We believe the future belongs to those who can produce more with less
Efficiency builds sustainability
Fastems’ purpose is to build sustainable, strong and competitive manufacturing which can only be achieved with the help of automation and digitization. As a company we want to have impact on three levels: planet, people and profit, also known as the triple bottom line.
Planet – Sustainable
When building a more sustainable future with and within manufacturing, it’s essential to work smarter around materials, energy and people. This is why at Fastems we want to enable manufacturers to do what they do best, but by using less. This means achieving two goals for a price of one: increasing productivity while also protecting our planet.
Automation and digitalization enable greater resource efficiency, more timely production, less waste and improved quality. At the same time, working becomes more meaningful and safe.
People – Strong
Benefiting from strong manufacturing is a cornerstone for economic success in any nation. In fact, research shows the direct and indirect value added by manufacturing to play an important role in building economic maturity and independence.
The well-being of people relies, in part, on a stable and growing economy where individuals can find meaningful jobs. This is true not least in manufacturing, where automation makes work more enjoyable and safe.
Profit – Competitive
Increasing efficiency and productivity through automation is the only way to make manufacturing competitive anywhere in the world. This is especially true in locations where costs are high or finding and keeping skilled workers is a daily pain.
For any manufacturer, thriving business is built on the bedrock of smart operations and a positive bottom line that feeds innovation and investments. The end result is a positive cycle, which ensures the future of the company.
“In short, saving the future of the planet we live on…”
Our Carbon Handprint and Footprint
Automation enables more sustainable investments
Fastems helps its customers develop their manufacturing to combine increased productivity with a positive impact on the environment. The concept of carbon handprint is used to discuss and measure how this comes about. By definition, carbon handprint means the reduction in emissions by a product or a service. So how can one calculate it for Fastems?
As automation multiplies the utilization rate of machine tools, it enables manufacturers to reduce the CO2 emissions related to their production development investments. This happens by reducing the amount of machine tools necessary to reach a certain production capacity. With a typical flexible manufacturing system (FMS) with two integrated machine tools running on utilization rates of 60 % each, the system can replace six stand-alone machine tools that can’t yield more than about 20 % of utilization.
In the situation above, one can save up to 538 tCO2e during the investment – which equals to taking 76 trips in your car around the globe. And there’s more: 34 tCO2e is being saved every year in heating (or cooling) costs because of how automation consumes less floor space. The figures represent the typical machine sizes integrated by Fastems and the typical emissions caused by their production – netted against the emissions caused by the production of the automation solution.
We work to know and reduce our footprint
Knowing our carbon footprint is an important step in our journey towards a sustainable future. After all, if you don’t know your numbers, it’s impossible to improve them. For those who might not be familiar with the concept, carbon footprint means the (CO2 equivalent) amount of emissions that are associated with our own operations.
Let’s get technical. For our direct emissions and emissions from purchased energy (GHG Protocol Scopes 1-2), the biggest share comes from electricity and heat consumption. They make up for nearly two-thirds of our carbon footprint.
Our goal is to understand our climate impact even better to decrease our footprint. That is why our next step is calculating our indirect emissions (GHG Protocol Scope 3). This means setting goals and a plan for a more climate-friendly Fastems during 2021.