Nearly 30 major global companies have joined together to form an Alliance to End Plastic Waste (AEPW) and have committed over $1.0 billion to develop, deploy and bring to scale solutions to reduce and manage such waste, and to promote post-use solutions. The companies, which span the entire plastics value chain, expect to invest $1.5 billion over the next five years.
The alliance is being chaired by David Taylor, president and CEO of Procter & Gamble (multi-national consumer goods corporation). The Vice President of the AEPW is Bob Patel, CEO of LyondellBasell (one of the largest plastics, chemicals and refining companies in the world).
In addition to Procter & Gamble, AEPW has drawn other big guns from across the value chain. Other founding companies – from throughout North and South America, Europe, Asia, Southeast Asia, Africa, and the Middle East – include BASF, Berry Global, Braskem, Chevron Phillips Chemical Company LLC, Clariant, Covestro, Dow, DSM, ExxonMobil, Formosa Plastics Corporation USA, Henkel, Mitsubishi Chemical Holdings, Mitsui Chemicals, NOVA Chemicals, OxyChem, PolyOne, Reliance Industries, SABIC, Sasol, SUEZ, Shell, SCG Chemicals, Sumitomo Chemical, Total, Veolia, and Versalis (Eni).
The Alliance is a not-for-profit organization that includes companies that make, use, sell, process, collect, and recycle plastics. This includes chemical and plastic manufacturers, consumer goods companies, retailers, converters, and waste management companies, also known as the plastics value chain. The Alliance has been working with the World Business Council for Sustainable Development as a founding strategic partner. The Alliance today also announced an initial set of projects and collaborations that reflect a range of solutions to help end plastic waste:
With participation from chemical and plastic manufacturers, consumer goods companies, retailers, converters, and waste management companies, the alliance membership has representation across the entire plastics value chain. The alliance has also been working with the World Business Council for Sustainable Development as a founding strategic partner
In the months ahead, the Alliance will make additional investments and drive progress in four key areas:
- Infrastructure development to collect and manage waste and increase recycling;
- Innovation to advance and scale new technologies that make recycling and recovering plastics easier and create value from all post-use plastics;
- Education and engagement of governments, businesses, and communities to mobilize action; and,
- Clean up of concentrated areas of plastic waste already in the environment, particularly the major conduits of waste, like rivers, that carry land-based plastic waste to the sea.
The Alliance also announced an initial set of projects and collaborations that reflect a range of solutions to help end plastic waste. Initial projects and collaborations include:
- Partnering with cities to design integrated waste management systems in large urban areas where infrastructure is lacking, especially those along the rivers that transport large amounts of plastic waste from land to the ocean.
- Funding The Incubator Network by Circulate Capital to develop and promote technologies, business models and entrepreneurs that prevent ocean plastic waste and improve waste management and recycling, with the intention of creating a pipeline of projects for investment; the initial focus area will be Southeast Asia.
- Developing an open source, science-based global information project to support waste management projects globally with reliable data collection, metrics, standards, and methodologies to help governments, companies, and investors accelerate actions to stop plastic waste from entering the environment.
- Creating a capacity building collaboration with intergovernmental organizations such as the United Nations to conduct joint workshops and trainings for government officials and community leaders to help identify and pursue the most effective solutions.
- Supporting Renew Oceansto aid localized investment and engagement. The program is designed to capture plastic waste before it reaches the ocean from the ten major rivers shown to carry the vast majority of land-based waste to the ocean. The initial work will support the Renew Ganga project, which has also received support from the National Geographic Society.
The alliance will focus on collaboration and coordinated efforts across the value chain, working on projects focused on near-term progress as well as those that require major investments with longer timelines. “Addressing plastic waste in the environment and developing a circular economy of plastics requires the participation of everyone across the entire value chain and the long term commitment of businesses, governments, and communities. No one country, company or community can solve this on their own,” says Veolia CEO Antoine Frérot, a vice chairman of the Alliance to End Plastic Waste.
Research from the Ocean Conservancy shows that nearly 80 percent of plastic waste in the ocean begins as litter on land, the vast majority of which travels to the sea by rivers. In fact one study estimates that over 90 percent of river borne plastic in the ocean comes from 10 major rivers around the world – eight in Asia, and two in Africa. Sixty percent of plastic waste in the ocean can be sourced to five countries in Southeast Asia.
For more information, please visit www.endplasticwaste.org