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Spotlight: Integrating Renewable Solutions Into International Paper's Business Model

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International Paper Company aims to enhance sustainability by integrating renewable solutions into its operations. The company is committed to advancing circular solutions across its value chain, focusing on developing fiber-based products that are reusable, recyclable, or compostable. Collaborating with stakeholders, International Paper seeks innovative ways to replace plastic and minimize environmental impacts. Recent initiatives include a two-part event in September 2021, where over 100 employees brainstormed strategies to promote a circular economy. The company generated over 100 ideas to reduce greenhouse gas emissions, improve end-of-life solutions, and decrease raw material consumption.

Positive
  • Commitment to developing 100% reusable, recyclable, or compostable products.
  • Collaboration with over 100 employees to brainstorm sustainable solutions.
  • Focus on reducing greenhouse gas emissions and lifecycle impacts.
Negative
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NORTHAMPTON, MA / ACCESSWIRE / February 21, 2023 / International Paper Company:

Integrating Renewable Solutions into our business model and every day operations is critical to our success. We are committed to advancing circular solutions across our value chain and developing innovative, sustainable fiber-based products that are 100% reusable, recyclable or compostable.

We know our customers want products that contribute to a more sustainable, low-carbon future, including fiber-based alternatives to carbon-intensive products. Our products can offer a more sustainable alternative, and opportunities to advance a circular, low-carbon economy abound across every aspect of our value chain.

We recognize that to best discover and leverage these opportunities, we need to collaborate with customers, suppliers and each other to build circular processes into the work we do every day. And so we are.

Our Global Cellulose Fiber team led a two-part event in September 2021 to introduce the concepts of a circular economy, align them with our cellulose fiber business and brainstorm to discover more ways to contribute to the circular economy and provide renewable solutions for our customers. We engaged more than 100 employees from our innovation, technology, marketing, Customer Technical Service and sustainability teams in the sessions, surfacing 100+ innovative concepts that we are testing for feasibility and that focus on:

  • Replacing plastic and petroleum-based materials for absorbent and specialty product groups
  • Reducing lifecycle impacts including GHG emissions, waste and water use,
  • Improving end of life solutions, through compostability and recyclability, and
  • Allowing for less raw material consumption overall

About International Paper
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2021 were $19.4 billion. Additional information can be found by visiting internationalpaper.com.

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International Paper Company, Tuesday, February 21, 2023, Press release picture


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Contact Info:

Spokesperson: International Paper Company
Website: https://www.3blmedia.com/profiles/international-paper-company
Email: info@3blmedia.com

SOURCE: International Paper Company



View source version on accesswire.com:
https://www.accesswire.com/740136/Spotlight-Integrating-Renewable-Solutions-Into-International-Papers-Business-Model

FAQ

What is International Paper's commitment to sustainability as of February 2023?

International Paper is focused on integrating renewable solutions into its operations, emphasizing the development of sustainable, fiber-based products that are 100% reusable, recyclable, or compostable.

How does International Paper plan to promote a circular economy?

The company plans to promote a circular economy through collaboration with customers and suppliers, generating innovative concepts to replace plastic and reduce lifecycle impacts.

What innovative strategies were introduced by International Paper's Global Cellulose Fiber team?

The team introduced strategies to reduce greenhouse gas emissions, waste, and water usage while improving end-of-life solutions for their products.

What was the financial performance of International Paper in 2021?

International Paper reported net sales of $19.4 billion in 2021.

Where is International Paper headquartered?

International Paper is headquartered in Memphis, Tennessee.

International Paper Co.

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20.12B
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Packaging & Containers
Paper Mills
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United States of America
MEMPHIS