Anti-Plastic campaign

Every 30 seconds the UK throws away 2 doubledecker loads of plastic and one person dies from diseases caused by mismanaged waste.

Tearfund, No Time to Waste campaign

Tearfund ran the No Time to Waste campaign from May 2019 to May 2020 with the aim to pressure four of the biggest generators of plastic waste; Coca-Cola, Nestlé, PepsiCo and Unilever to clean up their act. The aim was to get them to make four commitments to; Report, Reduce, Recycle and Restore. The Altor Foundation is proud to have provided a tenth of the budget for this campaign.

The aims of the campaign were to get the four companies to:

  • Report, by 2020, on the number of units of single-use plastic products they use and sell in each country.
  • Reduce this amount by half, country by country, by 2025, and instead use
    environmentally sustainable delivery methods such as refillable or reusable containers.
  • Recycle the single-use plastics they sell in developing countries, ensuring that by 2022 one is collected for every one sold. This means ensuring there are adequate systems for collection, re-use, recycling and composting in communities that currently lack these systems.
  • Restore dignity by working in partnership with waste pickers to create safe jobs.

Published by altorwealth

A full service advice and investment consultancy.

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