US-based food and beverage company Mondelēz International has joined two initiatives which works to reduce plastic waste and pollution.
The company has signed up for the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment and became a member of the UK Plastics Pact.
Go deeper with GlobalData
The move is aligned with the company’s sustainability plans to create zero net waste packaging. Mondelēz International aims to offer all its products across the globe with recyclable packaging by 2025.
Currently, around 93% of its packaging is designed to be recycled.
Mondelēz International sustainability and global impact vice-president Christine Montenegro McGrath said: “We believe that sector-wide initiatives, in collaboration with government, are key to reducing the impact of packaging on our planet.
“Through our partnership with the Ellen MacArthur Foundation and in joining The UK Plastics Pact, we are accelerating our work toward creating zero net waste packaging and improving recycling globally, and we are fully committed to their vision.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAs a signatory of the New Plastics Economy Global Commitment, Mondelēz International will work to discard unnecessary plastic packaging by 2025. It will also ensure that all plastic packaging used across product portfolio will be recyclable.
The company also needs to adhere to similar guidelines as a member of the UK Plastics Pact.
New Plastics Economy Initiative lead Sander Defruyt said: “The New Plastics Economy Global Commitment unites businesses, governments and others behind a clear vision of a circular economy for plastic.
“We are pleased Mondelēz International is joining us as a New Plastics Economy Participant and Global Commitment signatory, by setting concrete 2025 targets.
“Our vision is for a world where plastic never becomes waste or pollution. It will be a challenging journey, but by coming together we can eliminate the plastics we don’t need and innovate, so the plastics we do need can be safely and easily circulated – keeping them in the economy and out of the environment.”
