EY Global Joins Alliance to End Plastic Waste
Multinational professional services network Ernst & Young Global Limited, doing business as EY, has joined the Alliance to End Plastic Waste.
According to the UK-based company, EY experience across chemicals, manufacturing, supply chain and finance, would help the alliance – an industry-founded and funded non-governmental and non-profit organization based in Singapore – develop more effective environmental, social and governance (ESG) measurement criteria for its work on the ground, which will help it “to catalyze funding for alliance-led projects”. Clear and consistent metrics would form the foundation of sustainable, commercially viable business models that can be scaled for greater impact. Along with its global network of members and partners, the Alliance to End Plastic Waste has built a portfolio of over 35 ongoing projects in 29 countries to support the transition to a circular economy for plastics. The focus is on testing and accelerating solutions to improve the collection, sorting, processing, and recycling of plastic waste – because three billion people worldwide still do not have access to proper waste management services. “EY work will contribute to developing innovative and self-sustaining infrastructure systems that can be owned and operated by the communities they benefit,” the worldwide active network gave account.
(Published in GLOBAL RECYCLING Magazine 2/2022, Page 14, Photo: kakuko / pixabay.com)
