Sustainable industrial development works to minimize its environmental footprint while maintaining economic growth, social advancement and quality of life. Sustainable industrial development ensures that resources are used conservatively and efficiently. Sustainable industrial development offers plenty of economic benefits. Technological progress is the foundation of efforts to achieve environmental objectives, such as increased resource and energy-efficiency. Without technology and innovation, industrialization will not happen, and without industrialization, development will not happen. The industry itself promotes jobs and income associated with reducing environmental impact. Improved environmental performance can also lead to increased labor productivity and product quality, contributing to a healthier economy.
Sustainable industrial development can also lower operating costs for businesses. Sustainable and efficient processes use less energy, water and materials, which can lead to significant cost savings. Perhaps the most obvious benefit of sustainable industrialization is reduced environmental impact. Sustainable industrial development works to lower greenhouse gas emissions and conserve water, energy and natural resources.
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