How Corporations Are Taking Over Global Recycling Day And Turning It Into The ‘New Normal’

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Despite current challenges, the global recycling market is projected to rise to $530 billion in value by 2025, according to the AMCS group. However, such growth would not be possible without cooperation between the corporate and nonprofit sectors. This cooperation is exactly what the proponents of Global Recycling Day hope to develop even further. With the help of the global governments and their citizens, nonprofits and corporations are being encouraged to push the envelope with more ambitious recycling plans. If executed correctly, such plans can potentially halve the amount of waste we throw away.

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Global Companies Renew Their Resolve To Recycle

This year’s Global Recycling Day focused on laying out the ways global partners can work together to increase worldwide sustainability. A main point of agreement was that the world’s damaged economy needed to be rebuilt, this time centered around recycling and green energy. Extra emphasis on reducing packaging waste was given, seeing as it comprises 40 percent of all plastic pollution, according to National Geographic. Coca-Cola is one example of a company that is doubling down on its commitment to the green cause. It is currently working with its bottling partners to arrange recollection drives for bottles and cans. Coca-Cola intends to cooperate with local governments to make recycling readily available, even in areas with less-developed waste disposal systems. With these measures, they hope to be able to recycle 100% of their bottles and cans and use 50% recycled material in their packaging by 2030.

Citizens To Play Their Part

The role of communities in this global drive cannot be understated. While many programs are being planned to make recycling easier, it ultimately comes down to individual initiatives. Citizens are encouraged to work with their governments to “close the loop”, so to speak, on a business’ material cycle. That is to say, help them repurpose their trash into new materials to potentially eliminate waste altogether. Extended Producer Responsibility is the overarching concept that holds companies to the obligation of recycling. But it can only go so far, with finite resources and manpower. Hence, the proponents of this year’s Global Recycling Day encourage individuals, especially business owners, to seek out their own means of recycling if no corporate-sponsored channels are available. Even if one defaults to selling their scrap to recycling facilities, they can still get a good return on their investment, according to Texas-based company Gardner Metal Recycling.

Link The Efforts Of Corporations And Consumers

For so-called circular economies to be viable on the continental and eventually the worldwide scale, coordination with governments is paramount. Establishing regulatory bodies will be the main way governments can enforce the green initiative. They can do this by creating standards for packaging material, as well as legislate incentives and policies that direct entities to recycle. They can also foster waste management partnerships between the public and private sectors.

A more sustainable world can only be reached through cooperation between all sectors of society. With financial support from corporations, regulation and overseeing from governments, and initiative from private citizens, the goal of a 100 percent recycling rate is perfectly achievable.

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How Corporations Are Taking Over Global Recycling Day And Turning It Into The 'New Normal'
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A more sustainable world can only be reached through cooperation between all sectors of society.
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