Ecostore joins commitment to eliminate plastic pollution at the source

Major companies responsible for a FIFTH of the world's plastic packaging pledge to end waste

Major companies responsible for a FIFTH of the world's plastic packaging pledge to end waste

The Foundation and United Nations Environment now aim to take this momentum to the next level by launching the New Plastics Economy Global Commitment.

Through the Global Commitment, Mondi has said it will boost the use of recycled content in its products to ensure a minimum of 25 per cent of post-consumer waste is incorporated across all its plastic packaging by 2025.

Dame Ellen MacArthur, founder of the Ellen MacArthur Foundation, stressed that while plastic clean up initiatives are now needed to protect the oceans, it is also vital to stop plastic pollution at "source".

Commenting on signing this document, the Vice-chancellor, Professor John G Hughes said: "As the VC of a University that's committed to Sustainability I'm delighted at the opportunity to endorse this latest campaign to eliminate plastic pollution at source and to promote a circular economy approach to production and consumption".

The New Plastics Economy Global Commitment was designed based on findings that more than 8.3 billion tons of plastic have been produced since the early 1950s.

The commitments came during the 2018 Our Ocean Conference, held in Bali, Indonesia, and included pledges that by 2025, 100 percent of plastic packaging be reusable, compostable or recyclable, as well as moving away from "problematic" packaging and using significantly more recycled plastic in packaging. There will be full transparency, with signatories required to report annually and publicly on the progress made toward reaching their targets. Researchers calculate that if current trends continue, there could be more plastic than fish in the world's seas by 2050.

The pledge is part of a larger goal to curb plastic waste pollution, which has become a unsafe concern. We agree, it is essential that businesses step up as leaders in this space and drive change.

Hundreds of big brands have said they will work to get rid of single-use plastic and other unnecessary plastic waste from their operations.

The Ellen MacArthur Foundation started its research on plastic pollution four years ago.

Investors and financial institutions signaled their support: More than 15 financial institutions with over US$2.5trn in assets under management endorsed the Global Commitment. "It is inspiring to be part of this transition to a circular plastic economy".

Pernod Ricard's chairman & CEO, Alexandre Ricard, said the problem of plastic pollution wasn't "a new one, but it feels that we have now reached a tipping point".

By signing the New Plastics Economy Global Commitment, UPM Raflatac wants to demonstrate its commitment to "labeling a smarter future" beyond fossils.

Plastic Bank, which now has a successful proof-of-concept program running in Haiti uses a custom cryptocurrency solution running on IBM's Hyperledger Fabric protocol to interface between plastics buyers and individual plastic waste collectors, providing a reliable way to reward individual recyclers for collecting ocean-bound waste plastic. Also, Danone's evian brand has 100 percent recyclable bottles, and it is also piloting an innovation to eliminate nonrecyclable shrink film for multipacks by using specially designed adhesive and tape handles.

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