Associated tags: Circular economy, Recycling, City, Environment, Renewable energy, Consortium, Plastic
Locations: NORTH AMERICA, CANADA, ASIA, IOWA, MINNESOTA, JAPAN, NEW YORK, PH, DANAHER, UNITED STATES, NEW YORK CITY
Education,
Methane,
University College London,
PepsiCo,
Agitation,
Atlas,
Compost,
Growth,
Colgate-Palmolive,
Food,
UCL,
CMA,
Overalls,
ASTM International,
RRS,
Kraft Heinz,
Sustainability,
PLA,
Circular economy,
BPI,
WWF,
Research,
SPC,
CREF,
Target Corporation,
Western Michigan University,
WMU,
Recycling,
CFTP,
University,
FPI,
Consortium,
Environment,
Oxygen,
Foodservice NEW YORK, April 16, 2024 /PRNewswire/ -- Today, the Composting Consortium, an industry collaboration led by the Center for the Circular Economy at Closed Loop Partners, released a groundbreaking report that fills a critical data gap for the U.S. composting industry: how well does certified, food-contact compostable packaging actually break down in real-world composting facilities? The report, Breaking It Down: The Realities of Compostable Packaging Disintegration in Composting Systems, shares findings from an 18-month study––the largest known field test of certified, food-contact compostable packaging conducted in North America––revealing the realities of compostable plastic and fiber disintegration in diverse in-field composting conditions.
Key Points:
- The report, Breaking It Down: The Realities of Compostable Packaging Disintegration in Composting Systems , shares findings from an 18-month study––the largest known field test of certified, food-contact compostable packaging conducted in North America––revealing the realities of compostable plastic and fiber disintegration in diverse in-field composting conditions.
- In total, the study tested over 23,000 units of certified food-contact compostable packaging within large-scale industrial composting environments.
- This encompassed 31 types of fiber packaging & products and compostable plastic packaging & products––such as PLA and PHA––across 10 diverse composting facilities across the U.S.
- The findings point to the viability of certified food-contact compostable packaging as an alternative packaging solution to single-use conventional plastic packaging.
Architecture,
Research,
Life,
Reusable packaging,
City,
Intelligence,
Communication,
Habit,
Organization,
Restaurant,
Education,
Circular economy,
Reuse,
Recycling NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Today, Closed Loop Partners' Center for the Circular Economy ("the Center"), in collaboration with the U.S. Plastics Pact, published a first-of-its-kind report, Unpacking Customer Perspectives on Reusable Packaging, sharing new insights on customer behavior toward reuse in the U.S. The report seeks to understand customer attitudes, preferences and behaviors around reusable and refillable packaging solutions to help companies, cities and other key stakeholders navigate the current reuse landscape. To effectively address the global plastics waste challenge, we need widespread adoption of reuse systems. Understanding customer preferences is crucial for implementing successful solutions.
Key Points:
- To effectively address the global plastics waste challenge, we need widespread adoption of reuse systems.
- Since 2018, the Center for the Circular Economy has been testing diverse reusable packaging solutions in retail stores and restaurants.
- In 2023, the Center's Reuse Insights Lab collaborated with the U.S. Plastics Pact, engaging the customer bases of 16 innovators participating in the U.S. Plastics Pact's Reuse Catalyst Program .
- Based on surveys, interviews and an analysis of hundreds of customers using reusable packaging across the U.S., our methodology focused on early adopter behavior.
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Monday, December 11, 2023
Workforce,
Employment,
Partnership,
Life,
Recycling,
Collection,
Environment,
Target,
News,
General Mills,
Economic development,
Food packaging,
CNG,
Plastic,
Renewable energy Myplas USA, a South Africa–based plastics recycler, opened its mechanical recycling and pelletizing plant near Minneapolis, marking a major milestone for a collaborative effort among leading global businesses to catalyze a regional circular economy for flexible films and packaging materials in the Upper Midwest.
