Governance

Principal Members In WWF Program Make Progress On Plastic And Recycling

Published on: 3 January 2022 11:55 PM
by KnowESG

A Brief Summary

According to a new report by the World Wildlife Fund (WWF), members of the organization's ReSource: plastic initiative reduced their use of plastic by 57 per cent between 2018 and 2020, including hard-to-recycle and single-use plastics. Members are doing a better job with plastic and recycling, according to the report.

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Companies such as Keurig Dr Pepper, McDonald’s, Starbucks, Procter & Gamble and Coca-Cola have committed to the reduction in the program on unnecessary plastic, which can help slow the demand for single-use items.

McDonald's, for instance, in its Canada restaurant started using wooden utensils and stir sticks and expects to cut down on plastic straws by the end of 2021.

The report shows that the organizations are doing a wonderful job overall with plastic waste and recycling than worldwide numbers overall show.

"Businesses have been talking about the problem of plastic pollution for a long time, which is a good start, but now it's time to ask the tough questions: what have you done and is it making a difference?" Sheila Bonini, senior vice president of private sector relations at the White House, said.

During the study period, the percentage of firms using recycled materials increased from 7.8% to 9.6%. According to the research, Coca-Cola has made progress in this area, with its use of PET recyclables increasing to 11% and 90 per cent of the company's existing portfolio being recyclable.

The WWF also encourages businesses to continue taking steps to minimise and reuse plastic. This includes increased investment in recycling systems as well as policy intervention support. It also promotes a global treaty against plastic pollution and calls for consistent data.

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