Jul 21

Plastics Weekly: Calls For Global Plastics Treaty at G7 Summit

Editorial Staff
May 31, 2021
plastics weekly

Welcome to the Plastics Weekly, NEO’s regular news monitoring of the plastics industry.

Every Monday, we publish a roundup of the top developments in plastics and sustainability – from regulatory changes to company news.

This week’s highlights:

  • Major companies – including Nestlé, one of the largest creators of plastic waste – and environmental charities have called for the upcoming G7 summit to forge a global treaty to tackle plastic pollution. Environment ministers of the G7 countries have committed to environmental protection goals by 2030, but companies and charities say there needs to be a particular focus on plastic. (The Guardian)
  • The U.S. Chamber of Commerce Foundation has launched a sustainable plastics initiative headed by a Sustainability Fellow who will research innovations across the plastics value chain. The initiative will convene dialogues with stakeholders ranging from innovators to investors, to explore opportunities and challenges faced in achieving plastics circularity. (Waste 360)
  • The UK will have a new tax on plastic packaging from April 2022. PPT will be levied on plastic packaging that contains less than 30% recycled plastic, and “greener” plastics, such as biodegradable and compostable plastics, will still incur PPT. (Packaging Europe)
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