American cities, consumer goods companies, and retailers are facing a financial and environmental crisis: we are currently spending billions of dollars to landfill products and packaging when, instead, they could be sold to the recycling industry. These valuable commodities could be recycled, drive costs efficiency, and create jobs. There are many benefits to recycling including the reduction in manufacturing costs for consumer goods, reduction in landfill disposal costs, increased revenue for municipalities, and creation of local jobs. One of the best ways to reach the full potential of these benefits is for industries to come together to increase access to recycling. One innovative example of this type of industry collaboration is the Closed Loop Fund. The Closed Loop Fund, launched at the Walmart Sustainable Product Expo in April 2014, is a groundbreaking recycling initiative that aims to invest $100 million in recycling infrastructure projects to transform the recycling system in the U.S., with the goal of making recycling available to all Americans.
During this one hour webinar, the U.S. Chamber of Commerce Foundation Corporate Citizenship Center will convene environmental leaders including Walmart, Johnson & Johnson and the Closed Loop Fund to discuss why the Fund was created, its goals and objectives, the types of projects likely to receive loan funds, and how companies, municipalities, and communities can benefit from participating in this initiative.
Paulette Frank, Vice President, Sustainability, Johnson & Johnson Consumer Companies, Inc.
Ron Gonen, co-founder and CEO, Closed Loop Fund
Rob Kaplan, Director, Product Sustainability, Walmart
Moderator: Jennifer Gerholdt, Senior Director, Sustainability and Circular Economy Programs, U.S. Chamber of Commerce Foundation Corporate Citizenship Center
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