Businesses

Organisation:

AGROBIOTEK

Commitment title:

Geleau

Description:

 Presentation of Agrobiotek, its product Geleau. We hereby present AGROBIOTEK, a company incorporated under French law. The company Agrobiotek produces a product called Le Geleau, with a view to ensuring a very significant saving of irrigation water and thus preserving the water table , Reduces soil leaching, reduces pumping costs and irrigation piping. Le Geleau is a water retainer that can absorb up to 500 times its weight of fresh water, to which nutrients and natural fertilizers are added. It is a unique process in the world, tested and guaranteed to ensure food security for drought-affected countries (arid or semi-arid regions). In addition to the considerable saving in water, Geleau is biodegradable, functional in soils for a period of 5 years. It can contain inputs that boost crop performance and frequency and can be stored and transported in solid form. The use of Geleau enables desert afforestation, combating desertification, ensures food security for populations and gains in carbon credits to meet state commitments under COP21. States can subsidize this commodity in order to allow farmers to join better water resource management and crop yields, propose agricultural programs or pilot projects in arid or semi-arid regions. We are able to accompany and offer technical assistance to the users of our product to guarantee the exit from the food crisis. We are at your disposal for any further information.

https://youtu.be/gZRjmqrckZc

Start date:

March 2017

End date:

Thematic Area:

Freshwater pollution; Land and soil pollution

Organisation:

Atlantic Coatings, Inc.

Commitment title:

Carbon footprint reduction

Description:

- To minimize use of power
- Shift to renewable source of energy
- Choose green living initiatives
- Establish activities for green living and working
- Choose less and contribute more to save the environment

Start date:

January 2018

End date:

December 2018

 Thematic Area:

Air pollution; Chemicals and waste

Organisation:

BASF

Commitment title:

BASF commits to continuously enhance the sustainability performance of our portfolio

Description:

Society and our customers have been taking a greater interest in the business contribution to sustainability over the past decades. As BASF, we are committed to understand these evolving
expectations, so we might seize opportunities as well as minimize risks. BASF has embedded sustainability in its corporate purpose "We create chemistry for a sustainable future".

Accordingly, BASF has developed the Sustainable Solution Steering methodology, through which we are analyzing our entire product portfolio (the methodology is assured by
PricewaterhouseCoopers AG Germany). By identifying key drivers and issues in our customers' industries, we are able to assess the sustainability contribution of each of our products in its specific application. With our approach, we evaluate the value chain from cradle to grave considering industry and region specific views in our markets, taking all three dimensions of sustainability into account.

Finally, each solution is assigned to one of four categories (Accelerator, Performer, Transitioner, Challenged) according to its contribution to sustainability. This detailed analysis and transparent classification allow us to both improve individual solutions and steer the entire portfolio. It also enables further integration of sustainability into our strategic, R&D and customer support processes.

Through Sustainable Solution Steering, BASF is committed to:
- Increase our portfolio of innovative and sustainable solutions making our customers more successful
- Reduced environmental impact along the value chain, contributing to improved quality of life
- Better mitigation of risks associated with sustainability

Our ambitious goal is to increase the targeted share of Accelerator products to 28% by 2020.

Start date:

January 2017

End date:

December 2020

 Thematic Areas:

Chemicals and waste

Organisation:

Bitlumens

Commitment title:

Off Grid PV Systems meet the Blockchain in Latin America

Description:

Bitlumens gives access to a blockchain platform that connects microcredit solutions to women in Guatemala living in rural villages who are not connected to the grid, offering SHS combined with IoT. In fact, the company uses the blockchain to give transparency on the transactions performed by each user. To be able to provide financial inclusion two important pieces of information are provided, digital IDs and KYC (Know your customer). We will provide cooperative banks with key pieces of information required to open an account or facilitate financial services given the proof of valid microcredit. Each user will be able to have their own ID and credit history. This information can be shared with third parties who offer microlending solutions, governments and development banks. Moreover, our system gives the option to use biometric tools to collect a fingerprint.
The project will target about 500 households annually in each county in Guatemala. Bitlumens expects to reach an overall target of 10,000 households by 2019 and 500.000 by 2025. By 2030, an estimated 1 million households are expected to access SHS technology.

