The Amazon Basin faces widespread plastic pollution, mostly microplastics found in Brazil, while nanoplastics remain unstudied.
ESG news
Coca-Cola's 2024 update states 99% of its primary consumer packaging is recyclable, up from 90% in 2022 and 2023.
Singapore launches first plastic passport with digital IDs to track and reuse polymers, aiming to cut waste and add value.
Japanese chemical giants are merging their plastics operations to strengthen competitiveness in the face of declining demand and oversupply.
IKEA’s Ingka has committed growth capital to Re-mall, a Chinese recycler focused on post-consumer packaging waste.
Petco has started issuing grants from its Empowerment Fund, with one of South Africa’s oldest recycling firms among the first recipients.
Talks in Geneva on a global plastics treaty come as major consumer goods firms fall short of pledges to boost recycled content in packaging.
Plastic leakage could drop sharply in Southeast and East Asia with stricter policies, an OECD report finds.
Offsets will be a key focus as global plastics treaty talks resume on 5 August, promoted as a tool to close a $240 billion funding gap.
Bali will ban small plastic packaging from 2026, following its earlier ban on bottled water under 1 litre.