Bio Waste : New Composting Consortium aims to advance composting infrastructure

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The Center for the Circular Economy at Closed Loop Partners announced the launch of the Composting Consortium, together with Founding Partners PepsiCo and the NextGen Consortium. PepsiCo and the NextGen Consortium, which is composed of Starbucks, McDonald’s and other foodservice brands, are joined by Supporting Partners Colgate-Palmolive, The Kraft Heinz Company, Mars, Incorporated, and Target Corporation, as well as Industry Partners the Biodegradable Products Institute and the U.S. Plastics Pact. The Consortium brings together leading voices in the composting ecosystem in the United States to identify the best path forward to increase the recovery of compostable food packaging and drive toward circular outcomes.

These key stakeholders are uniting at a critical time as the landscape around compostable packaging and composting infrastructure rapidly evolves. Currently, the demand for alternatives to traditional fossil fuel-based single-use plastic packaging is rising, and the market for compostable packaging is poised to grow 17% annually between 2020 and 20271. Compostable packaging presents potential environmental, economic and social benefits, diverting food packaging and food scraps within the packaging toward composting infrastructure, and mitigating the greenhouse gases emitted when these otherwise end up in landfill. To meet the growth in compostable packaging, there needs to be more widely available composting infrastructure to fully recover the value of these materials.

The Composting Consortium recognizes the current challenges in this growing packaging sector and calls for unity and clarity across stakeholders. New compostable materials need to be researched with diligence and deployed strategically as one line of defense against waste. There is no quick fix to a complex global waste challenge, and the Consortium looks to chart a clear pathway forward for the industry.

The Consortium will work across multiple workstreams to identify best practices for consumer understanding of compostable packaging labeling and collection; establish when compostable versus reusable or recyclable packaging applications are most appropriate; collaborate on best practices to inform policy making; and build an investment roadmap for expanding composting infrastructure to recover compostable packaging and food scraps. It brings together leading voices in the composting ecosystem in the United States to increase the recovery of valuable resources otherwise lost to landfill. Consortium Advisory Partners include Compost Manufacturing Alliance (CMA), Foodservice Packaging Institute (FPI), Google, ReFED, the Sustainable Packaging Coalition (SPC), TIPA Corp Ltd., University College London and World Wildlife Fund (WWF).

About the Composting Consortium

The Composting Consortium is a multi-year collaboration across the entire value chain to pilot industry-wide solutions and build a roadmap for investment in technologies and infrastructure that enable the recovery of compostable food packaging and food scraps. The Composting Consortium is managed by Closed Loop Partners’ Center for the Circular Economy. PepsiCo and the NextGen Consortium are founding partners of the Consortium. Hill’s Pet Nutrition parent company Colgate-Palmolive, The Kraft Heinz Company, Mars, Incorporated, and Target Corporation joined as supporting partners, and the Biodegradable Products Institute and the U.S. Plastics Pact joined as industry partners. Our advisory partners include Compost Manufacturing Alliance (CMA), Foodservice Packaging Institute (FPI), Google, ReFED, the Sustainable Packaging Coalition (SPC), TIPA Corp Ltd., University College London and World Wildlife Fund (WWF). Learn more about the Consortium here.

About the Center for the Circular Economy at Closed Loop Partners

Closed Loop Partners is a New York-based investment firm comprised of venture capital, growth equity, private equity, project-based finance and an innovation center. In 2018, Closed Loop Partners launched its innovation center, the Center for the Circular Economy, which unites competitors to tackle complex material challenges and to implement systemic change that advances the circular economy. Closed Loop Partners brings together designers, manufacturers, recovery systems operators, trade organizations, municipalities, policymakers and NGOs to create, invest in, and support scalable innovations that target big system problems. Learn more about the Center’s work here.