Over three quarters of British businesses still unaware of Plastic Packaging Tax
With its implementation imminent, Veolia reports that 77% of British retail and manufacturing businesses are still unaware of the impending Plastic Packaging Tax.
Research conducted by YouGov, on behalf of Veolia, explored the views of British-based senior decision makers across retail and manufacturing businesses on the incoming Plastic Packaging Tax. The tax places a £200 per tonne levy on producers or importers of plastic packaging if they do not include 30% recycled content and will come into force from 1 April 2022.
The survey found that only a fifth (22%) of the manufacturing and retail businesses asked had already opted for recycled content in their packaging. To reach the UK’s Net Zero goals, far more businesses must reduce their reliance on virgin materials. The majority of British retail and manufacturing businesses also support an escalator in percentage of recycled content threshold (63%) and cost charge (50%) as an incentive to use recycled content.
Veolia Northern Europe Zone senior executive vice president, Gavin Graveson, said: “The UK’s Plastic Packaging Tax is the right way to start getting businesses to push sustainability up the agenda, but it needs to go further. A tax escalator would make choosing to incorporate recycled content in packaging both economically and environmentally preferable to using virgin materials.
“Not only could the UK save up to 2.89 million tonnes of carbon emissions every year if all plastic packaging included 30% recycled content, it would also incentivise investment in domestic infrastructure which could make the UK a world leader in plastics recycling.”
The British retail and manufacturing businesses who had made changes to their plastic packaging reported: