A plastic waste clean-up in an Orang Laut village in Indonesia, ran by Seven Clean Seas. Companies pay to have waterways cleaned to offset the plastic they cannot eliminate from their operations. Image: Seven Clean Seas Companies are under growing pressure to reduce the amount of plastic they produce and consume, as the plastic waste choking the oceans continues to horrify consumers, anger activists and worry investors. But for some companies, there is only so much plastic they can realistically remove from their operations for the foreseeable future. A restaurant can stop offering customers straws, coffee cup lids and carrier bags. But what about the food packaging that extends a product’s shelf life? Companies can offset unavoidable plastic use by investing in projects that tackle plastic pollution. This is known as plastic offsetting. Tom Peacock-Nazil, founder, Seven Clean Seas One of the first organisations to offer companies a plastic offsetting service was Seven Clean Seas, the brainchild of former financial advisor and shipbroker Tom Peacock-Nazil, who founded his firm in 2018. The Singapore-based company, which is already profitable after less than two years of operations, offsets the plastic a company cannot eliminate by removing an equivalent amount of plastic […]
Latest Articles
A New Wireless EV Charging Road is Currently Under Construction in Germany
Takeaways: Germany is building the first-ever public wireless road project to charge an electric bus travelling to the city.
The supplier Electreon will put...
Is Cellular Agriculture the Future of Food Production?
Takeaways: Cellular agriculture is a form of lab technology that uses a base material to cultivate a usable product.
This technology allows food to...
How Floating Battery Buoys Could Curb Shipping Emissions in Ports.
How Floating Battery Buoys Could Curb Shipping Emissions in Ports. Floating Battery Buoys could Curb Shipping Emissions...
Critically Endangered Chimpanzee Born at Chester Zoo Offers New Species Hope
Takeaways: A critically endangered Western chimpanzee has been born at the Chester Zoo.
There are only 18 000 individuals left in the world due...
Emerging Technologies and Trends in Better-for-you and More Sustainable Food and Beverages
Emerging Technologies and Trends in Better-for-you and More Sustainable Food and Beverages Guest Post by: Julia Stamberger, Co-founder and...
Batteries That Store Energy Using Rusting Iron Could Help Decarbonize the Grid
Takeaways: Form Energy is building batteries using a common element - iron.
These batteries can store a lot of energy, so you can keep...