WWF Releases Ecosystem Services Report

The Navigator Company recently inaugurated a new biomass boiler at its Figueira daFoz industrial complex, in an overall investment totalling €55 million. This investment will allow the company to cut its fossil carbon dioxide emissions at this complex by around 150,000 to 200,000 tonnes per year, or 30% of the group’s emissions, in 2021. This investment is part of the decarbonization strategy of the company, who decided in 2019 to meet European targets early and achieve carbon neutrality at all of its industrial complexes by 2035, achieving an 86% reduction in its CO2 emissions by this date. Note that Navigator was the first Portuguese company, and one of the first worldwide, to set such an ambitious goal. Achieving this goal will require a total investment of €154 million, €55 million (around 35%) of which has already been invested to date since Navigator took on the commitment.

Stora Enso remains committed to deliver on its existing 2030 target to reduce absolute Scope 1, 2 and 3 emissions by 50% from the 2019 baseline. This target is aligned with the 1.5-degree scenario and is approved by the Science Based Targets initiative. Stora Enso will continue its decarbonisation journey to improve energy efficiency and to switch from fossil-based energy sources to renewable ones. Stora Enso will further improve its Scope 3 performance by enhancing efficiency and lowering carbon intensity in the value chain, collaborating with its raw material suppliers, logistics suppliers, and customers. Signatories of The Climate Pledge agree to: – Measure and report greenhouse gas emissions on a regular basis. – Implement decarbonisation strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies. – Neutralise any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040.

The latest and exciting NEW issue of The Page, the magazine produced by Two Sides to promote the sustainability and value of print, is now available! In the latest edition of The Page, we gather a number of experts to make their predictions for 2023. We expect the next 12 months will see plenty of opportunities for the print, paper and packaging industries, as well as an increased focus on sustainability. You can also read up on the success of the Love Paper and National Book Tokens competition and the new rules introduced in Europe focussing on Greenwash.