The New Plastics Economy Global Commitment Foundation, led by the Ellen MacArthur Foundation in collaboration with the UN Environment Program, is working towards a plastics circular economy with zero plastic waste.
Over 450 partner companies have signed up for the program including Apple, Walmart, PepsiCo, Nestle, The Coca-Cola Company, Danone, Mondelez, Mars, Unilever, Johnson and Johnson and SC Johnson - representing 20% of global plastic packaging, with the end goal of 100% reusable, recyclable or compostable plastic packaging by the year 2025. Governments, NGOs, universities, industry associations, and investors, are also represented in the partner companies.
See: Sustainable Package Reformatting on the Rise
According to PMMI Business Intelligence’s new report “Packaging Sustainability: A Changing Landscape,” there are three actions that member companies are taking to achieve these goals:
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