Transparency: Circular principle No. 6 lays the foundation for trust, change and value
Eastman Renew Solutions
Working together, we can deliver sustainable change right now.
People are losing faith that the existing recycling system actually works. In fact, Eastman ’s research shows about 70% of Gen Z and Millennial consumers doubt whether everything they toss in the bin will actually get recycled.
Traditional recycling at least feels familiar to most people. Molecular recycling is a new concept to consumers and lawmakers. To truly mainstream the circular economy — increasing participation and maximizing positive impact — we see the need for companies to pair their use of innovative circular technologies like molecular recycling with an increased focus on transparency.
What transparency means for molecular recycling
Eastman envisions a fully circular plastics value chain without using virgin fossil feedstocks. We developed six principles to follow as we turn that vision into reality. Transparency is so important to us across all our sustainability efforts that we included it in that list: “Claims about molecular recycling technologies are clear, transparent and accountable with third-party certifications.” This enables consumers, lawmakers and companies in our value chain to make informed decisions about how they will participate, invest and shape policies.
Examining “clear” more closely
Confidence in recycling efforts — mechanical and molecular alike — will continue to crumble unless we ensure that public communications are clear, accurate and meaningful.
Consumer research can help companies learn how to translate complex facts about recycling processes and materials into language consumers can understand. Eastman’s consumer research team, for example, collaborates with our customers to test various claims that convey information consumers care about.
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Pursuing “accountability” from multiple angles
Communicating progress consistently
Our molecular recycling efforts are embedded in Eastman’s larger commitment to creating A Better Circle, and we regularly report on our journey toward three overarching goals: becoming carbon neutral, increasing the sustainability of our innovation portfolio, and recycling hundreds of millions of pounds of plastic waste. Through these communications, we help our stakeholders understand how each piece — including how we manage our waste and emissions across our molecular recycling business — fits into the big picture.??
A foundation for change — and value
Transparency fuels education and analysis — and we believe it is a foundation for building beneficial, system-wide changes:
We invite brands to build value with us through transparency. We work with our customers to leverage our consumer research insights for clear claims and third-party certifications for accountability. Together, we can build trust, increase participation and create systemic change that benefits everyone involved.?