A coalition of 21 global CEOs, including leaders from PepsiCo, Unilever, and Mars Inc., has issued a fervent plea for governments to unite behind a binding global treaty to address the escalating plastic pollution crisis. The urgent call comes ahead of crucial UN treaty negotiations in Busan, South Korea next month.
The business leaders argue that voluntary measures alone are insufficient to tackle the immense challenge posed by plastic waste. They advocate for a robust treaty with enforceable global rules to harmonize policies, strengthen national legislation, and empower businesses to scale proven solutions, particularly in packaging.
The letter emphasizes the need for global criteria to identify and phase out harmful chemicals, promote circular product design, and establish common standards for extended producer responsibility (EPR) schemes. Additionally, the coalition calls for a strong governing body with the authority to strengthen the treaty over time.
John Duncan, co-chair of the Business Coalition for a Global Plastics Treaty, underscored the multifaceted benefits of a global approach: “A treaty with global rules is good for the planet, good for business, and good for governments.” He explained that such a framework would streamline operations, foster economies of scale, and reduce long-term costs for businesses. Moreover, it would create new opportunities for reuse and revitalize the waste management industry.
Duncan expressed optimism about the upcoming negotiations, noting that a significant number of countries share the common goal of eliminating problematic and avoidable plastics, as well as harmful chemicals. He highlighted the importance of global product design standards and consistent EPR principles to ensure a level playing field for businesses.
PepsiCo CEO Ramon Laguarta emphasized the pivotal role of well-designed EPR programs in driving infrastructure investment and encouraging broader adoption of sustainable practices. He urged governments to collaborate on a set of global principles to facilitate worldwide implementation.
Tove Andersen, CEO of TOMRA, a leading provider of recycling and waste management solutions, described the upcoming negotiations as a historic opportunity to forge a global consensus on . She underscored the desire of global businesses to contribute to the solution and the need for clear, standardized regulations to create a fair competitive environment.