Week 1 of COP26 is over, with the consensus being that if the ‘blah, blah, blah’ is turned in to action, the effect of climate change will be less bad. But it’s still nowhere near good enough.
So we will take five key developments from week one and see what they mean for suppliers in the print and packaging industry.
The demand for paper products is going up which is having a knock-on effect and directly or indirectly contributing to global deforestation. Using more recycled paper is an obvious solution for the majority of products, but is cost-prohibitive. As corporates are signing up to zero-deforestation and legislation looms, buyers will have to put their hands in their pockets and suppliers need to be ready.
When paper and other materials breaks down in landfill conditions, they release a lot of methane – one of the worst greenhouses gases for climate change. In the last few years, according to Defra, the amount of paper being recycled has reduced in the UK. Everyone in the industry needs to pro-actively stimulate a demand for recycled paper to help to break this linear cycle.
There is finance available for green investment – $ trillions of it. We are calling on everyone in the pulp & paper industry to invest in improved paper recycling. This also means greening up the collection and sortation process.
It is almost certain that coal is used in your supply chain. One simple action is to ask your suppliers if they use coal, and if so tell them to stop – and pass that message down the supply chain.
In the first sign of major legislation from COP26, large companies in certain sectors, including forest products, will be required to publish a credible Net-Zero plan in the next two years. The frameworks are clear and straight-forward.