The paper and wood products industry uses renewable and recyclable resources to manufacture products that makes people’s lives better. Printing-writing papers, paper-based packaging, pulp, tissue and wood products play significant roles in everyday life by meeting needs for information, product protection, hygiene, housing and more. The manufacture of our industry’s products is customer and market driven. As the global population grows and impacts production and consumption, increasing circularity in our economy would build resilience, generate new business opportunities and provide economic, environmental and social benefits. The paper and wood products industry’s efforts to promote sustainable forest management, do more with less in the manufacturing process and recover products for recycling form the foundation of our contributions to the circular economy.
HH Global is committed to being the first-choice, global, tech-enabled creative production and procurement partner to brands seeking stronger, more sustainable growth. Therefore, it is important that we are continually assessing and improving our ESG targets and framework, aligned to UN Sustainable Development Goals.
We are updating our current carbon reduction targets to harmonize with the new science-based net-zero standard set out at the United Nations Climate Change Conference (COP26). The new standard is aligned with the science of the Paris Climate Change Agreement, which aims to limit global warming to 1.5C.
During COP26 in Glasgow last year, a new standard for net-zero was introduced – prior to this there was no agreed standard. Many companies planned to achieve net-zero through ‘carbon offsets’, which are credits generated by projects reducing carbon emissions elsewhere. However, many existing carbon offsets are of inadequate quality and hard to verify, with some even increasing global emissions. The new net-zero standard allows less room for companies to cut corners – HH Global plans to lead by example.
This new standard is requested by both clients and investors, such as Coca-Cola Europacific Partners, Unilever and Blackstone. Having an approved target will ensure that we have a credible science-based carbon reduction pathway and further maintains our position as leaders in sustainable impact and accountability.
more at: https://www.hhglobal.com/news/announcing-our-new-net-zero-targets