6: Building The New Plastics Economy - The Corporate Perspective
Update: 2021-12-01
Description
This episode of Circularity Capital podcast will explore the opportunities, challenges and practical implications of building a new circular plastics economy, drawing from industry experts and practitioners. The podcast will comprise four elements with insight from a range of thought leaders in this space.
In this third of our four-part series Jamie Butterworth speaks with Eelco Smit who is Senior Director of Sustainability at Philips, one of the corporate brands who are really driving the transition towards a circular economy at the moment to understand what is focusing corporate interest in this topic and what are some of the practical challenges in the transition.
Highlights:
- “critical to make the change on plastics”
- Wherever possible we need to use recycled materials in our products/packaging
- Recycled plastics is a new raw material not waste
- “collaboration is critical”
- Global pandemic has not changed course at Philips
Time Stamp:
[2.50] What is driving corporate interest in this topic
[4.17] Challenges of moving towards a circular plastics economy
[7.30] The role of cost in decision making in putting new products into production
[8.27] How Philips is innovating in the circular economy
[11.08] The benefits of collaboration
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