Key Points:
- Myplas USA, a South Africa–based plastics recycler, opened its mechanical recycling and pelletizing plant near Minneapolis, marking a major milestone for a collaborative effort among leading global businesses to catalyze a regional circular economy for flexible films and packaging materials in the Upper Midwest.
- “This is a very exciting day for Myplas as we open our U.S. headquarters and our first U.S. recycling facility in Minnesota,” said Andrew Pieterse, Myplas USA CEO.
- “It’s been a remarkable journey to help bring this vision to life, and we are proud to bring our expertise to this ground-breaking initiative.
- “Myplas now provides regionally appropriate recycling opportunities for this challenging material, and we are driving innovation to incorporate recycled resin into new film products.
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Thursday, November 2, 2023
Disposition,
Partnership,
Recycling,
McKinsey & Company,
Electronics,
Global warming potential,
Carbon,
Reusability,
EPA,
Tablet,
Growth,
Stranded asset,
Congressional Leadership Fund,
Biodegradable waste,
Climate,
Electronic waste,
Renewable energy,
COLUMBUS,
Sage COLUMBUS, Ohio, Nov. 1, 2023 /PRNewswire/ -- Today, circular economy-focused investment firm Closed Loop Partners joins forces with leading IT Asset Management and Disposition provider, Sage Sustainable Electronics, as a majority shareholder in the company. The investment from Closed Loop Partners' buyout private equity fund, the Closed Loop Leadership Fund, is taking place at a critical time, amidst the rapid growth of electronic waste, increasing corporate commitments around e-waste management and rising demand for increased transparency and data security in the IT Asset Disposition (ITAD) industry. The strategic partnership aims to accelerate the growth of Sage Sustainable Electronics and strengthen its position as a leading provider of sustainable ITAD services in North America.
Key Points:
- Amidst the rapid growth of e-waste, Closed Loop Partners acquires majority stake in Midwest-based ITAD provider, Sage Sustainable Electronics, to advance electronics reuse and recovery
COLUMBUS, Ohio, Nov. 1, 2023 /PRNewswire/ -- Today, circular economy-focused investment firm Closed Loop Partners joins forces with leading IT Asset Management and Disposition provider, Sage Sustainable Electronics, as a majority shareholder in the company.
- The strategic partnership aims to accelerate the growth of Sage Sustainable Electronics and strengthen its position as a leading provider of sustainable ITAD services in North America.
- Houghton, a leading expert in the ITAD industry said of the partnership, "we're absolutely thrilled to join forces with Closed Loop Partners.
- "We are proud to partner with the Sage team and support their continued growth as one of the leading IT Asset Disposition providers in North America."
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Wednesday, November 1, 2023
JDE,
Macdonald,
The Wendy's Company,
PepsiCo,
The Coca-Cola Company,
Yum,
Environment,
City,
Loop,
FPI,
Starbucks,
Recovery,
Recycling,
Collection,
Foodservice,
McDonald's,
JDE Peet's,
Finca,
Circular economy,
Commodity plastics NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Today, the NextGen Consortium, a leading industry collaboration managed by Closed Loop Partners, with partner brands including Starbucks, McDonald's, The Coca-Cola Company, PepsiCo, JDE Peet's, The Wendy's Company and Yum! Brands, released a report with new findings to accelerate paper cup recycling in the U.S. The report, Closing the Loop on Cups: Collective Action to Advance the Recovery of Paper Cups in the U.S., assesses the role of each stakeholder across the paper cup recovery value chain––including paper mills, materials recovery facilities (MRFs), brands, consumers and local communities––and provides recommended actions to increase paper cup recovery opportunities and advance a more circular system.
Key Points:
- Brands, released a report with new findings to accelerate paper cup recycling in the U.S.
- In this report, the NextGen Consortium focuses on the need to strengthen existing materials recovery and recycling infrastructure systems to recapture more paper cups.
