Join us in creating a truly circular economy for plastic

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Bantam Materials is a Business Reporter client

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We all live in difficult times, and cost reduction is undoubtedly high on the agenda of every company. For short-sighted businesses concerned only with short-term results, sustainable operations, which some still consider “good to have”, may well be the first to go down the drain. And yet we continue to focus on sustainable solutions that will help protect against similar periods of volatility in the future. That’s why we invite the plastic industry, legislators and stakeholders to meet with us to find out what’s possible when it comes to recycling.

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Being future-oriented and building infrastructure that will positively impact people and the planet was the idea behind launching our Ocean Plastic Prevention program in Africa. We have already prevented over a billion bottles from entering the ocean in Southeast Asia, Central America and South America alone since our launch in 2019. And this new program will help us speed up the process to stop another one billion bottles over the next 18 months. one.

Prevented Ocean Plastic is high quality, certified and traceable plastic recycled from plastic waste collected from coastal areas at risk of ocean pollution. The process uses old assemblies in place of new assemblies to promote a circular economy in which plastic retains its value and does not become trash, and reduces the carbon footprint associated with new plastic production.

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The program in Africa will collect plastic from the Swahili and coastal regions of North Africa, including the Nile region, which are most at risk of plastic pollution. The program will collect plastic from areas of North Africa where there is little to no recycling infrastructure.

The program not only has clear environmental benefits, but also helps support economies around the world by creating income and employment opportunities for those working in the formal and informal waste sector abroad. In Africa, where the program will divert up to 5,000 tons of plastic per year from the ocean, Prevented Ocean Plastic will provide fair paid and supervised jobs for pickers and those who work at the recycling center. We have seen poverty in countries at risk of plastic pollution and we know that a safe and secure income can be life-changing.

Win-win opportunities like ours are everywhere. Our recycled plastic is used by well-known brands and retailers in the UK, enabling them to meet increasingly demanding stakeholders, achieve sustainability goals and comply with laws such as the plastic packaging tax. And it also meets the growing consumer demand. In terms of packaging, 90% of British adults now believe that plastic waste should be used to create a useful resource, and 62% of shoppers are actively choosing products that are packaged in a more sustainable way. There is no shortage of similar statistics for other sectors.

With COP27 approaching and G20 approaching, I encourage all decision makers, regulators and officials to meet with us to learn more about what is possible in terms of innovation and scale – without massive investment – when sustainable solutions are applied to problems, which we are facing.

Recent global events have really shown how interconnected we are all. Everything we do, manufacture, buy and use has an impact far beyond our immediate sphere. We need to keep this in mind as we consider the major challenges facing our industries and find ways to harness these fluctuations for the benefit of people and the planet. And as many studies show, this, in turn, will positively affect profits through lower operating costs, easier compliance with legislation, improved investor relations, increased competitiveness, and so on. Now is not the time to give up these opportunities.

For more information, please visit: www.bantamltd.com.

Originally posted on business reporter

Credit: www.independent.co.uk /

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