Mondelez in Favor of New Federal Plastics Recycling Policy
By Micah Maidenberg
Mondelez International Inc. on Thursday said it was in favor of
a "reasonable" new federal recycling policy focused in part on the
kind of plastic wraps it uses to package its Oreos and a number of
its other snacks.
Such flexible films are commonly used by consumer-product
manufacturers as packaging. But they aren't easy to reuse once
consumers are done with them.
"Compared to rigid plastics like PET, flexible plastic films,
like the flow wraps we use on our snacks, are still difficult to
collect, sort and reprocess economically," Mondelez Impact Chief
Christine Montenegro McGrath said.
The snack maker said it supported what it called a reasonable
new policy in the U.S. that would create what is called extended
producer responsibility for such packaging.
Under such efforts, governments give manufacturers financial or
physical responsibility for treating or disposing of such products
after consumers use them, according to a definition from the
Organisation for Economic Co-operation and Development.
Right now, the infrastructure to deal with flexible plastic
wraps doesn't exist at scale, Ms. McGrath said. Mondelez added that
the federal approach it supports would address other forms of
plastic, in addition to flexible packaging.
Across its portfolio of products, the company has set a goal of
cutting its use of virgin plastic by 5% by 2025, assuming a stable
Advocates for years have pushed consumer-product companies to do
more to address waste tied to their products, improve their supply
chains and address sustainability issues. Some investors have also
been refocusing on such issues.
Write to Micah Maidenberg at firstname.lastname@example.org
(END) Dow Jones Newswires
March 04, 2021 10:30 ET (15:30 GMT)
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