Several companies in the cosmetics and personal care sector have signed on to support the Ellen MacArthur Foundation in its development of an online tool to help businesses measure and track their progress toward economic circularity.
Source: www.cosmeticsdesign.com
The Ferrero Group has announced its commitment plans to make all of its packaging 100% reusable, recyclable or compostable by 2025, according to its recently released Corporate Social Responsibility Report. The commitment referred to by the Italian confectionary company in its 10th CSR Report, entitled the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment was created in 2018, to help businesses and governments ‘to commit to a set of ambitious 2025 targets’.
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Key regions of Scotland, including Aberdeenshire, Tayside, Edinburgh and Glasgow could unlock up to £1bn through circular economy practices and principles, the report claimed. Aberdeenshire, for example, could generate more than £620m by overhauling waste management processes across key sectors, while Edinburgh-based breweries and distilleries could reap new benefits through reuse processes. First Minister Nicola Sturgeon said: “These reports show the exciting potential of a circular economy where reducing waste and investing in keeping materials in circulation for as long as possible can release an estimated £1bn of economic opportunities for Tayside, Aberdeen and Aberdeenshire. This demonstrates the overall scale of the opportunity for Scotland. “Scotland is already leading the way with its ambitious and challenging targets for recycling which are above and beyond the EU targets. However, we want the narrative to move beyond recycling to re-use, repair and remanufacturing of items. In this light, we are currently considering next steps for introducing a deposit return scheme which will help us achieve our ambitions.”
Scotland’s Zero Waste Plan was launched in 2010 and sets out the Scottish Government’s vision for a “zero-waste society”. It includes goals to achieve a 70% recycling rate for all waste, with a maximum of 5% sent to landfill by 2025. The report notes that the numerous breweries and distilleries in Edinburgh could add £1.2m to the economy each year by sending spent grain to be used for animal feed, anaerobic digestion and energy generation. In related news, Sturgeon has also unveiled the latest projects to receive support through the nation’s Circular Economy Investment Fund. More than £700,000 will be shared across three projects which aim to reuse household appliances in house clearances in Glasgow, recycle coffee grounds into bio-oils and deploy 3D metal printing technology.
Read the full article at: www.edie.net
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