UKRI funds research to explore compostable packaging solutions for hard-to-recycle plastics
- Tesco, M&S, and Ocado Retail join Compostable Coalition UK’s advisory board
- UK Research and Innovation funds ‘Closing the Loop for Compostable Packaging’ research project
- Project examines compostable packaging as a replacement for hard-to-recycle plastics
- Advisory board members include industry experts from UK’s Plastics Pact
Compostable Coalition UK has assembled representatives from Tesco, Marks and Spencer, and Ocado Retail as part of its UK Research and Innovation funded ‘Closing the Loop for Compostable Packaging’ research project. The £60m Smart Sustainable Plastic Packaging Challenge aims to investigate the practicality of collecting, sorting, and recycling compostable packaging through existing UK collection and treatment streams. Key application segments like tea bags, coffee pods, fresh produce packaging, and foodservice packaging will be evaluated in the project. Advisory board members, who are also part of the UK’s Plastics Pact, will ensure the research is objective and supports stakeholder interests. Tomos Davies from Compostable Coalition stated: ‘We are delighted to have industry experts on board to fine-tune our research and guarantee its objectivity and robustness.’ Laura Fernandez from Ocado Retail added: ‘At Ocado Retail, we’re committed to sustainable packaging. We look forward to supporting this initiative and shaping the future of compostables for customers.’ Sam Clough from M&S said: ‘Meeting plastic commitments requires exploring all options, including compostable solutions. The lifecycle is complex, but UKRI funding can help validate benefits.’
Factuality Level: 10
Factuality Justification: The article provides accurate information about the Compostable Coalition UK’s research project, its funding source, and the involvement of major companies in the advisory board. It also includes relevant quotes from representatives of Tesco, Marks and Spencer, and Ocado Retail that support their commitment to sustainability and the project’s goals.
Noise Level: 2
Noise Justification: The article provides relevant information about a research project focused on compostable packaging and includes insights from industry experts. It does not contain any irrelevant or misleading information, and stays on topic without diving into unrelated territories. The article also supports its claims with evidence from the advisory board members’ statements.
Financial Relevance: Yes
Financial Markets Impacted: Compostable Coalition UK, Tesco, Marks and Spencer, Ocado Retail
Financial Rating Justification: The article discusses a research project on compostable packaging involving major companies like Tesco, Marks and Spencer, and Ocado Retail. This can impact their sustainability efforts and potentially affect the packaging industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.
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