Press release
Press release
Wood and Honeywell introduce technologies for carbon-neutral sustainable aviation fuel
Smart design and operations
Connecting environmental and social factors into smart design and operations has the power to help us achieve greater, more sustainable economic performance. Sustainable innovation holds the key to a cleaner, fairer and healthier world.
Unlocking solutions
Through harnessing the passion, expertise and ingenuity of our people we continue to adapt the way we work and the solutions we make possible enabling us to meet the challenges of tomorrow. Our ability to explore, unlock and deploy the latest innovations helps create sustainable growth for Wood and our clients, whilst delivering our contribution to global sustainable development.
How is this fundamental to our business
As a global service provider across the energy and built environment markets, Wood operates across the entire project lifecycle. Delivering expertise in designing, planning and optimising facilities, asset or infrastructure through to our rich experience in building, operating and re-purposing. As technologies evolve, the demand for sustainable innovation has become a key area of growth for business and industry. The stronger rationale for ‘sustainable’ innovation over innovation in general presents the opportunity to improve business models and processes, better streamline and reduce resource consumption and waste, and open up new markets as industries adapt to changing consumer demand and increasing environmental concerns. Wood’s ability to keep pace with advancements in technology and innovation, is vital to enabling a future ready business and the future needs of our key stakeholders. We believe sustainable innovation can help our business achieve greater economic performance because of (rather than despite) environmental and social awareness.
We recognise the need for business, government and society to work together in delivering sustainable development. Harnessing the power of partnership, in support of SDG 17, our efforts to collaborate in partnership for the goals will drive progress on our own and global sustainability goals, to unlock solutions to the world’s most critical challenges.
Our focus on technology and digitisation demonstrates the importance of sustainable innovation in obtaining our strategic objective to be a premium, differentiated business delivering exceptional returns for our clients, our team, our investors and the communities in which we work.
Our goal to double client support aligned to the energy transition and more sustainable infrastructure, by 2030 will be measured by how successfully we keep pace with innovation and technology, and our ability to partner on our shared journey to a low carbon future.
Creating a future-ready industry, our technical ingenuity and industry expertise makes Wood the ideal partner for clients across a range of sectors and sustainability challenges. Through the work we do, we offer support to clients that seeks to:
- Engineer solutions for a net-zero future
- Enable a more sustainable, resilient and liveable world
- Create future ready industry
Visit our Insights page to learn more.
Focus on digital and technology
From concept to design and delivery, our digital and technology expertise is structured to develop improvements across the entire asset life cycle, exploring solutions for connected design, connected build and connected operations.
At the design stage, embracing technology and tackling design challenges that enhance performance can deliver efficiencies and reduce cost to deliver sustainable outcomes. At the build-level, enhancing project management and construction support to capitalise on efficiencies created at the design stage to deliver innovative solutions that enable sustainable development. Finally, connected operations help to leverage our automation knowledge. Control systems allow us to operate remotely, gathering and processing data, not just across assets, but across entire infrastructure, connected facilities and networked ecosystems. This allows us to predict and respond accordingly, optimising schedules through machine learning and monitoring equipment to maximise operations and prevent failure.
Additional insight:
- The rise of digital twins
- How to create a roadmap to decarbonising your asset portfolio
- Sustainable recovery
- Energy transition
- Going like the wind
Enabling solutions
At Wood, we aim to be a trusted partner on sustainable innovation, focussing on the digital opportunities in our world today and tomorrow – by setting strategy, building partnerships, and creating effective solutions for our clients and our people through digitalisation.
We target true transformation that delivers lasting value - prioritising investment, increasing competitiveness, developing talent and assuring delivery. We help connect our leaders, employees, and clients to our digital experts and partners, resulting in amplified delivery and real value created for both our business and our investors.
Read more on our efforts to partner on sustainable innovation and the solutions we deliver:
