Sidewalk Labs released its Master Innovation and Development Plan (MIDP) for Toronto’s eastern waterfront yesterday. Entitled “Toronto Tomorrow”, the plan is expected to create significant Canadian jobs, tax revenues and GDP contributions. Derek Nighbor, President and CEO of Forest Products Association of Canada (FPAC) issued the following statement today in response to the MIDP: “The Toronto Tomorrow proposal prominently features the use of wood from Canada’s sustainably managed forests as a cornerstone of its project – including a plan to build with mass timber, to use wood to build affordable and below market housing for Torontonians, and to invest $80 million in mass timber manufacturing. In Canada and around the world, wood is experiencing a resurgence as a building material of choice because it is environmentally friendly as well as beautiful, durable, and high performing. This project is a great way to address a number of community needs in Toronto, while providing a boost to our rural and northern forestry communities. We could not be more excited to see this visionary project taking root in Toronto for millions to see and experience.”
Asia Pulp & Paper releases survey results about sustainable and safe paper usage in Hong Kong Promoting industry collaboration to offer eco-products.
Gold East Trading (Hong Kong) Company Limited, a subsidiary of Asia Pulp & Paper (APP), today announced the results of the “Sustainable and Safe Paper Usage in Hong Kong” survey which revealed that nearly 70 per cent of Hong Kong consumers are willing to pay an additional 5 per cent or more to purchase paper products from sustainable sources.
Additionally, more than 70 per cent of respondents prefer to visit restaurants which use safe food packaging.
The survey of 1,037 people completed in the third quarter of 2016 by the Hong Kong Polytechnic University’s Centre for Social Policy Studies, concludes that sustainability and safety are as important for Hong Kong consumers when they purchase paper products or consume food packaging.
APP believes that this creates an opportunity for suppliers to differentiate their brands and products if they introduce safer and more environmentally friendly products.
When purchasing paper products, 67 per cent of consumers consider whether the products are sustainable and have environmental certifications.
However, around 90 per cent of respondents have not heard of the main forest certification systems including FSC (Forest Stewardship Council) and PEFC (Programme for the Endorsement of Forest Certification).
These two organisations together account for some 98 per cent of the world’s certified forests and chain of custody certificates. In fact, Hong Kong consumers realised they need to acquire knowledge about sustainable paper products, and 93 per cent of respondents agreed that more education on how to distinguish sustainable paper products is needed.
“It’s good news for the environment and for paper product producers that Hong Kong consumers prefer to purchase products with sustainable and environmental friendly packaging. And that they are willing to pay a premium for sustainable packaging,” said Thomas Yu, Head of Gold East Trading (Hong Kong) Company Limited.
“If paper product producers and suppliers are able to capture the opportunity and improve their product packaging, not only can they play a part in saving the environment, but also improve the corporate image and increase the trust of consumers in the brands.