target audience: TECH BUYER Publication date: Feb 2024 - Document type: IDC Perspective - Doc Document number: # AP51822424
Preserving Paper: How ITC’s Paperboards and Specialty Papers Division Leverages Technology to Operationalize ESG in the Paper Industry
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Abstract
This IDC Perspective discusses how ITC’s Paperboards and Specialty Papers Division (PSPD) leveraged technology to operationalize environmental, social, and governance (ESG) in the paper industry. It highlights the company’s sustainability initiatives, including the use of digital solutions, such as Internet of Things (IoT)-based SMART Irrigation Technology, mobile apps for farmers, AI-powered IoT software-as-a-service (SaaS) platforms, and automated mist chambers. These technologies have helped PSPD address environmental, social, and economic concerns, improve supply chain efficiency, and enhance farming techniques, thereby contributing to the company’s sustainability goals.
“Digital technology alone cannot create trees, but it can definitely make possible the sustainable production from trees and sustainable consumption of trees that, in the end, ensures that current and future generations can continue to benefit from what nature can give us for a long time,” says Melvie Espejo, research director, IDC Asia/Pacific Sustainable Strategies and Technologies.