All promised that 100% of their plastic packaging would be reused, recycled or composted within seven years. Targets will be reviewed every 18 months, and become increasingly ambitious over the coming years. "I look forward to more members of the CGF signing the New Plastics Economy Global Commitment, and to working with them to drive systemic change".
According to The Strait Times, Ellen MacArthur, head of the plastic initiative, was quoted saying that cleaning up plastics from oceans and beaches is vital, but it would not stop the surge of plastic entering oceans each year, hence it is essential to cut the plastic stream from its source. Home to SC Johnson operations for decades, Indonesia has vow up to $ one billion annually to decrease the amount of plastic and other pollution in its waters and endeavours a 70 percent drop in marine waste by 2025. Major packaging producers including Amcor and Mondi, as well as waste management firms like Veolia and SUEZ, have also signed up to the commitment.
Nestlé, Unilever, Danone, The Coca-Cola Company, and Pernod Ricard are among the 250 organisations to have joined the New Plastics Economy Global Commitment. "We want to help recover plastic equal to the amount we put into the world, through innovative recycling and recovery programs".
Apart from manufacturers the list of signatories includes NGOs, financial institutions, and universities.More news: Here's why Twitter might be removing the 'like' button
"As a business we are committed to addressing both the plastic source and waste issues". The company will accelerate its use of recycled materials and expand reuse models for packaging.
UK Secretary of State for the Environment, Michael Gove, also flagged the necessity of a collective response: "Plastic waste is one of the greatest environmental challenges facing the world. As business leaders we need to seize this opportunity to make a positive difference, not only for the world we live in today but for future generations too".
The foundation calculated that how much of this plastic waste is sent to landfill as well as how much vanishes into the environment.
An investigation by Greenpeace's Unearthed published last week also showed how plastic recycling from the United Kingdom and many other western countries has ended up in illegal waste sites in Malaysia as the country has become the world's main destination for plastic waste after China banned most imports of plastic scrap.More news: China allows rhino horn, tiger bone to be traded in 'special cases'
Does it go far enough?
The move was welcomed by environmental campaigners, Friends of the Earth.
Pavan Sukhdev, president of WWF International, added: "The plastics crisis can only be solved with the combined efforts of all key players in the system".More news: Hyundai, Kia Cars Will Offer Solar Roofs After 2019
"The global commitment aims to create "a new normal" for plastic packaging", the foundation said in a statement received by the Jakarta Globe.