Nestle’s plastic recycling pledge to impact packaging materials market

Joining the growing list of globally-renowned firms who are pledging to cut down their reliance on single-use plastics, the food and beverage giant Nestle has announced to make all of its packaging reusable or recyclable by the year 2025. As per reliable sources, the Switzerland based company aims to ensure that none of its packaging material should end up in landfill, seas, waterways, or oceans.

Sources familiar with the decision stated that the firm would focus on three vital areas which includes eliminating or altering complex combinations of packaging materials, encourage the usage of plastics that would aid in recycling rates, and eliminate non-recyclable plastics. Experts speculate that the latest decision of Nestle would have a major impact on the overall packaging materials industry.

The food and beverages multinational further aims to play an active role in developing a robust collection, sorting, and recycling procedures in the nation where it operates. As the need for devising a circular economy has garnered increased traction across the biodegradable packaging industry, Nestle wishes to work closely with industry associations and value chain partners to find new packaging solutions to lower its plastic utilization.

Speaking on the firm’s pledge, CEO of Nestle, Mark Schneider was quoted stating that tackling plastic waste needs a cooperative approach as it has turned out to be one of the most pressing issues the world has been facing lately. He further stated that the firm is committed to achieve 100 per cent reusable or recyclable packaging by 2025 and aims to find improved solutions to reduce plastic waste over the ensuing years.

Reportedly, Nestle further plans to label its plastic product packaging with recycling guidelines to assist customers dispose of waste in the appropriate way. This move would encourage other food and beverage industry players to contribute their bit in transforming the packaging materials market, cite experts.