Start date:

February 2018

End date:

February 2030

 Thematic Area:

Air pollution

Organisation:

Danish Power Systems

Commitment title:

Production of fuel cells that facilities in increased energy efficient and lower pollution.

Description:

In Danish Power Systems we manufacture fuel cells that can produce electrical energy and heat bond on renewable fuels. The market is expected to grow significantly from now and beyond 2030, where multiple fuel cell products is on the market. That will result in low CO2 footprint along with reduction in NOx and particular contaminants in the atmosphere. This will have a dramatic impact on the quality of life, especially in major cities around the world.

Start date:

December 2017

End date:

December 2020

 Thematic Area:

Air pollution

Organisation:

EMSERFUSA E.S.P

Commitment title:

Empresa de Servicios Públicos de Fusagasugá EMSERFUSA E.S.P

Description:

Lograr la Sostenibilidad de la Empresa de Servicios Públicos de Fusagasugá, proyectando un futuro a la empresa ambiental-mente amigable y responsable de la mente social, fomentando el buen servicio a los usuarios y a Fusagasugá, generando empleo y productividad en la ciudad.

Con objetivos a corto plazo 2020 de establecer los lineamientos para la disminución de Emisiones optando por estar y una escala de carbono neutro

Mediano plazo 2025 lograr la empresa de servicios públicos de Fusagasugá EMSERFUSA E.S.P se ha posicionado como una de las mejores empresas del país por su modelo de sostenibilidad y prestación de servicios públicos de calidad enfatizados en las ODS y la buena gestión empresarial, con la ayuda de la Planta de Tratamiento de Aguas Residuales disminuir contaminación de afluente del Rio Sumapaz uno de los cauces mas importantes del País.

En 2030 de acuerdo con la agenda de acción de las ODS y la normatividad del país, Ser un ejemplo nacional para la gestión de las acciones y sus beneficios ambientales, sociales, económicos y de desarrollo haciendo que la contribución de la reducción de la la contaminación y la cantidad de tCO2eq en fusagasugá, mejorando la calidad de vida y la salud del municipio.

Start date:

January 2018

End date:

December 2030

 Thematic Area:

Air pollution

Organisation:

essenscia

Commitment title:

Improved energy efficiency thanks to voluntary agreements of the Belgian chemical and life sciences industry

Description:

.As energy efficiency is a core priority for the chemicals, plastics and life sciences industry, many companies in Belgium, representing about 90% of the sector's energy use, have signed up to voluntary energy efficiencyagreements. Since 2000, energy consumption has been gradually decreasing as a result of energy efficiencyimprovements in both processes and utilities and increased attention to energy management. The voluntary agreements were renewed in 2015 and participants in these agreements commit themselves to continue to work onenergy efficient manufacturing by implementing all feasible and affordable measures, listed in energy plans that haveto be drawn up every four years on the basis of a bottom-up, in-depth energy audit. Yearly monitoring obligations andthe implementation of an energy management system ensures a continuous attention for energy efficiency throughoutthe operations. As a result, the chemicals, plastics and life sciences industry in Belgium has made impressive energyefficiency improvements and CO2 reductions

Start date:

December 2017

End date:

December 2022

 Thematic Area:

Air pollution

Organisation:

essenscia

Commitment title:

Catalysing sustainable innovation in chemistry and plastics

Description:

essenscia (the Belgian association of the chemicals, plastics en life sciences industry) is the founding father of Catalisti, the innovation cluster for chemistry and plastics in Flanders. Catalisti is a non-profit organisation based on a triple-helix structure (companies, research institutes and government), and is supported by the Flemish government as a strategic "Spearhead Cluster". The cluster's main activity is the setting up of cooperative innovation projects between small, medium-sized and large companies in an open innovation approach. Catalisti's innovation agenda consists of four innovation programmes: Renewable Chemicals, Sidestream Valorisation, Process Intensification and Advanced Sustainable Products. In this way, Catalisti is on the forefront of the transition towards a sustainable and more circular economy. Different approaches are taken to save natural resources, such as recycling raw materials and solvents, recycling production side streams, incorporating recycled plastics by plastic converters and transitioning to low carbon technologies such as carbon capture and usage and biomass-conversion.

