Brand interest in reuse rising, but it still accounts for less than 2% of plastic packaging market
By Karine Vann | 11/20/20 | Waste Dive
While this year’s Global Commitment 2020 Progress Report from the Ellen MacArthur Foundation reveals rising interest in companies moving from single-use packaging toward reuse models, this approach is still a small part of circular economy initiatives.
The goal of the New Plastics Economy Global Commitment update, now in its second year, is to assess how the 118 companies and 17 governments that have made pledges to to reduce waste from plastic packaging by 2025 are faring on their targets. Consumer brands that have signed onto the project include large brands that collectively make up 20% of the plastic packaging market.
While some key indicators in the report saw progress made in the 2018-2019 timeframe, notably in the increased use of recycled content, it was clear that not all areas (and not all companies) are progressing in tandem. For the category of reuse, 56% of signatories in the production, packaged goods and retail sectors reported that implementation of reuse pilots was either underway or soon to come. This was up 43% from the previous reporting year. Read more >>