Nestlé, Borealis and Walmart join the New Plastics Economy

Nestlé, Borealis and Walmart have become part of the core partners group for the New Plastics Economy, an initiative that brings together key stakeholders to rethink and redesign the future of plastics.

Joining the nine existing core partners, Nestlé, Borealis and Walmart will now work towards building and scaling a circular economy in which plastics never becomes waste.

“Collaboration and collective action are critical to achieving system-wide change to the way we think about and engage with plastics,” said Véronique Cremades-Mathis, global head of sustainable packaging at Nestlé. “We don’t want any of our packaging, including plastics, to become waste or pollution. The New Plastics Economy initiative represents an important catalyst on the journey to achieving a circular economy for plastics.”

The three companies have also signed the New Plastics Economy Global Commitment, which unites more than 400 organisations behind a common vision and set of targets to address plastics waste and pollution at its source.