Take a moment and look around. You'll see a lot of paper in every nook and corner. Have you ever wondered what this over-reliance on paper is costing? We have compiled a few interesting statistics and facts that will surprise you-

2021 Numbers

• 342,000,000 tons of paper produced in 2021
• 22,792,000 hectares of forest were cut down this year alone. 40% of this is for paper production
• 3,471,305,687,000 tons of freshwater consumed this year alone for various industrial purposes. A significant part of this is used for paper production

Overall Numbers

• An estimated 28 million hectares of forest are lost each year
• If the current rate of deforestation continues, it will take approximately 78 years to destroy all rainforests on earth!
• Loss of forests contributes between 12 - 17% of annual global greenhouse gas emissions
• An A4 paper requires 10 liters of water per sheet
• Paper makes up 26% of landfills. Degradation produces methane, a greenhouse gas with 23 times the heat trapping capacity of carbon dioxide. Burning produces harmful carbon dioxide
• Paper is one of the largest sources of industrial greenhouse gas emissions
• Pulp and paper mills are polluting water resources across the globe. They release large quantities of harmful nutrients, solids and dissolved matter like lignin, along with alcohol or inorganic materials such as chlorates - all of which are adversely affecting water bodies

Conclusion

Go green, embrace digital transformation and save the planet. In the process, become 23% more profitable, 64% better inclined to achieve your business goals than compared to your peers, and witness a 20-30% increase in customer satisfaction. This is because, as per recent research-

• Digitally mature companies are 23% more profitable than their less mature peers
• Digital-first companies are 64% more likely to achieve their business goals than their peers
• Digital transformation and a focus on customer experience can generate a 20-30% increase in customer satisfaction and economic gains of 20-50%.
  
  Think Digital! Think emSigner.
  
  Read More about how emSigner can help you with the paperless journey.