Sustainability, Circular Economy, Engagement

Support for New Plastics Economy initiative extended

18/06/2019 | 3 min read
Theresa Wieser

Greiner Packaging was one of the first packaging companies in the world to sign the New Plastics Economy initiative in 2016. We have now extended our participation for three more years, until May 2022.

We view plastic as a recyclable material. But products made of plastic can quickly turn into a big problem for the environment if they aren’t disposed of properly – as shown by daily media reports focusing on their initial environmental impacts.

By participating in the New Plastics Economy initiative of the Ellen MacArthur Foundation, we are living up to our goal of a circular economy for plastic products. We are also making ambitious commitments – which are both voluntary and binding – to help us achieve this goal as part of the Global Commitment.

By 2025,

  • We will be taking steps to eliminate problematic and unnecessary plastic packaging
  • We are aiming to make 100% of our plastic packaging 100% recyclable, reusable, or compostable
  • We are intending to use recycled materials to cover a significant portion of the materials we require.

“By extending our participation in the New Plastics Economy, we are reemphasizing the high priority we place on these commitments in our business activities. We also want to play our part in turning the current hype surrounding the idea of a circular economy into a solid commitment by the entire industry,” says Manfred Stanek, CEO of Greiner Packaging International.

Supporters of the New Plastics Economy initiative come from a wide range of areas and include companies, nations, NGOs, and media outlets. This not only demonstrates the circular economy’s significance but also makes the Ellen MacArthur Foundation a key pivot point in efforts to interact with our environment in a more sustainable way. We are proud to have the opportunity to be part of the initiative for three more years in phase two as well and are excited about everything that can be accomplished in this way.

For more information on the New Plastics Economy initiative, please see

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