Companies team up to cut plastic waste

mdn

18 January

 

A number of major global companies are coming together to tackle ocean pollution. 28 firms from a range of industries are forming the Alliance to End Plastic Waste, a non-profit organization.

The members include Exxon Mobil, Procter & Gamble and three Japanese chemical companies.

 

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P&G Chief Executive and alliance Chairman David Taylor said: "I invite all companies that touch any part of the value chain and those that are concerned about this to join us. We can make a meaningful difference. This is the start, and together we can end plastic waste in the environment."

The group says it will invest 1.5 billion dollars over the next 5 years to develop the technology and infrastructure needed to recover and recycle plastic waste.

 

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The partnership is the latest move by businesses to tackle plastic pollution. Several major companies, including Disney, have recently announced plans to ban single-use plastic straws.

 

NHK