The Economic Value of Recycled Content
We are determined to minimize waste and natural resource usage across the globe by partnering with customers and partners to realize the economic value of utlizing recycled content. We believe we can increase both recycling access and recycling rates while improving the quality of life across the globe.
The Goal: Be a Part of the Solution to Reach a Circular Economy
The Value of Recovering & Repurposing Plastics
Plastics continue to prove their worth when it comes to our ability to give the material multiple lives. Often lighter weight than alternatives like metal and glass, plastics provide a lower carbon footprint, even when made from virgin resin. When we recover and reuse this once-new plastic material, the benefits compound. Though the benefits are clear, recycling infrastructure and education still lack for recycling plastic on a global scale as we attempt to reach the "circular model."
Through recovery and recycling, we keep plastics out of the ocean, while harnessing their inherent value to manufacture more eco-conscious products. As the plastics industry develops and optimizes its plastic collection programs, more plastics will be recovered, and more repurposing will occur within the plastics manufacturing industry. Source
What Makes a Circular Economy Different?
A circular economy brings product innovation to create a society where resources are reused rather than disposed. Landfill space is reduced. Less material is wasted.
Once Plastics Are Recovered, Markets Will Expand
As more plastic becomes available for reuse, emerging markets and technologies will use this recycled plastic for valuable, innovative products, resulting in the development of the circular economy. The monetization of recycled content will likely incentive more partners in the value chain to emerge, increasing collection and recycling, allowing for recyclers, resin producers and plastic manufacturers the opportunity to access recycled content resins.
We’re Already Making Progress
"America's Plastic Makers" already have these progressive projects in place:
- Materials Recovery for the Future (MRFF) – A research initiative that studies the potential to collect discarded flexible plastic packaging.
- Recover More Plastic – A program that provides tools and resources for communities to collect plastics at curbside.
- Closed Loop Partners – An investment platform for sustainable consumer goods and recycling aimed at those interested in helping with the development of the circular economy. Source
The Push for Innovation & Affordability
In order to preserve the positive effects the industry has on the U.S. economy, we need to bring innovation and affordability to plastic product manufacturing through sustainability.
The Fast Facts:
- Plastics is the 3rd largest manufacturing industry in the US.
- 1.7miillion jobs are dependent on plastics manufacturing.
- 993,000 people are directly employed by the plastics industry.
News & Insights
Berry’s PCR Initiatives Support Customer Sustainability Objectives
Berry has announced a number of initiatives both to support its customers’ sustainability goals and to help them meet the requirements of the UK Plastic Packaging Tax.
Berry Global Collaborates to Increase Circularity for Agricultural Films
As a leader in the manufacturing of agricultural films, Berry Global Group, Inc is collaborating with Cleanfarms and Poly-Ag Recycling on a closed-loop approach to advancing Canada’s circular economy.
Berry Global ESG Transparency, Performance Recognized in 100 Best Corporate Citizens Ranking
EVANSVILLE, Ind. --(BUSINESS WIRE)--May 18, 2022-- Berry Global Group, Inc. (NYSE: BERY) has been recognized as one of the 100 Best Corporate Citizens by 3BL Media . This benchmark is widely recognized for assessing publicly traded companies in the United States on their fundamental environmental,
Berry Global Commits to Reducing Scope 3 Emissions by 25% by 2025
EVANSVILLE, Ind. --(BUSINESS WIRE)--May 12, 2022-- Surpassing its initial goal of an 8% reduction in Scope 3 greenhouse gas (GHG) emissions four years ahead of schedule , Berry Global Group, Inc. (NYSE:BERY) commits to reducing its absolute Scope 3 GHG emissions 25% by 2025 (from the same 2019