14 Nov 2022 --- A panel discussion at the UN Climate Change Conference (COP27) on “capturing opportunities in the materials transition” took place last Friday. The speakers discussed the existence and importance of green premiums to accelerate an environmentally sustainable materials transition and the need to form long-term partnerships along the value chain to drive decarbonization and the necessary investments. COP27 is being held in Sharm El-Sheikh, November 6-18, 2022, to decrease the adverse effects of global warming on the planet and its inhabitants. “At COP27, companies have discussed how to overcome obstacles to scaling sustainable packaging solutions, such as improving collaboration across the value chain, creating incentives for sustainability within companies, establishing clear sustainability metrics for companies and the industry, optimizing for circularity, upskilling employees and leaders to enable them to execute,” Michel Van Hoey, senior partner at McKinsey & Company and speaker at the COP27 decarbonization debate, tells PackagingInsights.
