Global demand for polyethylene, the world’s most used plastic, has nearly doubled since 1999, but this growth in demand is being met with significant new market pressures, such as a rise in consumer expectations around sustainability, along with tightening environmental regulations in key growth markets such as China.
Using traditional product packaging in e-commerce can hurt the bottom line. For many companies, the practice triggers unnecessary, counterproductive costs several percent of their total cost of goods sold (COGS).
Nestle wants to make all of its packaging recyclable or reusable by 2025, the Swiss food giant said on Tuesday, becoming the latest food company to vow to reduce plastic waste.
President Donald Trump has proposed tariffs on aluminum and steel that he says will put the country first. But a broad swath of corporate America strongly disagrees, saying the levies will boost prices on everything from cars to beer and force companies to cut jobs.
Every year, 12.7m tonnes of plastic ends up in our oceans. Supply functions are in a unique position to make a difference and drive changes that will benefit the world for generations to come.
Evian will have 100-percent recycled plastic bottles for all of its water by 2025, the water brand’s parent company Danone announced. In order to achieve this, Evian’s strategy involves collaborating with startup Loop Industries to redesign its packaging, Reuters reported.