Yahoo signed a partnership deal with PCCW, Standard Chartered Hong Kong, and Hong Kong Broadband to promote the uptake of ”green” and secure e-billing in the local market.
Yahoo signed the deal with top Hong Kong firms including PCCW, Standard Chartered Hong Kong and Hong Kong Broadband. One of thegoals of the partnership is to reduce wastage of over 40 million pieces of paper a year conserving about 4,800 trees.
Hong Kong is among the world’s highest consumers of paper. And according to the Environmental Protection Department, an average of 2,016 tons of papers - which equals more than 100 10-meter-tall trees, and about half of the total number of trees at Chater Garden in Centralis thrown away every day by local households and the commercial sector.
What is more alarming is that this amount of paper disposal accounts for over 22% of the total municipal solid waste generated in Hong Kong every day. With the new Yahoo! Mail e-billing Service, it is expected that over 40 million pieces of paper bills, which translate into a conservation of about 4,800 trees2, can be reduced in a year.
Each year, these trees will remove around 120 tons of pollution3 from the global atmosphere, replacing it with life-giving oxygen, and sustaining Hong Kong’s natural environment.