China's plastics companies could cut their greenhouse gas emissions by about 20 percent with a relatively small investment, under an initiative to help clean up South China's heavily polluted Pearl River Delta region.
The Low Carbon Manufacturing Programme, developed by the World Wildlife Fund environmental group, targets plastics, electronics and textile companies. The program aims to entice companies to clean up voluntarily by showing them how to use energy efficiency and pollution reduction to save money and improve operations.
It also holds out another sweetener: the possibility of getting more green credibility with consumers and multinational firms looking for suppliers with proven, solid environmental track records.
A pilot version with three Hong Kong-based companies included one plastics injection molder. The pilot program saw the companies realize average emissions cuts of 12-24 percent, with a return on investment of three years or less, said Karen Ho, WWF's Hong Kong business engagement leader, in an Oct. 29 interview at the Eco Expo Asia trade show in Hong Kong.
WWF, which is a worldwide organization, developed the program in its Hong Kong office.
WWF has only just started the effort, and it's not clear how many companies in the PRD region ultimately will participate.
But the group estimates that if most of the roughly 55,000 Hong Kong-owned factories in the PRD adopt it, the region could cut 163 billion pounds of carbon-dioxide emissions each year.
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