Nestlé has joined forces with other businesses and governments in signing the New Plastics Economy Global Commitment, known as the Global Commitment, at the Our Ocean Conference in Bali, Indonesia.
The Global Commitment is an initiative of The Ellen MacArthur Foundation and UN Environment.
It aims to rethink the future of plastics by applying the principles of circular economy, in which plastics never become waste.
The Global Commitment represents a framework to work collectively on solutions that address the root causes of plastics waste and pollution.
Nestlé CEO Mark Schneider said the Global Commitment is a step-change that is urgently needed in order to move from a linear to a circular economy.
“We want to act and lead by example. We will do our part to ensure that none of our packaging, including plastics, ends up in the natural environment,” said Schneider.
Nestlé recognises the need for preventing packaging material ending up as waste.
This is the rationale behind the company’s goal to make 100 per cent of its packaging recyclable or reusable by 2025.
To achieve this goal, Nestlé has embarked on several research and development projects.
One of them is the NaturAll Bottle Alliance, which aims to develop 100 per cent bio-based PET to be used for its water business.
Nestlé also plays a role in the development of well-functioning collection, sorting and recycling schemes across the countries where it operates.