PRETIUM JOINS U.S. PLASTICS PACT
PRETIUM JOINS U.S. PLASTICS PACT, COMMITTING TO MEET AMBITIOUS CIRCULAR ECONOMY GOALS BY 2025
Led by The Recycling Partnership and World Wildlife Fund in partnership with the Ellen MacArthur Foundation, the U.S. Plastics Pact will unify approaches to rethink the way we design, use, and reuse plastics
(January 5, 2021) – Today, Pretium has joined the U.S. Plastics Pact, a collaborative, solutions-driven initiative rooted in four ambitious goals intended to drive significant systems change by unifying diverse cross-sector approaches, setting a national strategy, and creating scalable solutions to create a path forward toward a circular economy for plastics in the United States by 2025. The first North American Pact of its kind, the U.S. Pact is a collaboration led by The Recycling Partnership, World Wildlife Fund (WWF), and Ellen MacArthur Foundation.
As part of the U.S. Pact, activators like Pretium recognize that significant, system-wide change is imperative to realize a circular economy for plastics. As such, the U.S. Pact will convene more than 70 brands, retailers, NGOs, and government agencies across the plastics value chain to bring one voice to U.S. packaging through coordinated initiatives and innovative solutions for rethinking products, packaging, and business models.
“We are delighted to join the U.S. Plastics Pact as their stated goals perfectly align with Pretium’s strategy to fight the global problems of plastic waste through the elimination of both single-use packaging and non-recyclable plastic materials from our portfolio. Pretium has always been a leader in the use of post-consumer recycled materials across all of our product lines. Looking forward we are increasing our investment in our product offerings to drive more options for our customers and greater adoption of this resource. Additionally, we are committed to not contribute to the problem by focusing our efforts on processing only resins that can be commercially recycled and eliminating product lines like multi-layer containers that contaminate the recycling streams or purely convenience type containers such as water bottles for which there are more sustainable alternatives. Our efforts are completely aligned with the U.S. Plastics Pact to further the ultimate solution of the circular economy for plastics.” Paul Kayser, Pretium Packaging, CEO.
As an Activator of the U.S. Plastics Pact, Pretium has agreed to collectively deliver against these four ambitious goals:
1. Define a list of packaging to be designated as problematic or unnecessary by 2021 and take measures to eliminate them by 2025.
2. By 2025, all plastic packaging is 100% reusable, recyclable, or compostable.
3. By 2025, undertake ambitious actions to effectively recycle or compost 50% of plastic packaging.
4. By 2025, the average recycled content or responsibly sourced bio-based content in plastic packaging will be 30%.
While the U.S. Pact is complementary to, and follows the ambitious precedents set by the existing global network of Plastic Pacts, it will be tailored to meet the unique needs and challenges of the U.S. market. The Pact will reflect national priorities and realities, while still propelling the nation closer to other developed nations in its management of plastic waste.
“Together through the U.S. Plastics Pact, we will ignite system change to accelerate progress toward a circular economy,” says Emily Tipaldo, Executive Director of the U.S. Plastics Pact. “The U.S. Pact will mobilize system-wide change through support for upstream innovation and a coordinated national strategy. This unified framework will enable members to fast-track progress toward our ambitious 2025 sustainability goals. Members’ full participation will be vital to reaching our shared goals.”
Achieving this vision will require new levels of accountability from all facets of the plastics supply chain. The U.S. Pact emphasizes measurable change and as such, Pretium is committed to transparent, annual reporting, guided by WWF’s ReSource: Plastic Footprint Tracker, which will be used to document annual progress against our four goals. The first task of the founding members of the U.S. Plastics Pact will be to establish a “roadmap” in 2021 to identify key milestones and national solutions to achieving the U.S. targets and realize a circular economy in which plastic never becomes waste.
Pretium Packaging is a leading North American manufacturer of plastic containers and closures for the food and specialty beverage, household and industrial chemical, sports nutrition and wellness, beauty and personal care, and medical and consumer health product industries. Pretium manufactures approximately over two billion PET and HDPE containers annually from its 19 locations across the United States and Canada. For more information: www.pretiumpkg.com.
About The Recycling Partnership
The Recycling Partnership is a national nonprofit organization that leverages corporate partner funding to transform recycling for good in states, cities, and communities nationwide. As the leading organization in the country that engages the full recycling supply chain from the corporations that manufacture products and packaging to local governments charged with recycling to industry end markets, haulers, material recovery facilities, and converters, The Recycling Partnership positively impacts recycling at every step in the process. Since 2014, the nonprofit change agent diverted 230 million pounds of new recyclables from landfills, saved 465 million gallons of water, avoided more than 250,000 metric tons of greenhouse gases, and drove significant reductions in targeted contamination rates. Learn more at www.recyclingpartnership.org
About World Wildlife Fund (WWF)
WWF is one of the world’s leading conservation organizations, working in nearly 100 countries for over half a century to help people and nature thrive. With the support of more than 5 million members worldwide, WWF is dedicated to delivering science-based solutions to preserve the diversity and abundance of life on Earth, halt the degradation of the environment and combat the climate crisis. Visit www.worldwildlife.org to learn more and keep up with the latest sustainability news by following @WWFBetterBiz on Twitter and signing up for our newsletter and news alerts here.
About The Ellen MacArthur Foundation
The Ellen MacArthur Foundation was launched in 2010 with the aim of accelerating the transition to the circular economy. Since its creation, the charity has emerged as a global thought leader, putting the circular economy on the agenda of decision-makers around the world. The charity’s work focuses on seven key areas: insight and analysis; business; institutions, governments, and cities; systemic initiatives; circular design; learning; and communications.
Further information: www.ellenmacarthurfoundation.org | @circulareconomy
About The New Plastics Economy and The Plastics Pact
Since 2016, the Ellen MacArthur Foundation’s New Plastics Economy initiative has rallied businesses and governments behind a positive vision of a circular economy for plastic. Its 2016 and 2017 New Plastics Economy reports captured worldwide headlines, revealing the financial and environmental costs of waste plastic and pollution.
The Plastics Pact is a global network of initiatives that brings together all key stakeholders at the national or regional level behind a common vision with a concrete set of ambitious local targets. It builds a unique platform to exchange learnings and best practices across regions to accelerate the transition to a circular economy for plastic – a New Plastics Economy – in which it never becomes waste or pollution.
Further information: www.newplasticseconomy.org | @circulareconomy