EarthCheck and Oceanic Global turning tides on the circular economy
BRISBANE, May 2, 2019 – Among the millions of people travelling internationally each year, a number expected to rise to… Read More …
Source: www.pata.org
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Most companies have hit their near-term goals for greenhouse gas reduction, and some have advanced circular-economy projects. But to get to net-zero emissions, suppliers, customers, and dedicated corporate teams will all be needed. About six in 10 executives believe they can achieve their corporate sustainability goals over the next year, according to a recent global survey commissioned by Honeywell International. But only about 16% think they’ll do so primarily through technology-driven changes, such as upgrading or replacing existing systems with newer, more efficient or more sustainable technologies. The vast majority of the 600 business leaders surveyed — 62% — expect to hit their short-term goals mainly by modifying or eliminating operational processes or business behaviors.
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A collaboration between a renewable oil producer and a UK-based plastic recycling specialist is seeking to “revolutionise the way that plastic waste is treated around the globe”. In mid-August Teesside-based ReNew ELP and Finnish refinery giant Neste signed a Memorandum of Understanding that will see both companies work together to capitalise on the value of waste plastic as a raw material feedstock for the production of liquid hydrocarbons, chemicals and new plastics. In Europe, around 27 million tonnes of post-consumer plastic waste is generated each year. Approximately a third is currently collected for recycling, with the remainder either landfilled, incinerated or dumped, polluting vulnerable ecosystems.
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