Nestlé to sign European Plastics Pact
Bild von Willfried Wende auf Pixabay
The European Plastics Pact aims to accelerate the transition towards a circular plastics economy. It will stop the sole dependence on virgin plastics – plastics made from non-renewable fossil fuel.
The Pact is a joint effort of leading companies, NGOs and governments which agreed on common goals by 2025. These European targets include:
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Reducing virgin plastic products and packaging by at least 20%.
Raising collection and recycling capacity in Europe for plastic packaging by at least 25%.
Boosting the use of recycled plastics in packaging to an average of at least 30%.
The challenge for Nestlé, and the food industry at large, is that it is currently cheaper to produce packaging from virgin plastics than to use recycled food-grade plastics. To overcome this, Nestlé recently announced an investment of more than CHF 1.5 billion to create a market for food-grade recycled plastics. Moreover, it has launched a CHF 250 million sustainable packaging fund focusing on start-ups developing packaging innovation.
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