challenges, not the least of them relates to managing the business during a pandemic. This drives the need for new and expanded asset performance capabilities that go beyond traditional maintenance management approaches to include improved access to process data.

ARC Advisory Group conducted research to gain a better understanding of the current state of sustainability and “green initiatives” in the chemical and energy industries. Research showed that:

This report addresses how industry leaders in the chemical and petro-chemical industries are leveraging digital technology as a key component of the transition to a circular model of production and consumption and as part of an overall path to sustainability of operations. Based on ARC research and analysis, this report also provides recommended action for owner-operators and other technology users.

ARC found that 17 percent of survey respondents cannot scale APM across different assets at the same plant, regardless of resources. And 53 percent of respondents also indicated that their APM deployment was scalable, but not without tremendous effort and resources. Learn more about the ARC Scalability Survey results in this report.

ARC descubrió que el 17% de los encuestados no logran escalar APM en diferentes activos de la misma planta, independientemente de los recursos. Un asombroso 53% de los encuestados también indicó que sus implementaciones de APM eran capaz de ser escaladas, pero no sin un enorme esfuerzo y demanda de recursos. Aprenda más de los resultados de la la encuesta de escalabilidad de ARC en este reporte.

The challenge to end plastic waste leakage into the environment is huge but not insurmountable.

Over the past three years, the Alliance to End Plastic Waste has rallied over 90 member companies, allies and supporters who are committed to ending plastic waste in the environment and creating circularity. AspenTech is proud to be one of those members and to have the opportunity to work with some of the world’s leading companies to create and scale innovative solutions for this cause.

AspenTech’s President and CEO To Highlight How Regional Firms Can Achieve Operational Excellence in Chemical Production