Start date:

January 2017

End date:

January 2027

 Thematic Area:

Chemicals and waste

Organisation:

essenscia

Commitment title:

essenscia's Circular Procurement Network

Description:

essenscia (the Belgian association of the chemicals, plastics and life sciences industry) is partner in 'Circular Flanders'and signed in this context in June 2017 as facilitator the Green Deal 'Circular Procurement'. We committed to set upand facilitate a learning network within the chemicals, plastics and life sciences industry. In this network membercompanies will be brought together to learn from each other how circular procurement can be incorporated in the coreof their operations and what value it could bring, be brought into contact with suppliers who apply new businessmodels for a circular economy. Tools to support the members in sustainable and circular procurement will becollected or developed and be made available online. Circular procurement in the core of the chemical industry mayimply industrial symbiosis; closing the loops in processing aids, solvents, catalysts, water usage; switching tochemical leasing; optimizing logistics

Start date:

January 2018

End date:

July 2019

 Thematic Area:

Cross-cutting

Organisation:

Finnish Commerce Federation and the Ministry of the Environment

Commitment title:

Framework agreement to reduce the consumption of lightweight plastic carrier bags (Plastic Carrier Bag Agreement)

Description:

The Ministry of the Environment has concluded the first Green Deal agreement with the Federation of Finnish Commerce (Plastic Carrier Bag Agreement) to implement the EU Directive on packaging and packaging waste by a voluntary agreement instead of a legal instrument.

The agreement is in force until the end of 2025, and the aim is to make sure that Finland reaches the reduction targets for the consumption of plastic carrier bags in the EU Directive. The aim is that by the end of 2025 no more than 40 bags per person per year are used. The reduction target concerns all plastic carrier bags in retail outlets, excluding very lightweight bags provided for loose food such as fruit and vegetables and when required for hygiene purposes.

In the agreement the Finnish Commerce Federation gives a commitment extending to 2025 to encourage and advise companies in the trade sector to join the agreement on plastic carrier bags, support advisory and information campaigns, monitor the fulfillment of the objectives, and deliver the monitoring data to the Ministry of the Environment.

The Ministry of the Environment will assess the impact of the measures on reducing the consumption of plastic carrier bags and preventing litter after three years from concluding the agreement.

Start date:

October 2016

End date:

 December 2025

 Thematic Area:

 Chemicals and waste

Organisation:

Great Mountain Trail

Commitment title:

Reduce environment pollution and encourage people for nature, ecosystem and wild life conservation. 15% of our business profit will be used to meet this commitment.

Description:

Objectives: Conserve nature, ecosystem and environment fighting against climate change.
Approach: Sustainable tourism efforts as a medium to reach out the vulnerable zones of Nepal and efforts to protect the site which are still least disturbed by human activities. We encourage locals by public awareness and the travellers by exploring the beauty of nature the importance of natural environment.
Outcomes by 2020:
The improper disposal of domestic wastes will be reduced by 80%, protection of forest will be initiated by the locals in an effective manner and conservation of water sources will be accomplished in every mountain trails we travel.
Outcomes by 2025:
Government will be forced to make effective implementation of environment and nature conservation act, government bodies like Nepalese army will be effectively involved in protection act and tourist visiting Nepal will be aware of nature protection and importance of clean natural environment.
Outcomes by 2030:
Nepal will be naturally protected site for tourist around the globe, people of Nepal will be providing an extraordinary example for fighting against climate change and government will be environment conscious.

Start date:

March 2018

End date:

March 2020

 Thematic Area:

Land and soil pollution; Chemicals and waste;

Organisation:

Hazardous Waste Europe (HWE)

Commitment title:

We are committed to decontamination prior to recycling to extract unwanted hazardous substances in the waste before it goes back in the recycling loop.

