Learn more: https://www.newplasticseconomy.org/projects/global-commitment

Targets:

• Packaged goods companies, retailers, hospitality and food service companies, packaging producers
  • Take action to eliminate problematic or unnecessary plastic packaging by 2025
  • Take action to move from single-use towards reuse models where relevant by 2025
  • 100% of plastic packaging to be reusable, recyclable, or compostable by 2025
  • Set an ambitious 2025 recycled content target across all plastic packaging used
• Raw material producers: Set an ambitious 2025 target to increase the use of recycled plastic, or (only for producers of compostable plastic) Set a 2025 target to increase the share of renewable content to at least 75%, all of it from responsibly managed sources
• Collection, sorting, and recycling industry: Set an ambitious 2025 target to grow the volume and quality of recycled/composted plastic, and accordingly increase the ratio of recycled and composted over landfilled and incinerated plastic volumes
• Durable goods producers: Make an ambitious set of commitments that support the businesses in the plastics industry to achieve their commitments
• Suppliers to the plastics industry: Make an ambitious set of commitments that support the businesses in the plastics industry to achieve their commitments
• Investors: Invest a meaningful amount by 2025 in businesses, technologies, or other assets that work to realise the vision of a circular economy for plastic