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Bangkok Marriott Marquis Queen’s Park pushes the sustainability envelope
With growing awareness and consumer demand for responsible tourism, hotel chains are jumping on board the sustainable bandwagon by rolling out a variety of green initiatives and adopting more sustainable practices.
The circular economy solution to plastic pollution
The Ellen MacArthur Foundation’s perspective on Breaking the Plastic Wave: A Comprehensive Assessment of Pathways Towards Stopping Ocean Plastic Pollution by The Pew Charitable Trusts and SYSTEMIQ…
Plastic recycling a 45 billion industry in 2021 •
The global plastic recycling sector will be worth around US$ 45.5 billion this year, new market data reveals. The figure is expected to exceed US$ 65 billion by 2026, representing a compound annual growth rate of 7.5% during the forecast period. On a global scale, the Asia Pacific region is anticipated to lead the plastics recycling market, says a new report by Research & Markets. This is mainly thanks to rapid industrialisation and the importance of waste management in countries like China, Japan, and India. Other factors include a surge in automotive and textile production as well as a big appetite for plastics in the construction industry. By material, polyethylene terephthalate (PET) is believed to be the fastest-growing segment in the years to come. ‘It is cost-efficient in terms of its recycling process, has high flexibility, which makes it suitable for use in various industries ranging from packaging, textiles and plastic film, to moulded parts for cars and electronics,’ market analysts state.
Tax fashion brands to fund circular economy for garments, MPs urge
A group of MPs is calling on the UK Government to introduce policies which would see fashion brands pay a producer responsibility charge of 1p for every garment they produce, in addition to lower rates of tax for companies minimising the environmental footprint of their products.