Rory Stewart, resources minister, announced during the Plastics 2020 conference held on the 25 November that the government are going to consult on revising the plastic packaging targets.
The UK recycling target in plastic has seen a steady 5% increase since 2013, with 2017 looking to achieve 57%. These were originally set in 2011 but following the ‘Plastic Flow 2014’ report, concerns were raised that data used by Defra when initially setting the five year targets were incorrect.
Recent years have seen this increasing target exacerbated by other external forces such as China’s ‘Green Fence’ policy and low oil prices (see our previous story here), causing PRN prices to fluctuate dramatically.
This year the plastic sector has already showed signs that it will struggle to achieve the required target with plastic recyclers Closed Loop going into administration. Recently, packaging recovery notes (PRNs) have seen prices hitting over the £70+ mark with no sign of easing. With concerns over achieving the 2015 target, things do not bode well for subsequent years.
As a result of this, Rory Stewart, resources minister, announced during the Plastics 2020 conference held on the 25 November that the government are going to consult on revising the plastic packaging targets. Furthering insight from Defra has indicated that they will present a range of proposals for revising the target.
Today, Defra has opened the consultation on both plastic and glass future targets. Responses are due by the 23 December with the results expected in April 2016. ecosurety will be submitting a response on behalf of its members and if you want to share your view please do get in touch. You can find out more about the DEFRA consultation by clicking here.
The revision of material recycling targets is not unheard of. Defra made a similar move in 2014 following corruption within the glass market which led to huge instability in prices in 2012 and 2013 (see our previous story here). This resulted in decreased pressure on glass and ultimately led to a stable price for producers.
Based on this precedent, ecosurety believe that conducting a similar review on the plastic target will be a positive step, whilst still ensuring the UK meet EU packaging targets without the need to place an additional cost burden on producers.
If you would like to speak to our specialists about your packaging compliance, please call us on 0845 094 2228.
Chief executive officer
James Piper is CEO of Ecosurety. As well as providing a consistently high service to our customer base of over 1,000 companies, James is driven to bring about positive change in the compliance market through increased transparency and accountability. Since taking this position in 2016, James has worked to demonstrate that recycling compliance need not be perceived as a tax, but an opportunity for brands to align their producer responsibility obligations with their sustainability agenda.
Ecosurety has revealed an alternative model for Extended Producer Responsibility (EPR) governance, currently under consultation by Defra.Read More >>
key account manager Ffion Rossiter will help you understand how your packaging obligation is calculated, what is required for accurate reporting and where the UK recycling rates currently stand. There will also be an opportunity to ask any questions you may have.
This webinar is CPD accredited.
Join Josh Wytchard in this free webinar to understanding exactly what makes up your compliance costs with a refresher on how your PRN obligation is calculated and an overview of current market trends.
This webinar is CPD accredited.