How can a circular economy help shift the Plastics Industry agenda?
Release Date: 07/28/2023
Why businesses are leaning in at Climate Week NYC 2025
EY Sustainability Matters
What happens when over a thousand climate-focused events converge in one city? At Climate Week NYC 2025, the private sector showed up in force, bringing bold ideas, collaborative energy and a clear shift from strategy to delivery. In this episode of EY Sustainability Matters, host Matthew Bell shares insights from leaders across various industries-utilities, consumer goods, technology and agriculture-as well as NGOs interviewed on the sidelines of EY-hosted events. Hear how artificial intelligence (AI) is transforming sustainability efforts, enabling smarter and faster decisions in the race...
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How to overcome fear in financing climate innovation
EY Sustainability Matters
This episode of the EY Sustainability Matters podcast is a rare opportunity to hear from two global thought leaders who have shaped sustainability strategies at the highest levels of business and international development, about the need for a move toward a regenerative economy, and the challenges and opportunities that will present. Nadia Woodhouse from the EY New Economy Unit (NEU) welcomes two distinguished thinkers: Sir Noel Quinn, former Chief Executive of HSBC, and Usha Rao-Monari, former Under-Secretary General of the United Nations Development Programme and member of the EY...
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How national climate plans can reshape global investments
EY Sustainability Matters
Host Matt Bell explores the pivotal role of Nationally Determined Contributions (NDCs) in shaping climate policy and investment strategies. He interviews four experts to get their insights. Joanna MacGregor, a senior advisor at the UN Climate Change (UNFCCC), explains how NDCs have evolved into comprehensive national climate plans that can drive economic growth and resilience. Antonina Scheer, Policy Fellow at the London School of Economics and Research Project Manager at the Transition Pathway Initiative Centre, discusses the challenges of financing climate action in emerging...
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How and why should CEOs put sustainability at the core of business
EY Sustainability Matters
This special episode of the EY Sustainability Matters podcast is introduced by Nadia Woodhouse from the EY New Economy Unit (NEU), which focuses on the long-term, systemic shifts toward a new, regenerative economy. Nadia presents a thought-provoking dialogue with two influential leaders in sustainability: Helena Helmersson, former CEO of the fashion giant H&M Group, and Jonathon Porritt, a writer, environmentalist, advocate for sustainable development and a member of the advisory council for the NEU. The discussion centers around the pressing need for businesses to adopt regenerative...
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How companies can address human rights risks in global supply chains
EY Sustainability Matters
Despite the popular belief that slavery is a thing of the past, it is estimated that slavery affects around 50 million people globally. Human exploitation for labour and other forms of modern slavery are embedded within the supply chains of many of the products and services that we choose to consume regularly, whether we are buying clothes, electronics, or even a bar of chocolate. This is becoming an increasing concern for business as well. Mounting pressure from both legislative bodies that introduce new regulations and a new generation of consumers, who seem to be willing to pay more for...
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How businesses can drive sustainability in a volatile political landscape
EY Sustainability Matters
In this episode of the EY Sustainability Matters podcast hosted by Bruno Sarda, the discussion centers around the vital collaboration between the public and private sectors in advancing sustainability efforts. Bruno welcomes Ruth Ahchow, EY Global Government and Public Sector Leader for Climate Change and Sustainability Services, who elaborates on the importance of public-private partnerships (PPPs) as key mechanisms for sustainable development, showcasing successful examples from around the world, including the Asia-Pacific region. Bruno and Ruth discuss how recent political shifts in...
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How music artists and labels can innovate for a better planet
EY Sustainability Matters
In this episode of the EY Sustainability Matters podcast, host Bruno Sarda and guests dive into the intersection of sustainability and the music industry. Discussing the topic with Bruno are: Joel Makower, Chairman and Cofounder of the Trellis Group (formerly GreenBiz) and the Strategy Director & Industry Council Chair of the Music Sustainability Alliance, and Olga LaBelle, Vice President and Head of Environmental, Social and Governance (ESG) at Warner Music Group. The speakers discuss the current state of sustainability in the music industry, innovative collaborations for...
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Why integrating sustainability is everybody’s business
EY Sustainability Matters
The relationship between business and sustainability is evolving. As awareness of its importance – and value – grows, so does the recognition that responsibility for addressing the subject is not confined to specific sustainability roles. Indeed, growing opinion is that every job within an organization can and should be considered a sustainability job. In this episode, EY Americas Climate Change and Sustainability Services Leader Bruno Sarda sits down with Pia Heidenmark Cook, a former Chief Sustainability Officer at IKEA and now senior board member, speaker and sustainability advisor, and...
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How to transform your business on a journey to a new economy
EY Sustainability Matters
With the world in the midst of a global polycrisis, the New Economy Unit (NEU) — a global research group at the EY organization — was established to look at the key economic forces at play and the leading business practices needed to create a sustainable future. Host Bruno Sarda discusses the NEU and a bigger idea of regenerative business transformation it represents with Matt Bell, EY Global Leader, Climate Change and Sustainability Services, and Anastasia Roussou, EY Head of New Economy Research Unit, in London. Moreover, the discussion covers the work the NEU does with the activist and...
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COP29: what’s at the top of the world’s sustainability agenda
EY Sustainability Matters
In this episode, Bruno Sarda, host of the EY Sustainability Matters podcast, meets with prior guests to talk about the significant developments in sustainability over the past year, ahead of the upcoming UN Climate Change Conference or COP29 in Baku, Azerbaijan, later this November. Amy Brachio, EY Global Vice Chair for Sustainability, and Matt Bell, EY Global Leader for Climate Change and Sustainability Services, share their experiences from the 2024 New York Climate Week . They discuss the transition from addressing environmental issues in siloes to a comprehensive view that...
info_outlineEach year, the world produces 300 million tons of plastics, however, just 20% of it ends up back for recycling, with even less actually getting recycled. As plastics are an important part of improving the quality of life for a growing population and aren’t going anywhere, how can we solve the plastics crisis with circular solutions? And how can major plastics companies play a leading role in the solution?
In the latest episode of the Sustainability Matters podcast, we look specifically at the case of Eastman Chemical Company’s commitment and investment in circular solutions to help address the plastics crisis. Host, Bruno Sarda, and Velislava Ivanova, EY Americas Chief Sustainability Officer, and Climate Change and Sustainability Services Leader, are joined by Brad Lich, Executive Vice President and Chief Commercial Officer at Eastman, to discuss Eastman’s innovative approach to closing the plastics value chain loop.
Lich begins the discussion by explaining why circularity is a core part of Eastman’s business strategy and what it means to their business. He explains the importance of recycling in closing the loop in the value chain, focusing on molecular recycling and how it complements traditional mechanical recycling. Lich stresses that the innovation to solve the plastics and recycling problem isn’t decades away, it is happening today through these circular and innovative solutions.
Lich and Ivanova discuss how no single company or industry can find solutions to the plastic pollution crisis on their own. The key for any industry wishing to move toward a circular model is to develop collaborations and partnerships.
Key takeaways include:
- Adopting circular production is key to managing waste and tackling climate change.
- Innovation to make plastics truly circular isn’t decades away, it is happening today.
- Demand for circular solutions in the plastics industry is rising, as customers push for greener products.
- Molecular recycling complements traditional mechanical recycling by addressing its shortcomings and avoiding end-of-life.
- New innovative recycling technologies lower greenhouse gas impact in comparison to traditional processes.
- Collaboration and co-innovation among companies, NGOs and regulators is essential to drive investments and find solutions. No company can do it alone.
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