
Sustainability Lighthouse
Launched in 2018, the Global Lighthouse Network is an initiative of the World Economic Forum in collaboration with McKinsey & Company. In the manufacturing lighthouse scheme, the fourth industrial revolution makes sustainability easier. Environmental sustainability and competitiveness reinforce each other thanks to digital. The Global Beacon Network has so far identified more than 100 businesses around the world as “Beacons” (leading businesses with a sustainable model) that have successfully transformed their factories through Industry 4.0. .
Sustainability beacons pursue ambitious impacts on environmental sustainability and in return realize very significant achievements. They have been outspoken about combining sustainability goals with specific timelines as part of their 4IR journey. The results they obtained are placed in multiple environmental categories and reach the improvement level. A close look at Beacon’s success stories reveals that organizations investing in 4IR technology are improving productivity, sustainability, operational cost reduction, customization and speed to market.