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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Featured Pathways

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

More pathways

Book a demo

Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

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Book a demo

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Introduction to Tackling the Plastics Crisis

Introduction to Tackling the Plastics Crisis

Vincent Kneefel

15 years: Ocean conservationist

20 companies are said to be responsible for 55% of global plastic waste produced. Even if all current commitments are followed, the world's plastic waste leakage will only be reduced by 7%. But don’t despair – join Vincent Kneefel as he explores some global and regional solutions to the plastic problem.

20 companies are said to be responsible for 55% of global plastic waste produced. Even if all current commitments are followed, the world's plastic waste leakage will only be reduced by 7%. But don’t despair – join Vincent Kneefel as he explores some global and regional solutions to the plastic problem.

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Introduction to Tackling the Plastics Crisis

9 mins 20 secs

Overview

The global response to the plastic crisis starts with the United Nations Environment Programme's (UNEP) annual summit in March 2022. 175 countries signed the most ambitious worldwide deal on plastic pollution, aiming to manage plastic across its entire life-cycle, with the primary goal of establishing circular economies that eliminate single-use plastics. Regionally, more governments are investigating regulatory solutions including extended producer responsibility, a policy strategy in which producers are assigned significant financial/physical responsibility for the management or disposal of post-consumer products. Companies meanwhile are exploring producer responsibility organisations, an organisation that assumes the responsibilities of an obligated party, regarding the collection and recycling of products.

Key learning objectives:

  • Outline global solutions to the plastic crisis

  • Understand the impact of a plastic circular economy

  • Define extended producer responsibility (EPR)

  • Define producer responsibility organisation (PRO)

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Summary

What is the global response to the plastic crisis?

175 countries signed the most ambitious worldwide deal on plastic pollution at the United Nations Environment Programme's (UNEP) annual summit in March 2022. The agreement aims to manage plastic across its entire life-cycle – with the primary goal of establishing circular economies that eliminate single-use plastics. Countries would be required to implement new standards in industries that utilise plastic and build waste management systems. The resolution summit established an Intergovernmental Negotiating Committee (INC) which aims to have completed a global legally binding draft agreement by the end of 2024. 

How could a plastic circular economy help the pollution crisis?

The circular economy has the power to significantly reduce how much plastic enters the oceans. 

Moving to a circular economy would: 
– Reduce the volume of plastics entering the ocean by over 80% by 2040

– Save governments $70bn in the process

– Create 700,000 jobs

What is extended producer responsibility (EPR)? 

According to the OECD, extended producer responsibility (EPR) is a policy strategy in which producers are assigned significant financial and/or physical responsibility for the management or disposal of post-consumer products. 

Theoretically, assigning this responsibility might generate incentives to decrease waste at source, encourage environmentally-friendly product design, and support public recycling and waste management goals.

EPR programs are enacted by governments and put a legal obligation on producers to adhere to laws concerning the lifecycle management of their products and packaging. 

What is a producer responsibility organisation (PRO)? 

This is an organisation that assumes the responsibilities of an obligated party, as outlined in government regulations regarding the collection and recycling of products. For example, companies manufacturing plastics might pay a PRO to engage in activities such as collecting plastic waste from a beach, sorting into what is recyclable and then recycling the plastics (on behalf of the company). 

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Vincent Kneefel

Vincent Kneefel

Vincent Kneefel is an underwater photographer, ocean conservationist and circular economy expert. He has worked for organizations such as WWF, United Nations and Accenture on strategic sustainability and ocean conservation initiatives. His photographs show some of the most iconic and endangered creatures of our ocean.

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