- Recovering and recycling paper cups ensures the value embodied in paper cups—primarily comprised of fiber and a plastic liner—is recovered, rather than wasted in landfill.
- While the challenges for paper cup recovery and recycling are significant, collaboration among various stakeholders involved in paper cup recovery can help address its scale and complexity.
Plastic,
Partnership,
PE,
SMBC,
SK,
Dow,
Chevron Phillips Chemical,
LyondellBasell,
Nova Chemicals,
Sumitomo Mitsui Banking Corporation,
Recycling,
Global warming potential,
Investment,
PP,
Municipal solid waste,
City,
Society,
Automation,
SEE,
Renewable energy,
Bank NEW YORK, May 30, 2023 /PRNewswire/ -- Closed Loop Partners announced a $10 million investment in its Closed Loop Circular Plastics Fund from Japanese multinational banking and financial services institution Sumitomo Mitsui Banking Corporation (SMBC).
Key Points:
- NEW YORK, May 30, 2023 /PRNewswire/ -- Closed Loop Partners announced a $10 million investment in its Closed Loop Circular Plastics Fund from Japanese multinational banking and financial services institution Sumitomo Mitsui Banking Corporation (SMBC).
- The Closed Loop Circular Plastics Fund is a key part of Closed Loop Partners' broader strategy to reduce, reuse and recycle plastics in a circular economy.
- This collaborative effort is key to advancing the recovery and recycling of plastics in the U.S. and Canada, at scale.
- "The Closed Loop Circular Plastics Fund is a specialty strategy within our Closed Loop Infrastructure Group.
Learning,
Kroger,
Pharmacy,
Transformation,
Consortium,
Social impact,
Senior,
Marshalls,
Corporate social responsibility,
Marketing,
Culture,
Health,
Chief sustainability officer,
We Bring Good Things to Life,
Bag,
Military Open Simulator Enterprise Strategy,
Dick's Sporting Goods,
Research,
CVS Pharmacy,
Behavior,
Circular economy,
CO,
Ulta,
HomeGoods,
Sustainability,
TJX,
River,
CVS Health,
Ulta Beauty,
SVP,
Environment,
Playbook,
Recycling,
Management,
Target NEW YORK, May 1, 2023 /PRNewswire/ -- National retailers and local mom-and-pop shops across Denver, CO and Tucson, AZ join forces in the new 'Bring Your Own Bag' Pilot, a first-of-its-kind initiative launched by the Consortium to Reinvent the Retail Bag, managed by Closed Loop Partners. Many national brands in the U.S., including Consortium partners CVS Health; Target; DICK'S Sporting Goods; Dollar General; The Kroger Co., through local King Soopers & Fry's stores; TJX, through local T.J. Maxx, Marshalls and HomeGoods stores; and Ulta Beauty, will simultaneously test bag reduction solutions alongside local mom-and-pop shops to determine whether collective retailer action can drive a broader cultural shift, where bringing your own reusable bag becomes the norm wherever customers shop.
Key Points:
- This pilot to reduce single-use plastic waste is taking place at a critical time.
- Today, it is estimated that 100 billion plastic bags are used annually in the U.S. and fewer than 10% are recycled.
- Based on pilot results, the Consortium will explore scaling these low-cost, easy to implement strategies, catalyzing a national cultural shift around reuse.
- "I am grateful to all of the Tucson retailers who are participating in this pilot campaign," said Tucson Mayor Regina Romero.
