Did you know ?
ESG
Did you know ?
“ If we actually want to change the world and engage more collectors to collect and exchange the material , price consistency and price buoyancy are the two key factors that will change the world . Plus , we need reliability and consistency in the supply chain . So when our customers are looking for the material , we know it ' s there . Lower prices do not mean more material . On the contrary , lower prices mean less material collected ,” says Katz .
“ Here ' s the plastics issue summarised . If every piece of packaging … all plastics , every bottle you saw , was five US dollars , how many would you see in the street or in the waste bin ? None … It ' s not a plastics problem .
86 % of plastics are projected to be landfilled , incinerated , or leaked into the environment . Without comprehensive and large-scale interventions , we can expect that there will be more plastic than fish in the ocean by 2050 .
Since 1950 , only about 9 % has been recycled and returned back into the economy .
The equivalent of $ 426 billion- $ 544 billion in net present value ( NPV ) needs to be invested over the next 20 years to achieve the projected plastics circularity gap reductions .
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