What does responsibility mean to the largest producer & recycler of PET? | Life in Plastic - Colm Jordan, Global Head of Advocacy & Education @ Indorama Ventures
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What does responsibility mean to the largest producer & recycler of PET? | Life in Plastic - Colm Jordan, Global Head of Advocacy & Education @ Indorama Ventures
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Summary
In this conversation, Colm Jordan from Indorama Ventures discusses the company's role in PET recycling and the broader implications of plastic waste management. He highlights the importance of circular economy practices, the challenges faced in recycling economics, and the need for effective policies like the plastic treaty. Colm emphasizes the shared responsibility of corporations and society in managing waste and the significance of the informal sector in recycling efforts. He advocates for a balanced approach to sustainability that considers both environmental and social factors.
Takeaways
- Indorama Ventures is a leader in PET production and recycling.
- PET is one of the most recycled plastics globally, but challenges remain.
- The economics of recycling are complex and influenced by market prices.
- Technical limitations exist for using PET in certain products like beer.
- The future of PET packaging is promising with innovations on the horizon.
- Effective plastic treaties must consider both environmental and social impacts.
- Shared responsibility is crucial in addressing waste management issues.
- The informal sector plays a significant role in waste collection and recycling.
- Balancing rights and responsibilities is essential in sustainability discussions.
- Transparency in advocacy and lobbying is vital for effective policy-making.
Chapters
00:00 Introduction to Indorama Ventures and PET Recycling
02:11 Current State of PET Recycling
05:52 Challenges in Recycling Economics
10:23 Technical Limitations of PET Packaging
15:47 The Future of PET in Packaging and Legislation
19:31 The Role of Extended Producer Responsibility
25:25 Collective Responsibility in Waste Management
26:25 The Role of Extended Producer Responsibility (EPR)
29:34 Transparency and Accountability in Waste Management
30:34 Dignity and Respect in the Informal Sector
33:27 Reimagining EPR for Local Contexts
36:45 Global Inequality and Waste Management
39:59 Externalities and Sustainable Practices
46:12 Advocacy and Transparency in Circular Economy
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