Description:

We are deeply convinced that only a model built on non-toxic materials cycles can and will ensure a safe and sustainable circular economy. To reach this ultimate goal, we are committed to strive that substances or materials streams contaminated with toxic substances are appropriately decontaminated before being reincorporated into the recycling chain.

Our objective is that legal provisions on circular economy that flourish in member states acknowledge this significant necessity: prior to recycling, unwanted hazardous components or pollutants contained in both non-hazardous and hazardous waste should be extracted and treated in compliance with the waste and chemical laws to ensure that toxic substances would not be again and again reincorporated in materials that aim to become products of day to day life. Only by controlling that we will protect health and the environment and pave the way towards the achievement of sustainable consumption and production patterns (Goal 12). By promoting high quality recycling we will work to sustainably guarantee "the environmentally sound management of chemicals and all wastes throughout their life cycle" and achieve healthy lives and promote well-being (Goal 3).

The technical solutions already exist and are effective. We miss the political signal that would set decontamination in the legislation. We should hit hard, we must hit now and we could not dream more symbolic than having the solution of decontamination as part of a pollution free planet, endorsed by the United Nations.

The Basel Convention OEWG should provide a specific guideline on decontamination ensuring consistency with Chemicals and Waste Subprogramme.

Start date:

January 2018

End date:

 Thematic Area:

Chemicals and waste

Organisation:

International Council of Chemical Associations

Commitment title:

Representing the global chemical industry, the International Council of Chemical Associations (ICCA) commits to combatting pollution by expanding its Responsible Care program to continuously reduce emissions and increase global capacity to manage chemicals safely.

Description:

Part of our everyday lives, chemistry is essential for sustainable development. To realize the benefits of chemistry, we must handle chemicals safely.

ICCA promotes Responsible Care (RC) to continuously improve the implementation of sound chemicals management globally, with a particular focus on reducing emissions. The RC Pollution Prevention Code focuses on reducing contaminants and pollutants released to air, water, and land, as well as the amount of waste generated at facilities.

Since 2006, ICCA has delivered more than 220 workshops for domestic and international industry, regulators, and local authorities. With support of ICCA, 62 associations have implemented RC in 67 countries; these associations support local member companies in safely handling chemicals, improving operations, and reducing emissions.

Additionally, the chemical industry has generated a significant set of toxicological data on chemicals in commerce to increase knowledge and facilitate risk assessments, thereby promoting the safe handling of chemicals.

ICCA commits to work with members to:
- Continuously improve environmental, health, safety, and security performance
- Report on industry emissions (including through SAICM)
- Expand RC to five countries lacking chemicals management infrastructure by establishing local associations by 2030
- Deepen RC implementation in China and India, as Asia accounts for more than 60 percent of global chemicals production
- Support 30 capacity-building workshops every year
- Develop computer-based trainings to reach SMEs
- Generate toxicological data on issues of human and environmental concern
- Innovate products and technologies that require less raw material, contribute to emission reduction, enable recycling/reuse, and reduce waste

Start Date:

January 2017

End Date:

December 2030

 Thematic Area:

Chemicals and waste

Organisation:

Jonathan GmbH

Commitment title:

Beach Clean-up in Djerba, Tunisia: From Local to Global

Description:

The beautiful beaches of the Island Djerba in Tunisia are littered with plastic waste, except in those beach areas where hotels clean "their part" of the beach. The commitment of Jonathan GmbH has the objective to engage with the local community, hotels, tourists, and interested international volunteers (including from UN Environment) to organize Djerba beach clean-ups in 2018-2019, including an awareness raising campaign to support sustainable change. By engaging local, national and international stakeholders, including local and national tourist authorities, artists, and the media, the initiative seeks to create a change of mindsets on the island, in the country, and giving impulses to other countries. The long-term aim is a careful appreciation of beaches as a valuable environmental, local and tourism resource.
Local hotels will be asked to partner to provide rooms for volunteers, local musicians will share their music during evening beach celebrations, and the local and national media will be present to report on the action and results achieved. This initiative will also pilot how international, national and local actors can work together to create a movement to help rid the world's beaches from plastic and to initiate sustainable change in a participatory way .
Jonathan GmbH will organize Sahara retreats in Tunisia in 2018. We are committed to stay a week before and after in Tunisia/Djerba to help coordinate and participate in the clean-ups. Planning meetings are scheduled for April 2018 (coupled with a demonstration clean-up), with a full campaign taking place in October 2018/2019.

