Environmental Aspects in Production in the Context of Industry 5.0

Alexandra BIELA

https://doi.org/10.53465/EDAMBA.2022.9788022550420.64-73

 

Abstract: The paper is focused on comparing the elements of the industrial revolution Industry 4.0 and Industry 5.0. It mainly focuses on one of the elements of Industry 5.0, namely sustainability, or environmental protection using the elements and technologies of the fourth industrial revolution. The main goal is a theoretical analysis of the concept of Industry 5.0 in comparison with the elements of the fourth industrial revolution with a focus on environmental aspects in production. Based on the theoretical analysis, we selected two environmental aspects of production for research, the level of implementation of which we compared between the V4 countries. One aspect was the production rate of zero-emission vehicles and the second aspect was the level of waste production. As a result of the research, we found that Hungary, as one of the V4 countries, achieves the best results in both selected environmental aspects based on data from the EU Statistical Office. Based on the theoretical analysis, we also found that the new concept of the industrial revolution Industry 5.0 complements the elements of Industry 4.0 and thus there is a certain synergy between the machine, man and nature. Therefore, the new concept of Industry 5.0 is important for future studies, especially from the point of view of increasing awareness of environmental protection.

Keywords: Industry 5.0, environmental aspects, sustainability

JEL classification: O32, Q55

Fulltext: PDF

Online publication date: 3 March 2023

ISBN: 978-80-225-5042-0

Publisher: University of Economics in Bratislava

Pages: 64-73

 

To cite this proceedings paper (STN ISO 690 and 690-2): 

BIELA, A. 2023. Environmental aspects in production in the context of industry 5.0. In LÜLEYOVÁ, A. (ed.). EDAMBA 2022: Conference Proceedings. Bratislava: University of Economics in Bratislava, 2023. ISBN 978-80-225-5042-0, pp. 64-73.

https://doi.org/10.53465/EDAMBA.2022.9788022550420.64-73