3.2. A circular material: what matters to know about paper In public debate, paper is often associated with resource consumption, deforestation and high environmental impacts. In reality, today the paper value chain represents one of the most virtuous examples of a circular bioeconomy in Europe. Understanding these dynamics is essential for our stakeholders — customers, partners and local communities — as it explains why PRT continues to invest in certified, sustainable and high-quality paper solutions. Paper is made from wood, a renewable natural resource that absorbs CO₂ during tree growth. It is biodegradable, recyclable multiple times and regenerative, making it a cornerstone of Europe’s circular bioeconomy. Over the past two decades, the paper industry has drastically reduced its environmental impact: • –42% CO₂ emissions per tonne produced, • achieved through more efficient technologies, high-efficiency cogeneration and an increasing share of renewable energy. Within this context, PRT’s commitment is fully aligned with sectoral progress. The Group works to reduce consumption, improve process efficiency and integrate decarbonisation into its strategy through the new Climate Strategy, which guides investments and future targets. Over the past 30 years, European forests have expanded by 9%, equivalent to around 1,500 football pitches per day. This result has been achieved thanks to sustainable forest management systems such as FSC® and PEFC, the same certifications applied to 96% of the paper purchased by PRT. A responsible supply chain enables continuous forest regeneration while safeguarding biodiversity and local ecosystems. Paper does not destroy forests: it helps them grow. Paper is part of the circular bioeconomy and has significantly reduced its carbon footprint. Page 34 Executive Summary 2024
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