Start date:

January 2018

End date:

December 2019

Thematic Area:

Marine and coastal pollution

Organisation:

KONE Corporation

Commitment title:

Carbon footprint reduction

Description:

According to KONE's environmental targets for 2017–2021, we aim to be the leading provider of low-carbon People Flow® solutions with efficient low-carbon operations. The most significant impact of KONE's operational carbon footprint relates to logistics, the company's vehicle fleet, and the electricity consumption of KONE's facilities. For 2017-2021 KONE has set a target to reduce its carbon footprint by 3% annually relative to net sales. In addition, we have set a target to increase the share of green electricity used at KONE facilities to over 50% by 2021.

Start date:

January 2017

End date:

December 2021

Thematic Area:

Air pollution

Organisation:

Kowat Control Biomimético

Commitment title:

Drones biomiméticos dirigidos por piloto automático y/o visión artificial: el miedo como método sostenible de control de plagas aviares.

Description:

Tras aunar con éxito ciencias tan dispares como: la paleontología, la zoología, la biología, la mecatrónica, la aeronáutica y la tecnología aeroespacial, hemos conseguido acabar con plagas de aves utilizando exclusivamente el arma más poderosa de todas las emociones: el miedo. Según la FAO, el 25% de los cultivos del mundo se pierden por la depredación y/o contaminación aviar generada durante la cosecha, transporte y almacenamiento de modo que este invento, una vez universalizado, sería suficiente para acabar con el hambre en el mundo. Además reduce los pesticidas ya que evita la expansión de hongos y patógenos a través de sus picos, plumas y patas.En la acuicultura, su efectividad es cercana al 100% en algunas plagas de aves, además de reducir la ingesta, reduce la utilización de antibióticos en los peces ya que las aves les transmiten más de 15 tipos de enfermedades. En regiones de Africa y Sudamérica, las plagas de aves les impiden a los agricultores exportar a los mercados locales y los mantienen en la pobreza. Con el debido apoyo institucional y financiero, en el 2020 se podría iniciar la introducción de forma masiva del sistema en Africa, Centroamérica y Sudamérica que son unas de las regiones con mayor problema de este tipo. A partir del 2025 se iniciaría la introducción en el resto de continentes.

Start date:

May 2018

End date:

May 2030

Thematic Area:

Land and soil pollution

Organization name:

Michelin

Commitment Title:

Halving Michelin Environmental Footprint by 2020

Description:

Michelin is committed to making mobility more sustainable and widely accessible, by providing safer, more efficient and environmental friendly products. In the same way, the Group is also committed to reducing the environmental impact of its production process, adopting an ambitious objective of 50% reduction by 2020 compared with 2005. Progress is monitored by the Michelin Environmental Footprint (MEF) indicator comprised of 6 weighted components, covering resource consumption, air emission and waste. This indicator is calculated for each facility and consolidated at Group level. Each year, progress is are assessed to keep us on track. In line with our commitment, a 4.9% global reduction has been achieved in 2017 compared with the previous year, including a reduction of 8.6% in CO2 emissions, 6.9% in Volatile Organic Compounds (VOC) emissions, 3.4% in waste generated and 4.4% in water consumption.

Start date:

January 2017

End date:

January 2020

Thematic rea:

Air pollution

Organization name:

Pacific Paint (BOYSEN) Philippines, Inc.

