- EY will work with the Alliance to design measurement criteria to help unlock 
  funding to end plastic waste
- EY brings global experience across the chemical and manufacturing sectors
- Upcoming EY projects to focus on measuring Alliance project success and 
  financing across the value chain

The EY organization has joined the Alliance to End Plastic Waste, alongside 
more than 90 companies, project collaborators, allies and supporters who are 
committed to ending plastic waste in the environment.

EY experience across chemicals, manufacturing, supply chain and finance, will 
help the Alliance develop more effective environmental, social and governance 
(ESG) measurement criteria for its work on the ground, which will help the 
Alliance to catalyze funding for Alliance-led projects. Clear and consistent 
metrics will form the foundation of sustainable, commercially viable business 
models that can be scaled for greater impact.

Along with its global network of members and partners, the Alliance has built a 
portfolio of over 35 ongoing projects in 29 countries to support the transition 
to a circular economy for plastics. The focus is on testing and accelerating 
solutions to improve the collection, sorting, processing, and recycling of 
plastic waste – because three billion people worldwide still do not have access 
to proper waste management services. EY work will contribute to developing 
innovative and self-sustaining infrastructure systems that can be owned and 
operated by the communities they benefit.

Dr.-Ing. Frank Jenner, EY Global Chemicals & Advanced Materials Leader, says:

"Ending plastic waste is a towering ambition that requires action across all 
segments of society. I believe that through innovation and collaboration with 
the Alliance community, lasting change can be achieved. One of the key next 
steps is going to be unlocking the necessary investment in circular, 
innovative, and viable solutions already adopted by the Alliance. If the right 
metrics are in place and project performance is consistently measured, it is 
possible to prove that success can be replicated, thereby attracting greater 
investment and accelerating progress toward ending plastic waste for good."  

Steve Varley, EY Global Vice Chair – Sustainability, says:

"Collective action is critical for tackling plastic waste, and EY people are 
well placed to help drive progress on this complex issue. The Alliance to End 
Plastic Waste is an important cross-industry group dedicated to real change and 
I'm proud that EY is joining this initiative to help scale truly innovative 
solutions that protect the planet."

Jacob Duer, President and CEO of the Alliance to End Plastic Waste, says:

"We are honored to work with world-class organizations like EY to develop 
solutions that help end plastic waste in the environment. Our growing network 
reaffirms the importance of collective action to address this complex challenge 
on multiple fronts, while keeping our eye on the goal of achieving full 
circularity, augmented by practical measures in the interim. We look forward to 
working closely with EY to accelerate scalable solutions that are economically 
self-sustaining."

Notes to editors

About EY

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clients, people and society and build trust in the capital markets.

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our world today.

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organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY 
organization that also does not provide any services to clients.

About EY's Global Advanced Manufacturing & Mobility Sector

Urbanization, changing consumer expectations and emerging digital technologies 
are reshaping what's possible, from the production and distribution of goods to 
the transportation of people. To succeed in this new world of mobility and 
smart manufacturing, incumbents must transform themselves at unprecedented 
speed — to think like an innovative start-up, tap into new talent and engage 
the customer. With experience across the value chain and key technology 
alliances, our teams show clients how to create efficiencies now while adopting 
digitization and optionality for long-term growth. Automotive, transportation, 
aerospace, defense, chemicals and industrial products companies can draw on the 
strength of our network of cross-industry players and put our diverse range of 
approaches to use today to equip their businesses for tomorrow.


SOURCE: EY