Since 2016, the Ellen MacArthur Foundation’s New Plastics Economy initiative has rallied businesses and governments behind a positive vision of a circular economy for plastics. Its 2016 and 2017 New Plastics Economy reports captured worldwide headlines, revealing the financial and environmental costs of waste plastic and pollution. The initiative is supported by Wendy Schmidt as Lead Philanthropic Partner, and the Oak Foundation as a Philanthropic Funder. Amcor, Borealis, The Coca-Cola Company, Danone, L’Oréal, MARS, Nestlé, PepsiCo, Unilever, Veolia and Walmart are the initiative’s Core Partners.