Coca-Cola abandoned its recycling and emissions targets👀 (for the 5th time) As one of the world's largest plastic producer. Big companies are stealthily shifting their goals to 2050. Now, more than ever we need to support the change you want to see in the world. → Prefer pre-loved. → Maintain, repair, and look after the products you own. → Review your consumption habits and favour durable, timeless brands with transparent supply chains. See more in the video👇
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Plastic waste contributes to greenhouse gas emissions, and strategies to reduce, reuse, and recycle plastic materials play a crucial role in mitigating its impact. Here are some relevant findings: Recycling: Recycling plastic waste can significantly reduce emissions. For instance, advanced recycling of post-use plastic (PUP) instead of fossil-based production can lower greenhouse gas emissions1. Carbon Capture: Researchers have discovered that heating plastic waste with potassium acetate creates particles that can absorb carbon dioxide. This method could be up to eight times cheaper than current CO2 removal methods from natural gas feeds2. Global Impact: Plastics are responsible for approximately 3.3% of global emissions, considering the entire supply chain3. Circular Economy: Implementing circular strategies, such as closing the carbon cycle, can further reduce emissions. For example, converting plastic waste to fuels (like solid recovered fuel) can prevent carbon from entering the atmosphere4. While plastic recycling efforts are essential, challenges remain in achieving efficient recycling systems. The goal is to maximize the reuse of plastic materials and minimize their environmental impact. 🌍🔄🔍4123.
Circularity is a very important part of helping to create a more sustainable planet and it needs scaled investment to address the size and complexity of the challenges around the collection, sortation, and transformation of packaging materials. It’s what led the PepsiCo Foundation to become a founding investor in Circulate Capital in 2018. Six years on and I’m proud of the progress this pioneering fund has made to scale circular solutions and reduce plastic pollution in South and Southeast Asia. Discover more about Circulate Capital’s efforts and future plans in the organization’s latest annual report: https://lnkd.in/gSKj9NjP
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The Coca-Cola Company is scaling back its packaging sustainability goals, igniting outrage from environmental activists. The beverage company, which has long been criticized for being one of the world’s top producers of plastic pollutants, changed its “voluntary environmental goals” this week. It now aims to use 35% to 40% recycled material in its packaging by 2035 — a drastic reduction from its previous goal of 50% by 2030. What do we make of announcements like these?? Is this simply a matter of a coming back down to reality, realizing that these lofty commitments will require much more investment and time than originally thought? Is it a function of supply chains being incredibly intertwined and complex? Or is it more due to companies needing to actually focus on preserving cash flow and investor confidence? This is not necessarily something to be outraged at, but simply an observation that shooting for the moon and landing in the stars may be a more realistic expectation for sustainability goals. Some will see this and think they are abandoning efforts to decarbonize or work towards more sustainable operations, but that's not the case. It is simply a state of today's energy and materials ecosystem. We are not where we thought we would be, so let's continue linking arms rather than playing tug o war and work towards economic solutions. #economics #energy #plastics #materials #sustainability #goals #netzero #corporate #cashflow #business Article ---> https://lnkd.in/geuyBNnP
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Rant for the day: Companies that produce a product that is packaged in plastic should be required to have real recycling solutions with real goals to achieve 100% recycling within a very short period of time. Additionally, there should be penalties for not achieving circularity goals. An estimated 353 million metric tons of plastic waste were generated worldwide in 2019. While 55 million metric tons of this total were collected for recycling, just nine percent, or 33 million metric tons, were recycled. Almost half of global plastic waste was landfilled that year, while 82 million metric tons were mismanaged and littered. Mismanaged plastic waste typically leaks into rivers, oceans, and other waterways, devastating marine life and ecosystems. 353M tons of plastic is approximately 23 lbs of plastic per person created every single year. The average person globally weighs 136 lbs and has an average life span of 70 years. This means in a persons life span we create over 11.6 times the persons weight in plastic. The person is here for 70 years and will decompose when they are gone. The plastic will remain for hundreds of years and unfortunately make a larger impact on the planet than the average person and not in a good way. #zerowaste #wasteconversion #plasticrecycling #netzero #circulareconomy https://lnkd.in/geUtaS9E
