- The “green economy” surpassed $5 trillion in annual value in 2024 and is projected to top $7 trillion annually by 2030, according to a new report from the Boston Consulting Group and the World Economic Forum.
- The Tuesday report classified the green economy as “commercial solutions with a clear environmental purpose or solutions that are a direct response to environmental challenges,” which included activities focused on mitigation, adaptation and resilience.
- “Recent geopolitical developments, energy security considerations and short-term economic pressures have shifted the conversation on climate action,” the report said, but added that actual investments in sustainable solutions have continued to increase.
- “Recent headlines may suggest that the climate transition is stalling,” Valdre and Hernold wrote. “Yet, overall growth in the green economy has not wavered. On the contrary, investments in green technologies keep jumping from record to record.”
Green economy now worth over $5 trillion annually: report | ESG Dive
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Imperial Communications has joined Two Sides North America, the non-profit organization that promotes and encourages the responsible production, use, and sustainability of print and paper.
“We welcome Imperial Communications to the Two Sides network and look forward to working with them to promote the sustainability of print and paper among their stakeholders,” says Two Sides North America President, Phil Riebel.
“By becoming more resourceful, more respectful and more forward-thinkers we ensure the paper that is used on our customer’s projects is responsibly sourced,” says Joel Salzman, Executive Vice President at Imperial Communications.
Tetra Pak launches its 25th Sustainability Report, which tracks the progress the company has made against its sustainability agenda. It focuses on five interdependent areas: food systems, circularity, climate, nature and social sustainability. Launching on the United Nations’ World Environment Day on 5 June, the company’s Sustainability Report FY233 shows a 20% reduction in value chain4 GHG emissions and a 47% reduction in GHG emissions across its own operations since 2019. The latter puts Tetra Pak on track to meet its target of net zero GHG emissions in its own operations by 20305 and supports the company’s long-term ambition to work together with suppliers, customers and other stakeholders and achieve net-zero GHG emissions across the value chain by 2050.6 Another major milestone saw the launch of an aseptic beverage carton featuring a paper-based barrier, reducing its carbon footprint by a third (33%)7 and bringing the company a step closer to developing the world’s most sustainable food package.8 This world-first was a result of a €100 million investment in packaging research and development in 2023, with the same investment planned annually for the next five to ten years.
There is a threat to the boreal forest in Canada. It’s more dangerous than fire or insect infestation, and it’s more destructive to local communities, First Nations and workers than economic downturns or changing market conditions.
The greatest threat to the Boreal is misinformation promulgated by some environmental activists who don’t believe in inclusiveness and don’t respect the views and interests of those who live and work in the Boreal every day.
The most recent example of activist over-reach came from an American activist group, ForestEthics and their Washington State-based Executive Director, Todd Paglia. Mr. Paglia recently sent Resolute a letter absurdly claiming that they would no longer recognize Resolute as a member of the Canadian Boreal Forest Agreement (CBFA), and implicitly threatened the company with attack campaigns because we would “no longer receive the benefits and protections of the agreement.”