5 Principles for Plastic Circular Partnerships
Plastic producers are looking for ways to use more recycled materials to meet consumer demand. Here are 5 principles to creating circular partnerships.
1. It must be good for everyone : All up and down stream partners must have a viable business scenario.
2. Measure Everything: Measure using the best tools available to each partner
3. Count the Cost: Calculate all internal and external costs, including the cost of regular compliance, green house gas emissions and mass balance accounting for the plastic
4. Document the Loop: create an group agreement between resource partners of the loop
5. Leverage the Loop: Each partner needs to leverage the employee and community relations, operations, marketing, and ethics of the closed loop to lock it into your corporate culture
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