SIG Kangmei Bao Deeply Participates In The United Nations Environment Programme Financial Initiative Sustainable Finance Asia Pacific Regional Roundtable

The 5th Asia Pacific Regional Roundtable on Sustainable Finance (RRT), initiated by the United Nations Environment Programme Financial Initiative (UNEP FI), was held in Suzhou from June 19th to June 20th. The conference brought together financial practitioners, policy makers, and industry leaders to explore and promote sustainable finance issues in the Asia Pacific region, focusing on core topics such as climate mitigation and adaptation, nature friendly finance, fair and inclusive finance, sustainable policies and regulation, real economy transformation, carbon trading and carbon finance.
On the afternoon of June 20th, Ms. Lu Lu, President and General Manager of SIG Kangmei Bao Asia Pacific, was invited as a special guest to participate in the RRT themed conference on "Circular Economy and Its Interrelationship with Climate, Nature, and Pollution", discussing the issues of circular economy and sustainable development, and conducting in-depth communication on relevant suggestions for circular economy business models and value chains.

During the meeting, Ms. Lu Lu had a deep exchange with Ms. Nirnita Talukdar, an official from UNEP FI Asia Pacific, on the progress of SIG Kangmei Bao in the field of sustainability. Both sides are committed to better telling the story of the Asian region and promoting local sustainable development.

Ms. Lu Lu shared SIG's circular practices in sustainable design from the source, building closed-loop recycling systems, low-carbon manufacturing, and energy transformation, using 100% FSC in the production process ™ Certified low-carbon renewable cardboard, construction of recycling network, procurement of 100% renewable electricity, etc.

As a pioneer in circular innovation in the packaging industry, SIG is committed to achieving value chain circulation and writing its own story in responsible procurement, innovative research and development, sustainable forest management, and other areas.
In terms of procurement, 100% sustainable procurement is required, and all suppliers must provide FSC certified cardboard, ASI certified aluminum foil, and ISCC certified PE materials; SIG has created the "Resilience Index" to evaluate the innovation capability of suppliers in the face of resource scarcity, ensuring flexibility even in changing environmental conditions.
In addition, SIG has partnered with WWF to launch forest projects in Mexico, Malaysia, and Thailand, committing to creating, restoring, protecting, or improving the management of 650000 hectares of forests by 2030; At the same time, SIG collaborates with local partners in Thailand to create a public welfare project, using SIG's own filling technology to process excess fruits into food and distribute it to beneficiaries for free, while recycling packaging paper boxes, avoiding food waste and achieving packaging recycling.