Our future prosperity depends on the health of the natural environment, but poor waste management is taking a heavy toll on essential ecosystems. Sarasin & Partners aims to accelerate the creation of circular economies by working with companies and policymakers to reduce use of plastics, while promoting recycling and reuse.
Alongside other like-minded financial organisations, we recently signed the FinanceStatement on Plastic Pollution to call for an ambitious plastics treaty ahead of the fourth round of international negotiations (#INC4) taking place in Canada.
The statement calls for an international treaty on plastics that:
- Is supported by binding rules and obligations for governments to address the full life cycle of plastic
- Is based on a scientific approach
- Creates a framework to align all economic participants with its objectives.
This would enable the financial sector to make more informed, policy-driven decisions about their activities in relation to the plastics value chain.
Signed by 160 financial organisations from 29 countries and representing $15.5 USD of assets, the Finance Statement on Plastic Pollution is a joint initiative from UNEP FI, the Principles for Responsible Investment, Finance for Biodiversity Foundation, the Business Coalition for a Global Plastics Treaty, the Dutch Association of Investors for Sustainable Development (VBDO) and CDP. Read more.
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