Commitment Title:

Supporting Global Efforts to Eliminate Lead Paint

Description:

We support mandatory restrictions on lead in decorative paints, and will work with governments to advocate for new laws and regulations to reduce the potential human health and environmental risks associated with continued use of lead in paint, especially to children. We will support activities to voluntarily stop the manufacture and sale of lead paints.

Start Date:

December 2017

End Date:

December 2020

Thematic Area:

Chemicals and waste

Organization name:

Sahara Power Systems

Commitment title:

Environment protection through Education to the locals

Description:

Through Education to the local community about environment protection will bring influence to the community about environment and they will be able to know more on issues of environment, they will get knowledge on environment issues and implement the knowledge they have acquired to their community. 
This commitment will be done in the involvement of the local people, Government and the busineses so that to realize our goals and to achieve sustainable development Goals.

Start date:

January 2018

End date:

November 2030

Thematic Areas:

All

Government: 

SAP SE

Commitment title:

Carbon neutrality by 2025

 Description:

SAP's vision is to help the world run better and improve people's lives. In service to this higher purpose, we have committed our people and our products to address the world's biggest economic, environmental, and societal issues and achieve the UN Sustainable Development Goals. To contribute specifically to Goal 13, Climate Action, we aim to reduce our global greenhouse gas emissions to levels of the year 2000 by 2020. In May 2017, SAP furthermore announced it was going to become carbon neutral in its operations by 2025.'

This includes all GHG emission categories in scope 1 + 2, as well as selected categories of 3 (business flights, employee commuting, paper consumption, co-locations of data centers). To reduce CO2 emissions over the long run, SAP continues to drive efficiency programs and will invest in innovative technologies. Focus areas range from virtual telecommunication, energy efficiency, efficient coding, SAP's shift to 100% renewable energy or sustainable mobility e.g. by increasing the portion of e-cars in the corporate fleet to 20% by 2020. The introduction of an internal pricing concept as well as new investment in the Livelihoods Fund is another lever to help achieve carbon neutrality.

A new Environmental Policy outlines how employees can be part of that journey and integrate sustainable practices into their work, by reducing waste and energy use as well as working to develop solutions and services that enable SAP customers to create positive environmental impact. 

More details: https://news.sap.com/sap-to-go-carbon-neutral-by-2025/

Start Date:

May 2017

End Date:

December 2025

Thematic Area:

Air pollution

Organization name: 

Siloso Beach Resort

Commitment title:

 Reduction of Chemicals in Housekeeping, Cleaning, and Toiletries

Description:

Objectives: Reduce the pollutants associated with chemical products used in our housekeeping cleaning operations, general area cleaning, and toiletries for guests.

Approach: Conduct a thorough audit of the chemicals used throughout the resort, and prioritise them based on MSDS information on the pollution impact of the ingredients. Where MSDS not available or relevant (such as for toiletries), do research into listed ingredients. Work to identify natural substitutes for chemicals, or more alternative chemicals with reduced pollution impact. 

Objectives: By 2020, ensure that over 90% of products used (by product volume used) in housekeeping, cleaning, and toiletries are free of significant pollutants.

Start Date:

December 2017

End Date:

December 2020

Thematic Area:

Chemicals and waste; Marine and coastal pollution

Organization name: 

Siloso Beach Resort

Commitment title:

Sustainable Palm Oil

Description:

Objectives: Siloso Beach Resort aim to eliminate, or reduce as much as reasonably possible, the purchase of unsustainable palm oil which contributes to air pollution affecting Singapore and the region. There are also many other problems with unsustainable palm oil, including soil pollution, contributing to climate change, loss of biodiversity. 

Outcomes: (1) Use 100% RSPO certified palm oil (or other sustainable alternatives) for cooking in its restaurant by 2020.
(2) Conduct an audit on food products used in the restaurant which have palm oil listed in the ingredients, so that products using RSPO certified palm oil can be sourced (where suitable alternative is available), and also to expedite switching to such products when they become available.

