Industry Leaders Address World Demand for Food, Fuel, Fibre, and Forests
The challenge moving forward is meeting the growing demand for resourses while ensuring the world's forests are sustained long-term.
Aug. 29, 2013 - The 25th annual PwC Global Forest & Paper Industry Conference, with the theme of "Delivering value, innovation and growth in a volatile world" brought together 400 CEOs, senior executives, customers, suppliers, financial analysts, government representatives and other stakeholders in Vancouver, Canada on 10 May 2012. Through a series of interconnected presentations and discussions, conference speakers and panelists looked at the macro and micro influences affecting the forest and paper industry, providing insight on everything from geopolitical forces present in the world today, to discussions on sustainability practices and the influence of digitization on paper production.
PwC released an eight-page review of of its conference titled, "Growing the future: Global strategies for sustainable success in the forest, paper and packaging industry." The review begins by stating: "Competition is increasing for the world's limited landbase. As the population grows from seven billion people today to an estimated nine billion by 2050, so to does the demand for what's know as the "4Fs" — food, fuel, fibre, forests.
"The challenge moving forward is meeting the growing demand for resourses while ensuring the world's forests are sustained long-term for biodiversity needs, as well as for the people and businesses that rely on them.
"For the forest, paper and packaging industry the goals are more specific:
To manage forest resources using the smallest environmental footprint possible
To optimize the use of fibre for new and existing products and markets
To operate in a way that delivers an adequate return on capital for its investors
PwC's review is available as a PDF (430k) on the following link: Growing the future: Global strategies for sustainable success in the forest, paper and packaging industry.
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SOURCE: PwC Canada