We all know the staggering statistics: of the over 9 billion tons of plastic ever produced globally, a disheartening 72% ends up in landfills, openly burned, or pollutes our environment. The scale of the plastic crisis can feel overwhelming, but imagine a world where the companies producing plastic packaging take full, verifiable responsibility for it.
That hopeful vision is exactly what PCX Markets is driving forward.
PCX recently held its PULSE event, a gathering that didn’t just talk about sustainability—it actively honored 16 Philippine organizations taking a monumental step toward a circular economy. These companies have made a firm, public commitment to achieve the equivalent of 100% recovery of their plastic packaging footprint for the compliance year 2025.
This isn’t just corporate social responsibility; it’s a critical shift toward responsible production and sustainable practices, propelled locally by the Republic Act No. 11898 or the Extended Producers Responsibility (EPR) Act of 2022.
The EPR Revolution: Accountability in Action
The EPR Act mandates that large companies in the Philippines must take responsibility for the post-consumer management of the plastic packaging they introduce to the market. This law is turning the tide, requiring businesses to account for their waste and find ways to re-circulate plastic as useful materials through reuse, refurbishment, and recycling.
PCX Markets works hand-in-hand with its non-profit arm, PCX Solutions, to empower these “Obliged Enterprises.” They provide end-to-end EPR compliance support—from footprint accounting to implementation and reporting—allowing companies to design effective strategies and meet the law’s stringent requirements.
Nanette Medved-Po, Founder and Executive Chair of HOPE and PCX, emphasized the impact of this commitment: “The leaders we honored today show that responsible action is possible. When companies commit to verified recovery of 100% of their plastic footprint, we can turn the tide on plastic waste and create lasting impact for people and planet.”
The Leaders of the PULSE: 100% Recovery Commitment
These 16 organizations are modeling the kind of leadership and verifiable action the private sector needs to tackle this urgent challenge. By committing to 100% plastic recovery, they are helping fund the collection, transport, and responsible processing of plastic waste, ensuring less of it ends up in nature.
The companies that have committed to achieving the equivalent of 100% plastic recovery of their packaging footprint for the compliance year 2025 are:
- Beko Pilipinas Corporation
- Century Pacific Food, Inc.
- Concepcion Durables, Inc.
- Concepcion Midea, Inc.
- Concepcion-Carrier Air Conditioning Company
- Concepcion Industrial Corporation – Cortex Technologies Corporation
- Domino’s Pizza Philippines
- Generation Hope, Inc. (HOPE)
- General Odyssey, Inc.
- L’Oréal Philippines Inc.
- Mitsubishi Motors Philippines Corporation
- Monde Nissin Corporation
- Mondelez Philippines, Inc.
- Mr. DIY
- The Pacific Meat Company Incorporated
- Wild Flour Bakery + Cafe Corp.
Supporting the Global Shift
The impact of PCX’s work is already being felt globally. Last year, PCX Markets successfully enabled the diversion of 160 million kilograms of plastic waste from around the world, supporting 44 projects and 238 companies across 14 countries, including the Philippines.
PCX Markets offers a robust suite of tools for businesses, including packaging EPR compliance software, access to verified recycled resins, and a transparent platform for purchasing verified plastic credits that directly fund recovery efforts.
By celebrating and collaborating with these market leaders, PCX is accelerating the transition to a future where no plastic ends up in nature. This is more than a compliance obligation; it’s a profound commitment to our planet.
Learn More About PCX
To know more about PCX and its mission, please visit their website: https://www.pcxmarkets.com/
You can also follow PCX on LinkedIn for more updates on the circular economy: PCX on LinkedIn
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