STOCK TITAN

Plastics and Planet: Enabling a Sustainable Future

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Plastic pollution is a critical issue, and the industry is committed to solving the problem. Plastics play a positive role in society, supporting modern life, the energy transition, food preservation, and healthcare. Embracing a circular economy is important to ending new plastic pollution. The company advocates for a global agreement to reduce plastic leakage and supports United Nations' efforts. Collaboration across the value chain is essential to address this global challenge.

L'inquinamento da plastica è un problema critico e l'industria si impegna a risolvere la questione. I materiali plastici svolgono un ruolo positivo nella società, supportando la vita moderna, la transizione energetica, la conservazione degli alimenti e la sanità. Adottare un'economia circolare è fondamentale per fermare il nuovo inquinamento da plastica. L'azienda sostiene un accordo globale per ridurre le perdite di plastica e appoggia gli sforzi delle Nazioni Unite. La collaborazione lungo tutta la catena di valore è essenziale per affrontare questa sfida globale.
La contaminación por plásticos es un asunto crítico y la industria está comprometida con resolver este problema. Los plásticos juegan un papel positivo en la sociedad, apoyando la vida moderna, la transición energética, la conservación de alimentos y la atención sanitaria. Es importante abrazar una economía circular para poner fin a la nueva contaminación plástica. La compañía aboga por un acuerdo global para reducir el escape de plásticos y apoya los esfuerzos de las Naciones Unidas. La colaboración a lo largo de la cadena de valor es esencial para enfrentar este desafío global.
플라스틱 오염은 심각한 문제이며, 해당 산업은 이 문제를 해결하기 위해 노력하고 있습니다. 플라스틱은 현대 생활, 에너지 전환, 식품 보존 및 의료 지원에서 긍정적인 역할을 합니다. 새로운 플라스틱 오염을 종식시키기 위해 순환 경제를 채택하는 것이 중요합니다. 이 회사는 플라스틱 유출을 줄이기 위한 글로벌 협약을 지지하고 유엔의 노력을 지원합니다. 가치 사슬 전반에 걸친 협력은 이 글로벌 도전을 해결하기 위해 필수적입니다.
La pollution plastique est un problème critique et l'industrie s'engage à résoudre ce problème. Les plastiques jouent un rôle positif dans la société, soutenant la vie moderne, la transition énergétique, la conservation des aliments et les soins de santé. Adopter une économie circulaire est important pour mettre fin à la nouvelle pollution plastique. L'entreprise plaide pour un accord mondial afin de réduire les fuites de plastique et soutient les efforts des Nations Unies. La collaboration tout au long de la chaîne de valeur est essentielle pour relever ce défi mondial.
Plastikverschmutzung ist ein kritisches Problem und die Industrie ist entschlossen, dieses Problem zu lösen. Kunststoffe spielen eine positive Rolle in der Gesellschaft, sie unterstützen das moderne Leben, den Energieübergang, die Lebensmittelkonservierung und das Gesundheitswesen. Es ist wichtig, eine Kreislaufwirtschaft zu fördern, um neue Plastikverschmutzungen zu beenden. Das Unternehmen befürwortet eine globale Vereinbarung zur Reduzierung von Plastikaustritt und unterstützt die Bemühungen der Vereinten Nationen. Zusammenarbeit entlang der Wertschöpfungskette ist entscheidend, um diese globale Herausforderung anzugehen.
Positive
  • Plastics play a important role in supporting modern life, the energy transition, food preservation, and healthcare.

  • Embracing a circular economy can help preserve natural resources, reduce greenhouse gas emissions, and create jobs.

  • The company supports the United Nations' ambition to end plastic pollution and advocates for innovative solutions.

Negative
  • Plastic pollution remains a significant challenge that requires collaborative efforts to overcome.

  • There is a need for more effective public policies to promote demand for recycled content and recycling infrastructure.

