The past 65 years have seen plastics production increase from 1.5 to 300 million tons. Plastic materials are increasingly used across all sectors, mainly due to their convenience for consumers and versatility in design and functionality. Plastics also bring tangible economic, environmental and social benefits, including food waste reduction, better crop production, higher energy efficiency, reduced CO2 emissions and lower water demand. Yet growing population and consumption pattern alongside a lack of adequate end-of-life management and littering behaviour have led to a global challenge of marine pollution.
But the planet has limited resources and plastics are too valuable to be wasted. Borealis is committed to improving plastic recovery and reuse through its engagement in the plastics circular economy. With the Borealis Social Fund, Borealis is going beyond its core business. Waste and marine litter prevention has been defined as one of the three focus areas for the social fund. The first projects began in 2017, with more to follow.
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