Reportedly, 250 organizations made the pledge, including numerous world's biggest packaging producers, retailers, leading consumer brands and recyclers, as well as governments and non-governmental organizations.
This is just one step on what will be a challenging journey, but one that can lead to huge benefits for society, the economy and the environment.
"I encourage all businesses and governments to go further and embark on a race to the top in the creation of a circular economy for plastic".
PepsiCo said it had made a number of pledges in a bid to "build a PepsiCo where plastics need never become waste". Signatories include companies representing 20 percent of all plastic packaging produced globally, as well as governments, NGOs, universities, industry associations, investors and other organizations.
An estimated 8.3 billion tonnes of plastic had been produced since the early 1950s, with 60% of it ending up in landfills or the natural environment. The AQUA brand also pledged to recover more plastic than it uses in Indonesia, including through interception of marine littering.
Targets will be reviewed every 18 months and businesses will publish annual data on their progress to ensure transparency and momentum, organisers said. "They can simply continue with business as usual after signing the commitment", Greenpeace said in a news release.
"Plastic waste is one of the greatest environmental challenges facing the world", said United Kingdom environment secretary Michael Gove.
"Whilst plasticpollution has grasped the public's attention recently, it is vital that we work together to come up with long-term solutions that will not have any unintended negative impact on the environment".
The Ellen MacArthur Foundation started its research on plasticpollution four years ago. No other reproduction or distribution is permitted without prior written consent.
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