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Wednesday, April 19, 2023
Learning,
Pharmacy,
Consortium,
Corporate social responsibility,
Marketing,
Partner,
Policy,
Health,
Chief sustainability officer,
Ontario Deposit Return Program,
Dick's Sporting Goods,
Research,
Aircraft,
CVS Pharmacy,
Circular economy,
Fortune 500,
TJX,
City,
Ecosystem,
CVS Health,
SVP,
Playbook,
Ulta Beauty,
Legislation,
Recycling,
Online shopping,
Target NEW YORK, April 19, 2023 /PRNewswire/ -- The Consortium to Reinvent the Retail Bag, managed by Closed Loop Partners, today announced its largest piloting initiative to date with two reusable bag pilots in three states, with multiple retailers including Consortium Founding Partners CVS Health and Target, as well as Sector Lead Partners DICK'S Sporting Goods, Dollar General, The Kroger Co., TJX and Ulta Beauty. Building on three years of insights, research and in-market tests, the Consortium is bringing its holistic approach to reduce single-use plastic bag waste to ambitious in-market interventions. The two complementary pilots will take place in over 150 stores, collectively engaging national retailers and local shops to test a range of solutions that aim to support customers in adopting reuse.
Key Points:
- Building on three years of insights, research and in-market tests, the Consortium is bringing its holistic approach to reduce single-use plastic bag waste to ambitious in-market interventions.
- Participating retailers include seven national brands––CVS Health, Target, DICK'S Sporting Goods, Dollar General, The Kroger Co., TJX and Ulta Beauty.
- The Consortium is also engaging retailers beyond the Consortium, from mom-and-pop shops to large brands, to reach even more local residents.
- As a complement to the Bring Your Own Bag Pilot, the Consortium's second pilot, the Returnable Bag Pilot , will test a new reusable bag solution to serve customers when they forget to bring their own reusable bags to stores.
City,
Electronics,
Critical Ecosystem Partnership Fund,
Microsoft,
Recycling,
CSO,
Electronic waste,
Corporation,
Starbucks,
Investment,
SK,
Brookfield Renewable Partners,
Plastic,
State,
PepsiCo,
Textile,
SK Group,
Collection,
Rail transport,
Unilever NEW YORK, March 16, 2023 /PRNewswire/ -- In late 2022, Closed Loop Partners and Brookfield Renewable ("Brookfield") announced the establishment of Circular Services, a leading developer of circular economy and recycling infrastructure in the United States.
Key Points:
- NEW YORK, March 16, 2023 /PRNewswire/ -- In late 2022, Closed Loop Partners and Brookfield Renewable ("Brookfield") announced the establishment of Circular Services, a leading developer of circular economy and recycling infrastructure in the United States.
- Today, Closed Loop Partners announces that six leading companies, Microsoft, Nestlé, PepsiCo, SK Group, Starbucks and Unilever, are joining Brookfield to invest in scaling circular economy infrastructure and services.
- The companies investing in Circular Services, each one committed to advancing the circular economy, are collectively demonstrating the power of both collaboration and targeted investments to accelerate the transition from a linear to a circular economy.
- We're excited to work alongside other leading companies to advance Circular Services and help chart a path to a circular economy."
NEW YORK, March 14, 2023 /PRNewswire/ -- Closed Loop Partners' Center for the Circular Economy and its Consortium to Reinvent the Retail Bag released a new playbook to provide near-term single-use bag reduction wins that can be implemented by any retailer–– from small local stores to large national brands. The resource highlights effective solutions to reduce the number of bags needed by retailers and encourage the use of reusable bags customers already have at home. Key insights from the playbook are based on research, interviews, surveys and learnings from 17 of the world's leading retailers across four key categories: communications, employee training, bag and fixture design, and customer incentives.
Key Points:
- The playbook highlights 25 strategies across these four categories that cater to retailers who are at different stages of their journey.
- The playbook insights are the product of a first-of-its-kind collaboration among Closed Loop Partners and many of the world's leading retailers, including 14 retail partners in the Consortium to Reinvent the Retail Bag and three external retailers.
- Experts from Closed Loop Partners led the creation of the playbook, supported by retail consultancy, McMillanDoolittle, who performed quantitative and qualitative surveys and deep-dive interviews with retailers, supplemented with secondary research and analysis.
- We hope these insights serve as an inspiration to retailers looking to reduce their plastic footprint and deploy bag reduction solutions."
