Climate issues increasingly present in corporate strategies
On February 14, the Newseria Business portal published an article on climate issues and the increasing integration of this aspect into companies’ business strategies and decisions.
According to UW economist Dr. Malgorzata Starczewska-Krzysztoszek: Companies are ready to make pro-environmental changes and even go a step further ahead of EU and national legislation. This can be seen in the packaging industry, which is already implementing recycling on a large scale and looking to replace plastics. Such activities are increasingly a requirement of a wide range of stakeholders, but the primary driver of change is legislation, primarily at the EU level.
DS Smith’s CEO for Eastern Europe, Reinier Schlatmann emphasizes: We are looking for innovations in many different areas that would allow us to replace increasing amounts of problematic plastic with paper and cardboard packaging. You only have to walk through a supermarket to see how much plastic is still in use. Among other things, we are also looking at how to design packaging in such a way as to reduce its size and weight as much as possible, thereby lowering transportation costs, which in turn translates into a lower environmental burden and carbon emissions.
There is a growing awareness in business that implementing environment- and climate-focused changes is increasingly a requirement of a wide range of stakeholders – investors, shareholders, customers, employees and local communities. However, the primary driver of change is actually legislation, primarily at the EU level. The EU is currently finalizing the shape of the PPWR (Packaging and Packaging Waste Regulation), a regulation designed to help reduce packaging waste and bring member countries closer to implementing a closed-loop economy. The new regulations are expected to be adopted before the end of the parliamentary term. Among other things, they are to introduce requirements for mandatory levels of recycled (recyclate) raw material share in packaging products and increase the amount of reusable and refillable packaging.
You can read the entire article here: https://biznes.newseria.pl/news/kwestie-klimatyczne-coraz,p308821971