Start Date:

December 2017

End Date:

December 2020

Thematic Area:

Land and soil pollution

Organization name:

Tara Suites

Commitment title:

Beat Pollution

Description:

_ To reduce water and energy consumption we request our clients to consider reusing their towels
- Conserve power by switching off lights, not in use.
- Avoid printing unnecessarily.
- Eventually switching to solar.
- Continue to train and educate our staff on the benefits of a pollution free environment.
- Ban the use of plastic bottles and support the plastic bags ban.
- Encourage our guests to cycle or walk to their respective offices The UN.

Start date:

December 2017

End date:

December 2022

Thematic Areas:

Air pollution; Freshwater pollution; chemicals and waste

Organization name:

Unilever

Commitment title:

New Food and Land Use Coalition (FOLU) to transform food and land use systems to protect natural resources, healthily feed the planet and improve farmer prosperity by 2030

Description:

• The FOLU approach builds on a deep heritage of existing work, including but not limited to: the Business & Sustainable Development Commission (BSDC), the New Climate Economy (NCE), the EAT-Lancet Commission and the Deep Decarbonisation Pathways Project (DCPP). There are many more.
• The Coalition delivers impact through workstreams: 
o WS1: creates science-based pathways for a sustainable food and land use system. We are building in-country modelling teams, including Brazil, Russia, India and China. A strong and collaborative network of country teams is essential for the success of the Coalition. 
o WS2: provides market based solutions to raise private-sector ambition. FOLU will host a breakfast with leading CEOs at Davos.
o WS3: takes action to countries; building roadmaps, informed by long-term pathways. For example, we are driving action in Colombia, Indonesia and Ethiopia by engaging deeply and brought decision-makers from private and public sectors together

Start Date:

September 2017

End Date:

November 2030

Thematic Area:

Land and soil pollution

Organization name:

World Plastics Council

Commitment title:

In partnership with Ocean Conservancy, Trash Free Seas Alliance®, 3M, PepsiCo, Procter & Gamble, The Coca-Cola Company, the World Plastics Council, and the American Chemistry Council, Closed Loop Partners (CLP) is launching Closed Loop Oceans, an initiative to raise $150M to finance solutions to ocean plastic.

Description:

Closed Loop Oceans is designed to fund waste management and recycling solutions in Southeast Asia, with a focus on investments to improve collection, sorting and recycling markets that prevent plastics from entering the environment. Nearly half of the plastic that flows into the ocean every year–an estimated eight million metric tons–escapes from waste streams in just five rapidly developing economies in Asia.

The market-based investment strategy and supporting mechanism is modelled after CLP's proven U.S. investment strategies for waste management and recycling. This mechanism aims to catalyse investments from larger, less nimble actors such as development finance institutions by demonstrating solutions and building a pipeline of projects. It expects to deploy a combination of grants and concessionary capital to build recycling and waste management infrastructure as a tool to demonstrate investment viability and maximize recycling profitability. 

Effective waste management reduces plastics waste leakage, leads to healthier citizens, creates jobs, and reduces emissions. It is also a critical component to making a circular economy function, ensuring that materials can be recovered for reuse and recycling. This initiative aims to solve the root causes of plastics in the ocean by investing in the systems and emerging technologies needed to capture and transform waste into valuable commodities before it reaches marine environments, while also providing tangible benefits to communities. 

The initiative aims to share the results of its initial phase of work within the next year to help build the field of investors looking to deploy capital into this market.

Start Date:

October 2017

End Date:

December 2030

Thematic Area:

Chemicals and waste

Organization name: 

WRAPTIE International Ltd

Commitment title:

WRAPTIE Pledges to Utilise Recycled Materials (Including Plastics) Whenever Possible

Description:

Working closely with manufacturing companies in Taiwan, WRAPTIE has begun researching and developing products that will utilise R-PET materials. The goal is to use 100% R-PET whenever possible. 

One of the Directors, Mark Blackburn, along with his foundation, One Brown Planet, will continue to educate about plastic pollution and get involved with beach cleaning and other plastic pollution control activities.

Start Date:

December 2017

End Date:

Thematic Area:

Chemicals and waste