World
Big brands call for cut in plastic production
International brands including Coca Cola and PepsiCo called on Monday for a global pact to combat plastic pollution that includes cuts in plastic production, a key growth area for the oil industry.
It remains unclear whether any deal will focus on waste management and recycling or take tougher steps such as curbing new plastic production, a move that would likely face resistance from big oil and chemical firms and major plastic-producing countries like the United States.
The more than 70 signatories to Monday’s joint statement include consumer goods companies like Unilever and Nestle, which sell a myriad of products in single-use plastic from shampoo to chocolate bars, as well as retailer Walmart and French bank BNP Paribas.
