The way we’ve been producing petrochemicals has evolved over the years. Petrochemicals are chemical substances based on the combination of natural gases and petroleum. They are essential to the production of our everyday goods. With the growing need to protect our environment, opening the conversation on nurturing petrochemicals to adapt to today’s sustainable development measures becomes crucial.
What are the 4 measures to promote sustainable development?
There are numerous measures that contribute to the promotion of sustainable development. The below 4 are the most prominent.
- Growing and improving human capital is needed to promote sustainable development. This can be done through better education and healthcare, which consequently improves the overall quality of life and better decision-making when it comes to our environment.
- Responsible consumption and well-regulated production to reduce wastage.
- Decarbonization of the energy system to provide clean and fordable energy.
- Providing access to clean drinking water and nutritious food and constructing smart infrastructure so that environmental damage is prevented.
Leading petrochemical company, Anchorage Investments, founded by Dr. Ahmed Moharram, focuses on promoting sustainable development through environmentally friendly methods of production.
What are examples of sustainable development strategies?
Defined by the OECD, Sustainable Development implies coordinating the financial, social, and natural goals of society, to amplify human prosperity in the present without compromising the needs of future generations.
A sustainable development strategy involves incorporating social, financial, and ecological goals, taking into consideration their implications and consequences on the different socio-economic groups and future generations.
Examples of sustainable development strategies include:
- Practicing bio composting
- Leveraging solar power through photovoltaic cells
- Deployment of non-conventional or renewable sources of energy
Petrochemical companies’ role in achieving sustainable development measures
Petrochemicals are crucial in the production and manufacturing of most of our everyday products and particularly devices like solar panels and windmills that receive renewable sources of energy.
Top petrochemical company, Anchorages Investments serves its duty in taking sustainable development measures by making sure it produces is petrochemicals with the least environmental damage. This innovative and sustainable production process is overseen by founder and managing director o Anchorage Investments, Ahmed Moharram.
Sustainable development and mining
To efficiently contribute to sustainable development, mines should limit ecological effects all throughout their lifecycle, from investigation, through extraction and refining, to recovery. This is best achieved through powerful ecological administration.
Since mining processes can possibly influence a different gathering of natural elements, and are important to an extensive variety of partner gatherings, there is enough of a chance for the business to work more reasonably.
The transformation sustainable development has done to the petrochemical industry
With more economies taking bigger steps toward sustainable development, the petrochemical industry saw major increases in demand. As previously mentioned, petrochemicals are widely used in solar panels that are used to receive renewable sources of energy. Solar panels are a major contributor towards a more sustainable world, and they’re largely made using petrochemicals.
One of the top petrochemical companies in Egypt founded and managed by Dr. Moharram, Anchorage Investments, contributes to sustainable development locally and globally through its strategic and eco-friendly management and production methods.
The Sustainable Development Goals
The Sustainable Development Goals (SDGs) were originally adopted by the United Nations in 2015 as part of the 2030 Agenda for Sustainable Development. The 17 SDGs are an urgent call to action to by all countries in recognizing the critical state of our world and how it may hinder the future of generations to come.
To conclude, sustainable development has largely nurtured the petrochemical industry globally. With further attention dedicated to creating a more sustainable world, the petrochemical industry continues to follow in the same direction. Petrochemical leaders like Dr. Ahmed Moharram ensure a production of petrochemicals that limit their impact and damage to the environment.