(Bloomberg Law) -- Starbucks Corp.'s board is pushing back against a coffee-cup recycling proposal from shareholders worried about ocean pollution.
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Plastic is a hot topic in Davos this week and more big-name companies are stepping up commitments to reducing plastic waste -- playing catch-up to other industry leaders.
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In what is being billed as the largest-ever effort of its kind, 28 companies have formed the Alliance to End Plastic Waste, which plans to invest up to $1.5 billion over the next five years on projects to keep plastic trash out of the ocean.
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MIDLAND, MICH — Dow Chemical Co. is forming a global alliance with 30 other companies to focus on reducing plastic waste that ends up in the oceans and the environment.
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With more plastics piling into rivers and oceans, several of the world's biggest plastic chemical manufacturers are joining together in an industry-led effort to curb plastic waste.
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As You Sow has filed resolutions with Chevron Corp., DowDupont Inc., Exxon Mobil Corp. and Phillips 66 asking them to disclose how many nurdles escape their production process each year, and how effectively they’re addressing the issue.
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Environmentalists have identified another threat to the planet. It’s called a nurdle.
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Bottled water is America's most popular beverage, dethroning carbonated soft drinks in 2016. Sales have soared in recent years because of consumer worries about tap water quality and concerns about sugary drinks.
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Faced with relentless campaigning and mounting public concern about plastic pollution, soft drinks companies have no choice but to act to mitigate the environmental impact of their packaging.
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Packaging designer Ryan Gaither believes in the power of cardboard.
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More than 290 companies and groups, including some of the world’s largest consumer goods makers and plastics packaging firms, signed on to a plan Oct. 29 from the Ellen MacArthur Foundation to make their packaging much more environmentally friendly.
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Concern over plastic marine pollution and waste among institutional investors has grown sharply over the last 18 months, according to the organizer of a $1 trillion campaign to pressure major consumer brands to reduce their plastics use.
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Although this announcement from Mondelez is an ambitious sustainability initiative, the CPG maker said it has already made its packaging more environmentally friendly. The company said most of its packaging is currently recyclable, since about 75% of it is glass, paper or metal, and about 70% of the paper-based packaging comes from recycled sources. Oreo packages in the U.S. were also made 23% thinner, reducing about 1.5 million kilograms of cartons used annually. These efforts could indicate that the brand is on track to follow through with its lofty goals.
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California has fired another volley in the plastic-straw wars, enacting a law that bars sit-down restaurants from offering straws to diners unless they specifically request them. The move follows total bans on plastic straws in cities including San Francisco; Malibu, California; Seattle; and Miami Beach, Florida.
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Increasingly, it seems like it’s supporting expanding bottle deposit programs. But big beverage companies want any solution but that.
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In a Fortune op-ed touting her company's use of recycled content and $55 million investment in recycling over the past 10 years, PepsiCo CEO Indra Nooyi also recognized "that these efforts are simply not enough." Groups such as Greenpeace and As You Sow, were quick to release statements about why they don't believe this latest investment is enough either.
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A proposal by advocacy group As You Sow (Oakland, CA) was presented and voted on by shareholders in March asking Starbucks to phase out plastic straws. It received less than 30% support, but As You Sow considered it a victory.
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It’s estimated that more than 500 million plastic straws are used per day in the U.S. But that number could be about to plunge as big corporations like Starbucks (SBUX) start to eliminate them.
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“Starbucks taught the world how to drink coffee, and I believe that this commitment will help teach the world how to embrace sustainable business practices, starting with the plastic straw,” actor Adrian Grenier, Lonely Whale co-founder, said Monday.
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With Starbucks responsible for using an estimated 2 billion plastic straws annually, according to the nonprofit As You Sow, the company’s commitment to finding a way to reduce its reliance on them sends a strong signal to other businesses.
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