Senior Staff Development Geologist - EOR | Operations & Commercial Leader | Oil & Gas | CCUS | Geothermal Champion | Entrepreneur | Non-Profit |
The Coca-Cola Company is scaling back its packaging sustainability goals, igniting outrage from environmental activists. The beverage company, which has long been criticized for being one of the world’s top producers of plastic pollutants, changed its “voluntary environmental goals” this week. It now aims to use 35% to 40% recycled material in its packaging by 2035 — a drastic reduction from its previous goal of 50% by 2030. What do we make of announcements like these?? Is this simply a matter of a coming back down to reality, realizing that these lofty commitments will require much more investment and time than originally thought? Is it a function of supply chains being incredibly intertwined and complex? Or is it more due to companies needing to actually focus on preserving cash flow and investor confidence? This is not necessarily something to be outraged at, but simply an observation that shooting for the moon and landing in the stars may be a more realistic expectation for sustainability goals. Some will see this and think they are abandoning efforts to decarbonize or work towards more sustainable operations, but that's not the case. It is simply a state of today's energy and materials ecosystem. We are not where we thought we would be, so let's continue linking arms rather than playing tug o war and work towards economic solutions. #economics #energy #plastics #materials #sustainability #goals #netzero #corporate #cashflow #business Article ---> https://lnkd.in/geuyBNnP
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📝 Check out our latest blog post, "Pallet Recycling and You: How Selling Your Broken Pallets to APM Can Generate Revenue" 💸 ♻️ A cost-effective and eco-conscious solution for your broken pallets is only a click away. Find out how to tap into this unearthed earning potential and read now to join our sustainability journey 🌟 👉https://bit.ly/49VDikO
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The clock is ticking for CPG brands working to meet the 2025 goals of the Ellen MacArthur Foundation's New Plastics Economy Global Commitment. 📦🌍 As companies revisit their recyclability, postconsumer content, and virgin plastic reduction targets, Lux’s latest blog sheds light on the factors driving these revised goals and the industry’s cautious approach moving forward. From shifts in packaging circularity and investments in recycling infrastructure to exploring innovative materials, our analysis explores what’s ahead for brands as they align with these critical commitments: https://lux.works/3Z1i9Cb
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Our consumption of plastic has drastically surpassed our ability to manage its impact, with over 14 million tons dumped into our ocean each year. Addressing this issue is not just about individual actions; it's about working together toward collective action. Together, we can drive meaningful change. Learn more about how we all can work toward a more sustainable future together. ➡️ https://lnkd.in/gBEWvRbk
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In his recent op-ed in Fortune, Dow Chair and CEO Jim Fitterling addresses the challenges of tackling plastic waste and shares the Company's support of a global plastics pollution agreement. We need the agreement to drive innovation, promote environmentally sound recycling, and build an inclusive financial model to enable a circular ecosystem. Read the full op-ed here: https://dow.inc/4aWrGO5
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Don't miss PLASTICS' VP of Sustainability, Patrick Krieger,'s presentation tomorrow, November 3, at PackExpo! He'll be on the Industry Speaks Stage (N-4544) from 12:30 - 1:00 pm discussing Plastics Sustainability Through Collaboration. What'll be covered: The packaging industry is evolving rapidly to respond to internal and external pressures to develop solutions that are more circular and sustainable. This session will discuss how the plastic packaging value chain is coming together to promote innovative products and programs that address industry needs. Learn how PLASTICS is leading on developing recycling end markets, creating new educational and advocacy programs to improve flexibles and film recycling, and aiding companies to be the first step in eliminating plastic in the environment by preventing resin loss.
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In his recent op-ed in Fortune, Dow Chair and CEO Jim Fitterling addresses the challenges of tackling plastic waste and shares the Company's support of a global plastics pollution agreement. We need the agreement to drive innovation, promote environmentally sound recycling, and build an inclusive financial model to enable a circular ecosystem. Read the full op-ed here: https://dow.inc/4aWrGO5
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In his recent op-ed in Fortune, Dow Chair and CEO Jim Fitterling addresses the challenges of tackling plastic waste and shares the Company's support of a global plastics pollution agreement. We need the agreement to drive innovation, promote environmentally sound recycling, and build an inclusive financial model to enable a circular ecosystem. Read the full op-ed here: https://dow.inc/4aWrGO5
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