Environmental Paper Assessment Tool Updated BY GREG KISHBAUGH
New Capital Expands With Nilpeter Press
New Capital, based in Egypt, known for its production of blank receipt rolls, has expand- ed its capabilities in labels with the purchase
In the past decades, sustainability has become a critical component of any successful corporate strategy. Organizations worldwide are in- creasingly recognizing the importance of measuring, managing, and reducing their environmental impact. At the forefront of this movement is the Carbon Disclosure Project (CDP), a global non-profit organization that drives companies and governments to reduce their greenhouse gas emissions and safeguard natural resources.
of a refurbished Nilpeter FA-4 flexo press. The company aims to diversify its product range to include high-quality labels for the retail and food and, beverage industries. Meyers Achieves Net Zero Emissions Meyers, a provider of sustainable packaging solutions, has completed its first year achiev- ing net zero emissions for operational car- bon output. Achieving net zero emissions reflects Meyers’ dedication to creating eco-friendly packaging solutions for brands in the beau- ty, wellness, retail, and food and beverage industries. Through initiatives such as re- (Left to right): Thomas Andersen, Phil Hughes, John Hammond, (all Nilpeter), Mr. Mohamed Ra- madan, Pyramid, Turki al Waily and Mr. Ehab El Sayed, New Capital.
The latest version of the Environmental Paper Assessment Tool, EPAT, features the inclusion of CDP as part of the expanded reporting on Corporate Sustainability Initiatives. By adding CDP commitment of suppliers, EPAT now provides buyers of paper and packaging products with deeper insights into the environmental performance of their sup- pliers, specifically in areas related to climate change, water security, and deforestation. Founded in 2000, the CDP serves as a disclosure system for com- panies, cities, states, and regions to manage their environmental im- pacts. It operates on behalf of more than 800 institutional investors, representing $100 trillion in assets. The CDP provides a standardized platform for reporting environmental data, focusing on three primary areas: climate change, water security, and deforestation. Transparency is a cornerstone of effective sustainability practic- es. By disclosing environmental data through the CDP, organizations demonstrate accountability and commitment to environmental stew- ardship. This transparency not only builds trust with stakeholders but also provides insights for investors, enabling them to make informed decisions based on a company’s environmental performance and risks.
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January 6, 2025
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