Total today participates in the creation of an alliance of global companies from the plastics and consumer goods value chain to advance solutions to help end plastic waste in the environment, especially in the ocean.
The cross value chain Alliance to End Plastic Waste, currently made up of nearly thirty member companies located throughout the world, has committed over $1.0 billion with the goal of investing $1.5 billion over the next five years to help end plastic waste in the environment. The Alliance will develop and bring to scale solutions that will minimize and manage plastic waste and promote solutions for used plastics by helping to enable a circular economy.
“By contributing to the lightening of materials, plastics improve the energy efficiency of our everyday products and reduce our CO2 emissions. However, it is critical to improve the management of their end-of-life to ensure that they do not end up in the environment”, said Bernard Pinatel, President Refining & Chemicals of Total and member of the Executive Committee of the Alliance. “Being a founding member of the Alliance is obvious for Total, whose ambition is to become the responsible energy major. The actions of the Alliance will complement our own efforts to improve the energy efficiency of our products, to develop recycling and to produce bioplastics.”
The Alliance is a not-for-profit organization that includes companies that make, use, sell, process, collect, and recycle plastics. This includes chemical and plastic manufacturers, consumer goods companies, retailers, converters, and waste management companies, also known as the plastics value chain. The Alliance has been working with the World Business Council for Sustainable Development as a founding strategic partner.
The Alliance today also announced an initial set of projects and collaborations that reflect a range of solutions to help end plastic waste:
In the months ahead, the Alliance will make additional investments and drive progress in four key areas:
Research shows that nearly 80 percent of the plastic in oceans begins as litter on land, the vast majority of which travels to the sea down one of ten major rivers around the world – eight in Asia, two in Africa. Separate research shows that 60 percent of ocean plastics can be sourced to five countries in Southeast Asia.
The Alliance membership represents global companies and located throughout North and South America, Europe, Asia, Southeast Asia, Africa, and the Middle East. The following companies are the founding members of the Alliance: BASF, Berry Global, Braskem, Chevron Phillips Chemical Company LLC, Clariant, Covestro, Dow, DSM, ExxonMobil, Formosa Plastics Corporation, U.S.A., Henkel, LyondellBasell, Mitsubishi Chemical Holdings, Mitsui Chemicals, NOVA Chemicals, OxyChem, PolyOne, Procter & Gamble, Reliance Industries, SABIC, Sasol, SUEZ, Shell, SCG Chemicals, Sumitomo Chemical, Total, Veolia, and Versalis (Eni).
Date: Jan 16, 2019