BPF supports cross-sector Flexible Plastic Fund
The British Plastics Federation is proud to support the release of the Flexible Plastic Fund, a first-if-its kind collaboration between major brands, retailers, recyclers, a producer responsibility compliance scheme and an environmental charity. The £1m fund is intended to improve the recycling of flexible plastic packaging (bags, wrappers and films), establish a stable value for the material and increase the availability of recycled plastic.
As part of the initiative, collection points for flexible plastic packaging are being hosted by major retailers in selected stores across the UK. The fund will also guarantee a minimum value of £100 per tonne of recycled material to incentivise recyclers.
Organizations and companies involved include:
- Mars UK
- Mondelēz International
- Ecosurety (a producer responsibility compliance scheme)
- Hubbub (the environmental charity)
- The British Plastics Federation
The Flexible Plastic Fund was announced on 27 May 2021.
More information about the Flexible Plastic Fund
View the press release about the launch of the Flexible Plastic Fund