AS SIGNATORIES OF THIS MANIFESTO, WE CALL ON UNITED NATIONS MEMBER STATES TO COMMIT TO THE DEVELOPMENT OF A GLOBAL TREATY ON PLASTIC POLLUTION.
While plastic plays an important role in our lives and brings many benefits, despite ongoing efforts, much of it ends up as waste in incinerators, landfills and the environment. Every year, millions of tons of plastic leak into the environment, and mounting evidence shows this problem will continue to grow unless we fundamentally rethink the way we produce, use, reuse, and dispose of plastic.
We recognize that we have a role in the global effort aimed at stopping plastic pollution and are committed to tackling this issue. We have set concrete targets to create a circular economy for plastics and address this challenge through voluntary initiatives, such as the New Plastics Economy Global Commitment and Plastics Pacts, ReSource: Plastic, and many others.* However, these actions alone cannot solve this issue. A coordinated international response is needed, one that aligns businesses and governments behind a shared understanding of the causes of plastic pollution, and a clear approach to addressing them.
We believe that by harmonizing regulatory standards, mandating the development of national targets and action plans, defining common metrics and methodologies, and supporting innovation and infrastructure development, a UN treaty on plastic pollution can help drive the transition to a circular economy for plastic—at speed and scale.
THE BUSINESS IMPERATIVE IS CLEAR: we must work together to solve this problem. Therefore, we urge the member states of the United Nations to urgently commence negotiations on a treaty on plastic pollution. There is no time to waste.
*In the case of financial institutions, we are committed to responsible investment practices that support a circular economy for plastics.
To find out more about what a UN Treaty on Plastic Pollution could mean for business, download the Business Case for a UN Treaty on Plastic Pollution
If your company would like to support the call for a Global Treaty on Plastic Pollution, please complete the form below