By Tracey Campbell, EVP Sustainability and Corporate Affairs

NORTHAMPTON, MA / ACCESSWIRE / April 30, 2024 / Plastic pollution is a critical issue, and we recognize our industry has an important role to play in solving the problem. Today, on Earth Day, we are all reminded of our responsibility to safeguard and protect our planet and there is undoubtedly a need for industry to move faster.

Framing plastics as an adversary to the planet ignores the positive role which plastics play in society, the promise of a circular economy, and the active role producers are playing to enable a global agreement to end plastic pollution.

I believe it is plastics AND planet. Plastics are essential to enabling a sustainable future, and we can move faster toward ending plastic waste by embracing and enabling a circular economy.

Positive role that plastics play in society

Without plastics we would not have modern life- they are essential to support a growing world population.

Plastics are key to the energy transition, from the latest automotive components that enable vehicle lightweighting, to integral components for wind turbines and solar panels.

Plastics help to keep food fresh longer so it can be safely stored and transported long distances, reducing food waste.

Plastics help keep us safe and healthy, from seatbelts to personal protective equipment, even medical supplies and equipment. They support quality healthcare through their use in medical applications such as gowns, hand sanitizers, biohazard bags and medicine containers.

Studies have shown that substituting other materials for plastics comes at a higher net environmental cost.

Enabling a circular economy

Keeping plastic materials circulating in the economy is critical to ending new plastic pollution. In a circular economy, plastic has too much value to be idly thrown away. A more circular economy will help preserve precious natural resources, reduce greenhouse gas emissions and create jobs for future generations.

Effective public policies can help advance a circular economy by promoting demand for recycled content through national targets and establishing funding for recycling infrastructure through funding mechanisms such as EPR or Extended Producer Responsibility schemes.

Our industry and employees around the globe are firmly committed to ending new plastic pollution by embracing a circular economy, because we know how important plastic is to everyday living today, and in the future.

Producers pushing for a global agreement to end plastic pollution

Our company supports the United Nations' ambition of ending plastic pollution.

I am present at the UN negotiations to advocate for an agreement that unleashes innovation, bolsters infrastructure, and reduces plastic leakage in the environment.

As someone who has spent their entire career in chemistry and plastics, this is a topic I am deeply passionate about. I've seen the plastic waste challenge with my own eyes, it's real and it makes me angry. The good news is that there is an increasing amount of technology and know-how to end plastic pollution, without denying society the benefits of plastic. Plastics are essential to enabling a sustainable future, and we can move faster toward ending plastic waste by embracing and enabling a circular economy.

It takes collaboration across the entire value chain to end plastic pollution, and LYB welcomes constructive dialogue on how best to address this global challenge.

Find out more about our efforts to help end plastic waste above.

View additional multimedia and more ESG storytelling from LyondellBasell on 3blmedia.com.

Contact Info:
Spokesperson: LyondellBasell
Website: https://www.3blmedia.com/profiles/lyondellbasell
Email: info@3blmedia.com

SOURCE: LyondellBasell



View the original press release on accesswire.com

FAQ

What is the positive role of plastics in society?

Plastics support modern life, the energy transition, food preservation, and healthcare.

How can a circular economy help end new plastic pollution?

A circular economy preserves natural resources, reduces emissions, and creates jobs.

What global agreement does the company support to reduce plastic leakage?

The company supports the United Nations' ambition to end plastic pollution.

Why is collaboration important in addressing plastic pollution?

Collaboration across the value chain is important to ending plastic pollution.

What kind of policies can promote a circular economy?

Effective public policies can promote demand for recycled content and funding for recycling infrastructure.

LyondellBasell Industries N.V.

NYSE:LYB

LYB Rankings

LYB Latest News

LYB Stock Data

26.75B
324.76M
20.28%
73.44%
1.17%
Specialty Chemicals
Industrial Organic Chemicals
Link
United States of America
HOUSTON