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ACCESSWIRE
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Amcor, Delterra, Mars and P&G Form Strategic Partnership To Tackle Plastic Waste & Develop Circular Economies in the Global South, Commit $6 Million

Finanznachrichten News

PARIS / ACCESSWIRE / May 23, 2023 / Delterra

Today Amcor, Delterra, Mars and P&G jointly announce the launch of a strategic partnership to stem the tide of plastic pollution in the Global South. These global leaders will work together to scale upstream and downstream solutions for a circular plastics economy, jointly committing $6 million USD over five years.

The announcement comes in the lead-up to the second negotiating committee meeting for a Global Plastics Treaty (INC-2), working to develop a globally binding instrument on plastic pollution.

The partners are coming together with a shared commitment to urgent environmental action and a shared understanding that the challenge of plastic pollution cannot be solved without a systemic and holistic approach to roll out scalable and sustainable programs to boost the transition to a circular economy. We call on like-minded organizations to join this first group of strategic partners and add your support to drive real change, at scale.

Recognizing that plastic pollution is a symptom of the broader issue of underperforming or non-existent waste management and circularity solutions, the partnership is committed to investing in innovative programs along the full value chain:

  • upstream, stemming plastic pollution at source by designing waste out of the system with Delterra's global roll out of Plastic IQ, a digital tool that is changing the way companies understand and improve their plastic footprint
  • downstream, working on the supply and demand side to capture recyclable and compostable materials and return them to productive use with Delterra's Rethinking Recycling program
  • while innovating material traceability solutions to provide transparency on matters such as source, quality and ethical concerns along the recycling value chain.

The partnership will focus on countries of the Global South, starting in Indonesia, Argentina and Brazil, and aim to provide easy access to waste management and recycling systems to 10 million people. The partners will explore new ways to drive true systems change and to innovate beyond each organization's individual realm to positively impact the entire ecosystem.

Dr. Shannon Bouton, President & CEO at Delterra remarked, "We are thrilled to be partnering with Amcor, Mars and P&G on our joint mission of eliminating waste in the environment. Solving plastic pollution - and indeed the broader waste crisis, requires a rethinking of the way we produce and manage waste. This includes a rapid expansion of waste collection and sortation and reliable recycling markets, alongside a deeper redesign of how we consume. We are inspired that these organizations are stepping up to this challenge alongside Delterra and we invite more companies to join this growing partnership."

David Clark, Vice President, Sustainability at Amcor commented, "This partnership of leaders from the packaging value chain will make a real difference in creating a circular economy for packaging and eliminating plastic waste from the environment. Our partnership with Delterra in Latin America has shown us that shared commitments enable great progress when working collaboratively. We understand the critical importance of stemming pollution at the source by designing waste out of the system and returning plastic into the value chain as recycled content. This strategic partnership is a milestone achievement towards this ultimate goal."

Allison Lin, Global VP Packaging Sustainability at Mars said, "We are excited about this partnership with Delterra and like-minded peers in the industry. We want to demonstrate that we can create successful programs for waste management and recycling systems particularly in the Global South, that currently lacks the infrastructure we need to stop plastic pollution. Scale will enable these systems to be self-sustained and ultimately, protect people and planet while at the same time creating value for local communities. We call on all parties gathering in Paris for the Global Plastics Treaty negotiations to agree on a regulatory framework that enables the creation of effective waste management infrastructure systems everywhere in the world."

Stacie Hecht, Packaging & Waste Leader - Global Sustainability at Procter & Gamble, stated, "We are excited to partner with Delterra. It will take the entire value chain - including businesses like P&G - to prove out new circular business models while improving waste management."

Amcor, Delterra, Mars and P&G share a common vision for a world where human activities protect and restore a healthy planet and are calling on likeminded organizations to join this strategic partnership to help drive impact at scale and deliver against our collective goals.

- ENDS -

ABOUT AMCOR

Amcor is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2022, 44,000 Amcor people generated $15 billion in annual sales from operations that span 220 locations in 43 countries. NYSE: AMCR; ASX: AMC www.amcor.com | LinkedIn | Facebook | YouTube

ABOUT DELTERRA

Delterra is a global environmental NGO on a mission to solve the world's most complex systemic environmental challenges-on the ground, at scale, and with urgency. Founded by McKinsey & Company, Delterra uses a systems-change approach to redesign entire ecosystems by developing innovative, scalable solutions for the good of people and the planet. Learn more at: https://delterra.org and connect with us on LinkedIn & Instagram.

ABOUT MARS, INCORPORATED

Mars, Incorporated is driven by the belief that the world we want tomorrow starts with how we do business today. As a global, family-owned business, Mars is transforming, innovating, and evolving to make a positive impact on the world. Across our diverse and expanding portfolio of quality snacking, food, and pet care products and services, we employ 140,000+ dedicated Associates. With more than $45 billion in annual sales, we produce some of the world's best-loved brands including Ben's Original, CESAR®, Cocoavia®, DOVE®, EXTRA®, KIND®, M&M's®, SNICKERS®, PEDIGREE®, ROYAL CANIN®, and WHISKAS®. We are creating a better world for pets through our global network of pet hospitals and diagnostic services - including AniCura, BANFIELD, BLUEPEARL, Linnaeus and VCA - using cutting edge technology to develop breakthrough programs in genetic health screening and DNA testing.

For more information about Mars, please visit www.mars.com. Join us on Facebook, Twitter, Instagram, LinkedIn and YouTube.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news

Delterra, Tuesday, May 23, 2023, Press release picture

View additional multimedia and more ESG storytelling from Delterra on 3blmedia.com.

Contact Info:
Spokesperson: Delterra
Website: https://www.3blmedia.com/profiles/delterra
Email: info@3blmedia.com

SOURCE: Delterra

View source version on accesswire.com:
https://www.accesswire.com/756859/Amcor-Delterra-Mars-and-PG-Form-Strategic-Partnership-To-Tackle-Plastic-Waste-Develop-Circular-Economies-in-the-Global-South-Commit-6-Million

© 2023 ACCESSWIRE
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