The U.S. Plastics Pact, including Coca-Cola and Nestlé, has shifted its plastic reduction targets to 2030. The Coca-Cola Foundation has awarded $10 million to reduce plastic waste across seven African islands.
Pact Moves Goals to 2030
The 80-company U.S. Plastics Pact, which includes Danone, Coca-Cola, and Nestlé, has delayed the goal of significantly reducing plastic consumption from 2025 to 2030.
According to GreenBiz.com, the five-year lapse is indicative of the widespread failure of corporations to achieve the lofty climate targets they established in the last decade. Plastic manufacturing has also increased. Statista reports that in 2022, the production of plastics by manufacturers reached 400.3 million metric tons, representing a 1.6% increase from the previous year.
The pact states that the following goals for plastic packaging are no longer intended to be achieved by 2025:
- Eliminating problematic materials, such as tableware and PFAS chemicals.
- Baking in reusability, recyclability or compostability to all packaging.
- Reaching a 50 percent plastic recycling rate.
- Integrating recycled or responsibly sourced bio-based materials into 30 percent of all packaging.
The missed deadline is not shocking. When October 2023 rolled around, it was obvious that most businesses would miss their 2025 goal.
Challenges in Meeting Goals
According to Emily Tipaldo, the executive director of the U.S. Plastics Pact, the most significant obstacles were the inexpensive and plentiful virgin plastic and the absence of federally mandated standards that would have compelled all industries to adjust.
Now, members of the Walpole, New Hampshire-based alliance are obligated to report yearly on their efforts to phase out virgin plastic from their operations. The name of that undertaking is "Roadmap 2.0."
"Roadmap 2.0 by default acts as a national strategy for the plastics packaging value chain, in terms of how we're looking across the value chain, to build a circular economy for plastics packaging," Tipaldo explained.
In response to inquiries regarding the group's evolving goals, none of these U.S. Plastics Pact members—Unilever, Mars, Clorox, Conagra, Kraft Heinz, L'Oréal, and Kimberly-Clark—have commented.
Yet, Coca-Cola, the leading polluter of plastics according to research conducted in April, has said that it is 90% on track to achieve its target of having all of its packaging be recyclable by the year 2025.
"We know more must be done, and we can’t achieve our goals alone," stated a spokesperson for Coca-Cola to GreenBiz.
Coca-Cola's $10M Grant
In fact, to fight plastic pollution in seven African islands, the International Union for Conservation of Nature (IUCN) has received a $10 million grant from the Coca-Cola Foundation, per Packaging-gateway.com.
The foundation provided the funding through the IslandPlas initiative, which will run for three years and principally focus on the islands of Mauritius, Cabo Verde, Comoros, Madagascar, São Tomé and Príncipe, Seychelles, and Zanzibar.
Overall, it hopes to recycle about 5,600 tons of trash, lessen plastic waste by collecting about 14,000 tons, and raise the standard of living for around 9,600 people working in the informal waste industry.
Photo: Jayanth Muppaneni/Unsplash


CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 



