Turning Plastic Into Progress: World Cleanup Day With QVC & Plastic Bank

Rhea-AI Summary

QVC has announced a partnership with Plastic Bank to support the collection and recycling of plastic from the environment. The initiative aims to gather 50 tons of plastic year-round and recycle it into Social Plastic® recycled feedstock for consumer goods products and packaging. This effort is part of Qurate Retail Group's commitment to ending poverty and stopping plastic pollution.

The partnership will help reduce reliance on virgin plastics and decrease greenhouse gas emissions associated with manufacturing. By turning plastic into currency, the initiative empowers the collection and exchange of discarded plastic. QVC believes that collaboration with Plastic Bank and other partners can create a more sustainable future for everyone.

Positive

• Partnership with Plastic Bank to collect and recycle 50 tons of plastic annually
• Potential reduction in greenhouse gas emissions from manufacturing
• Initiative may help reduce reliance on virgin plastics

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / October 4, 2024 / QVC is thrilled to announce our exciting partnership with Plastic Bank to support the collection and recycling of plastic from the environment!

At Qurate Retail Group, we're committed to making a positive impact on the world by ending poverty and stopping plastic pollution. Through this partnership with Plastic Bank, we aim to gather 50 tons of plastic year-round and recycle it into Social Plastic® recycled feedstock that is reprocessed and reintegrated into products and packaging for consumer goods. This will help reduce the reliance on virgin plastics and greatly decrease greenhouse gas emissions associated with manufacturing.

By turning plastic into currency, we're empowering the collection and exchange of discarded plastic. We believe that by working together with Plastic Bank and other partners, we can create a brighter and more sustainable future for everyone.

Learn more about Plastic Bank here: https://plasticbank.com/

View additional multimedia and more ESG storytelling from Qurate Retail Group on 3blmedia.com.

Contact Info:
Spokesperson: Qurate Retail Group
Website: https://www.3blmedia.com/profiles/qurate-retail-group
Email: info@3blmedia.com

SOURCE: Qurate Retail Group

View the original press release on accesswire.com

FAQ

What is the goal of QVC's partnership with Plastic Bank for QRTEA stock?

The partnership aims to collect and recycle 50 tons of plastic annually, turning it into Social Plastic® recycled feedstock for consumer goods products and packaging, potentially reducing reliance on virgin plastics and decreasing greenhouse gas emissions.

How does the QVC and Plastic Bank partnership impact QRTEA's sustainability efforts?

The partnership aligns with Qurate Retail Group's commitment to ending poverty and stopping plastic pollution, demonstrating the company's focus on environmental sustainability and social responsibility.

What is Social Plastic® and how does it relate to QRTEA's initiative?

Social Plastic® is recycled feedstock created from collected plastic waste. QRTEA's initiative with Plastic Bank aims to recycle collected plastic into this feedstock, which can be reprocessed and reintegrated into products and packaging for consumer goods.