June Newsletter
Is your company on top of regulations coming into force in Denmark? Lorax Researcher Aaron Sarah delves into the EPR for packaging coming into force in July of 2025. Denmark is one of the final countries in the EU to implement EPR for packaging; the new regulations will mean any company that places their packaged products on the market in Denmark will be responsible for the financing and management of the waste it has created. it is estimated that approximately 40,000 companies will be obligated by EPR in Denmark.?
Lorax Consultant Justin Given looks into key questions surrounding mechanical recycling and how it contributes to the bigger picture of sustainability. Recycling stands out as a vital strategy to manage waste and to aid in the conservation of our resources. Within the spectrum of recycling methods, mechanical recycling is one of the most significant and most common. Mechanical recycling is the process of recovering and reprocessing plastic waste into new materials without altering the chemical structure of the polymers.?
Key news stories
US Packaging EPR Update – Minnesota??- Some key deadlines have been set for the newly passed packaging and printed paper EPR framework in Minnesota. By 1st January 2025, producers must appoint a PRO and the organization must register with the commissioner by 1st July 2026.
Berkeley, California-based non-profit organization As You Sow recently partnered with environmental solutions platform Ubuntoo to produce their “2024 Plastic Promises Scorecard," which ranks 225 global companies across 15 industries. One major finding of the report is a significant gap between companies’ stated plastic reduction commitments and actions taken to meet them. It says corporations have a vital role to play in tackling plastic pollution at its source and cites international plastic treaty negotiations and new extended producer responsibility (EPR) laws as demonstrating a shifting regulatory environment that holds manufacturers financially accountable for producing scrap.?
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Textiles EPR in Latvia comes into force, 1st?of July 2024?- Textiles EPR comes into force in Latvia on 1st July 2024. Companies placing textile products onto the Latvian market for the first time need to either join a scheme soon or pay the Natural Resources Tax directly to the government themselves. Countries like Hungary, France, and the Netherlands have already introduced EPR laws and take back systems for textiles in recent years. Obligated textile products include clothes, household linen and shoes.?
Calls for UK EPR on textiles??- The Ellen MacArthur Foundation, a not-for-profit focused on promoting a circular economy, has called for a UK extended producer responsibility (EPR) scheme for textiles. According to the charity, an EPR scheme for textiles is “crucial” to funding a separate textile collection system that manages all discarded textiles, not “just the fraction of material that has a high reuse value”. In a report published this month, the foundation explained that an EPR policy for textiles will place the responsibility on producers for the collection, sorting and recirculation of textile productions.??
More Than 80% of Companies Say They're Not Ready for ESG Regulations?- New ESG regulations are taking hold in the EU, but most businesses feel underprepared to meet mounting sustainability standards. A new study from global intelligence and cyber security consultancy S-RM revealed that a whopping 84 percent of Europe-based corporations and 82 percent of regional investors don't feel confident in their ability to comply with the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), which was signed into law last week.?
Are You Ready for US EPR?
Minnesota has recently become the fifth state to pass a US EPR packaging bill. With several EPR-related laws already in place and more on the horizon, businesses producing products for the US market must stay informed and understand their reporting obligations.?
Upcoming CAA Registration Deadline: July 1, 2024 - Circular Action Alliance is currently the exclusive PRO for two of the states (California and Colorado) with enacted EPR laws in the US, managing all registrations.
Need support with US EPR compliance? Get in touch: https://lnkd.in/eH-myTS