Dow CEO Jim Fitterling leads ICIS Top 40 Power Players icis.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from icis.com Daily Mail and Mail on Sunday newspapers.
IBM to launch new data platform to map plastics waste
IBM has partnered with the Alliance to End Plastic Waste (AEPW) on a new data platform to help track plastic waste and recovery globally.
The Plastics Recovery Insight and Steering Model (PRISM) will act as a single data collection point for corporates and NGOs to access data that will inform waste management decisions
The AEPW launched in January 2019 and was backed by 50 companies representing chemical and plastic manufacturers, consumer goods firms, retailers and manufacturers across the plastics value chain. These included Procter & Gamble (P&G), Veolia and ExxonMobil that jointly committed more than $1bn to fund solutions that minimise the amount of plastic in the environment by utilising closed-loop solutions.
LyondellBasell joins the United Nations Global Compact thomasnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thomasnet.com Daily Mail and Mail on Sunday newspapers.
Senate unveils global ocean plastics fund
Sen. Lindsey Graham, R-S.C.
A bipartisan group of senators, including the sponsors of the Save Our Seas acts, unveiled new legislation Dec. 16 that would have the U.S. government set up a global fund to combat marine plastics pollution.
The bill calls for relatively modest initial funding of $300 million over two years and would direct the U.S. government to seek contributions from other nations for a trust fund, which would be managed by a board of representatives of countries providing financial support. This is a major step forward for the United States. We re going to lead the way with a global fund to aggressively deal with plastics in our oceans, said Sen. Lindsey Graham, R-S.C., one of the sponsors, along with Sens. Chris Coons, D-Del., Sheldon Whitehouse, D-R.I., and Dan Sullivan, R-Alaska.
Michelle Mooney investigates.
In September Amazon, the world’s largest e-commerce business, launched a waste reduction initiative to limit excess packaging and make sustainably manufactured products more easily accessible. As part of its ‘Climate Pledge Friendly’ initiative, various grocery, household, fashion, beauty, and personal electronics products, as well as items from a range of other categories, will be clearly labelled as sustainable in search results.
As part of the Climate Pledge Friendly initiative, Amazon is also starting its ‘Compact by Design’ programme, which identifies products that have a more efficient design. This includes the removal of excess air for products that require less packaging, making it more efficient to ship.