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Nestlé, Unilever among FMCGs backing flexible packaging fund in UK

Nestlé, Unilever among FMCGs backing flexible packaging fund in UK Food majors Unilever, Nestlé, PepsiCo, Mondelēz, and Mars are among the companies supporting a soft plastic recycling fund to help combat plastic pollution. The new fund, described as an ‘industry first’ for the UK, is being spearheaded by recycling company Ecosurety with support from environmental charity Hubbub. In the short-term, the Flexible Plastic Fund’s ambition is to boost flexible plastic recycling in the UK and reduce plastic pollution by giving the material a ‘stable value’. In the long-term, the Fund hopes to ‘drive progress’ towards creating a ‘circular, UK-based flexible plastic recycling market’ that allows flexible plastic recycling via household collections.

Major FMCG Manufacturers Join Forces To Tackle Soft Plastic

27th May 2021 Five of the UK’s largest branded manufacturers – Mars UK, Mondelēz International, Nestlé, PepsiCo and Unilever – have come together to form a £1m fund aimed at making it easier and more viable to recycle the flexible plastic found on many products in supermarkets. The Flexible Plastic Fund is being led by producer compliance scheme, Ecosurety, with support from the environmental charity, Hubbub. In collaboration with manufacturers, retailers and recyclers, the Fund intends to improve flexible plastic recycling and reduce plastic pollution by giving the material a stable value. This will in turn increase the supply of recycled plastic, enabling the industry to become more ‘circular’ and meet the forthcoming UK plastic packaging tax obligations. It is hoped this will generate investment in much-needed infrastructure to make flexible plastic recycling a financially sustainable system.

The Flexible Plastic Fund s establishment could be a big moment in the battle against pollution | Comment & Opinion

The Flexible Plastic Fund s establishment could be a big moment in the battle against pollution | Comment & Opinion
thegrocer.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegrocer.co.uk Daily Mail and Mail on Sunday newspapers.

The Flexible Plastic Fund could be a big moment in the battle against pollution

However, if The Flexible Plastic Fund, backed by the likes of Sainsbury’s, Waitrose, Mars UK, Mondelez International, Nestlé, PepsiCo and Unilever, achieves its goal, it could make it far less likely we will have to witness again scenes like that from last month’s Greenpeace investigation. The launch could not be more timely, with COP26 looming and the industry bracing itself for the impact of a government clampdown on plastic, which will make the industry responsible for the estimated £2.7bn cost of recycling and litter recovery from 2024. Against that sort of daunting figure, which is causing huge ructions in the industry as The Grocer also reports this week, the £1m being put up for grabs by the fund appears on the surface rather paltry.

Government urged to put plastic pollution treaty on G7 summit agenda

Government urged to put plastic pollution treaty on G7 summit agenda
dorsetecho.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dorsetecho.co.uk Daily Mail and Mail on Sunday newspapers.

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