HP Inc. and IKEA Join Initiative to Develop First Global Network of Ocean-Bound Plastics Supply Chains

Original source: Nextwave

NEW YORK CITY (Oct. 22, 2018) – NextWave Plastics announces two new member companies – HP Inc. and IKEA – are joining its consortium of worldwide businesses committed to scaling the use of ocean-bound plastics by developing the first global network of ocean-bound plastics supply chains. The addition of HP and IKEA marks 10 companies collaborating to “turn off the tap” of plastic entering the ocean.

HP and IKEA bring considerable leadership to addressing ocean-bound plastics that will contribute to all NextWave companies pushing the boundaries of what they know to be possible.

Since announcing in September 2016 that it would join the First Mile Coalition to clean up plastic waste and create economic opportunity for the people of Haiti, HP and its partners have successfully built a fully functioning ocean-bound plastics supply chain using bottles collected in Haiti. Today, the company announces it has sourced 250 tonnes of ocean-bound plastics from Haiti - more than 550,000 pounds - and created more than 600 income opportunities for adults in the country. That’s more than 12 million plastic bottles that have not entered the Caribbean Sea and instead are being upcycled into Original HP ink cartridges.

By opening a new market opportunity, generating a steady revenue stream and partnering to improve conditions for the workers, HP is helping to create sustainable jobs and bring opportunity and dignity to the collector community.

In June 2018, IKEA announced its updated sustainability strategy, with new commitments to become people and planet positive by 2030. Commitments included removing single-use plastic products across its stores by 2020 and designing all IKEA products with new circular principles by 2030, with the goal to only use renewable and recycled materials.

Both HP and IKEA recognize the importance of joining forces with other like-minded entities to not only scale their own ocean-bound plastics supply chain efforts, but to also extend across industries to make it commercially viable for all so maximum impact can be realized.  

“While HP has already demonstrated our commitment to sustainable impact by eliminating ocean-bound plastics and reusing them in our products, we firmly believe in the power of collaboration. We want to scale our collective efforts amongst industry leaders, work together to address barriers and engage others in the quest for an ocean free from plastic. We have a responsibility to take the critical steps necessary to reduce plastic pollution. Collaboration within and between industries is one of those critical steps.”-- Stuart Pann, chief supply chain officer

“The consequences of plastic pollution are severe and IKEA is determined to contribute to its solution in a positive and proactive way. Together with other NextWave companies we will be developing a global network of ocean-bound plastics supply chains, learning from each other’s efforts and working together to ensure maximum business, community and environmental benefit. Our goal is to make ocean-bound plastic a commodity for the future, and we want to take initiatives to prevent plastic from ending up in the ocean in the first place. We hope this membership will lead to new learnings and new innovations and that we can inspire other companies to follow.” -- Lena Pripp-Kovac, sustainability manager, Inter IKEA Group

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