MONTREAL – Coca-Cola, Walmart and other big multinationals pledged on Thursday to help reduce plastic pollution in the world’s oceans in support of a campaign by five of the G7 industrialized nations.
The United Kingdom, Canada, France, Germany and Italy, along with the European Union, signed the Ocean Plastics Charter at a leaders summit in Canada’s Charlevoix region in June.
The United States and Japan abstained but non-G7 nations Norway, Vietnam, Jamaica and the Seychelles are also backing the plan.
The nations aim to develop more viable alternatives to plastic packaging to ensure 100 percent of plastics are recyclable by 2030, and to work towards a goal of having all plastics be recycled and reused by 2040.
On the second day of a G7 ministerial meeting in Halifax, Nova Scotia, Canadian Environment Minister Catherine McKenna announced “a new partnership with businesses” to reduce plastic waste.
Backers include Loblaws, Walmart, Nestle Canada, IKEA, Dow Chemicals, the Coca-Cola Company, BASF Canada and A&W Canada.
Consumer goods company Unilever also announced that it was launching a nonprofit entity to reduce consumer and business waste, while Volvo upped its target to make 25 percent of the plastics in its cars recyclable by 2025.