250 organisations including major food and beverage companies, governments and packaging manufacturers have signed The New Plastics Economy Global Commitment, led by the United Nations and the Ellen MacArthur Foundation, which aims to tackle rising plastic waste levels. The New Plastics Economy Global Commitment, signed by packaging manufacturers, retailers and recyclers representing 20 percent of all plastic packaging produced worldwide, officially kicked off October 29 at a conference in Bali.
The 250 companies, businesses, and governments that signed on to the "New Plastics Economy Global Commitment" pledged to eliminate plastic when it's problematic or unnecessary, and in some cases, switch to reusable packaging.
New Zealand revealed this week that it signed the New Plastics Economy Global Commitment declaration in an effort to work with worldwide partners to cut down on plastics and become a "circular economy".
The signatories, which also include the governments of the UK, France and Scotland, pledge to eliminate problematic or unnecessary plastic packaging and move from single-use to reuseable packaging instead. Targets will be reviewed every 18 months and will become increasingly ambitious over the coming years.
Businesses will publish annual data on their progress. Ecostore is committed to working towards an ambitious set of targets in the fight to beat plastics pollution. Researchers calculate that if current trends continue, there could be more plastic than fish in the world's seas by 2050. But plastic should never become a waste product, it should retain its economic value.
Sealed Air Corporation also announced a plastics pledge today, saying it will "design and advance their innovative packaging solutions to be 100% recyclable or reusable by 2025".
This is just one step on what will be a challenging journey, but one that can lead to huge benefits for society, the economy and the environment. We agree, it is essential that businesses step up as leaders in this space and drive change. More than 99 percent of these plastics are produced using chemicals from oil, natural gas, and goal which are non-renewable. "It is inspiring to be part of this transition to a circular plastic economy".
Nestlé, Coca-Cola, Unilever, PepsiCo and Pernod Ricard are among 274 signatories of a new global initiative to clamp down on plastic pollution. We would like to invite our clients, brands, and other stakeholders to work with us to make the plastics economy truly circular'.
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