Alliance to End Plastic Waste Inc

“The alliance offers memberships of various categories that typically last for a term of two or five years, billable annually. The alliance recognizes membership dues ratably over the membership period.”

“The form 990 is reviewed by the chief financial officer , general counsel and the president & ceo then the form 990 is provided to the audit and risk committee for review and approval before it is circulated to the governing council directors and filed.”

“The directors, officer, employees & representatives of aepw are subject to aepw's conflict of interest policy & procedures. Each director is provided with a copy of aepw's conflict of interest policy & procedures and signs an annual acknowledgement of the policy & procedures, with disclosure of any conflict or potential conflicts of interest. A reminder of aepw's conflict of interest policy & procedure is given at each meeting hosted by the alliance at which members are participating, including governing council and leadership board meetings. The policy provides that potential conflicts of interest must be disclosed to aepw's general counsel at the earliest possible juncture. Directors, officers, employees & representatives who are subject to a conflict of interest may not participate in consideration of proposed transactions for which they have conflict.”

“Decisions with regards to the compensation of the president & ceo and key employees are made by the compensation committee and the representatives of the governing council of the alliance. The compensation package for the president & ceo and key employees are based on global market standings. Aepw meets the rebuttable presumption in determining their executive compensation.”

“Governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“Descriptions of contractors' services: - bain & company, inc: usd 1,237,000 strategy review advisory services address: 1221 mckinney street suite 3650 houston, texas 77010 united states - aldenarda nv: usd 1,231,859 event management services including organizing and hosting board and delegate meetings, facilitating and managing round table discussions, coordinating participation in trade shows and organizing a solutions fair address: lenniksebaan 451, brussels 1070, belgium - apco worldwide limited: usd 807,875 multi-market issues reporting, editorial services, media relations, social media implementation, events planning, and implementation. Address: 40 strand, london wc2n 5rw, united kingdom - foges nv: usd 766,908 event management services including project management, planning, on site and post event support. Address: route de lennik 451, brussels 1070, belgium - change et al pte ltd: usd 575,967 hr, talent, and change management advisory services. Address: level 49, one raffles quay, north tower singapore 048583”

“Program service accomplishments in 2024, we launched the alliance strategy 2030 that shifts our focus from a wide array of smaller projects to larger scale integrated programmes designed to drive systemic change. This strategy, endorsed by our members, is backed by a clear implementation plan and a commitment to long-term impact. We had over 80 innovative projects that test, refine and scale solutions to improve plastic management and recycling. These initiatives often operate in frontier of what is possible whether in regions with high waste leakage, emerging economies with limited infrastructure, or with cutting-edge technologies, novel business models, and creative financing mechanisms.”

“Infrastructure: although flexible packaging which is made of low-density polyethylene (ldpe) makes up close to half of all plastics produced and used in kenya, only one percent is recycled. Most recylcers shun flexibles as they are usually of lower quality than rigid plastics. Many flexibles are printed on, which is considered contamination, making them difficult to recycle. Taka taka solutions limited piloted a facility to recycle lower-value materials like flexible and contaminated hard plastics. They are washed, processed into pellets, and reintroduced into the local plastic production system as an alternative to virgin plastic feedstock. The biggest challenge for initiatives such as this is economic viability. There are no government subsidies and regulations to incentivize recycling or encourage manufacturers to use recycled material. The alliance funded almost half of the construction of a new flexible plastic processing plant through a concessionary loan. Taka taka was able to purchase state of the art equipment including an extruder, pelletizer, washing line and wastewater treatment system. As a result, it can now improve the quality control in its recycling process and increase pellet production. From improving a flawed waste management system to creating fresh demand for plastic recyclables, taka taka has shown that while the plastic waste crisis can be challenging, circular waste management is possible even in difficult markets. Recycling in brazil is often seen as an economically unviable activity. Prices for post-consumer recyclable (pcr) materials are too low to cover collection and procesing costs. Recicleiros, an alliance funded ngo, is working to shift this perception. For nearly two decades, it has been at the forefront of developing systemic solutions for recycling in brazil exploring new business models that make waste management more inclusive and sustainable. In 2024, recicleiros focused on building economically sustainable sorting centres. These centres recover recyclable materials from household and municipal waste streams, bringing them to the market for recycling. While the project made progress, it also faced significant challenges. The cost of maintaining these centres, including paying minimum wages and providing personal protective equipment, is high, while prices for recyclable materials have remained stagnant. To address these challenges, recicleiros has been working on establishing contracts with municipalities to fund recycling services. Recicleiros combines waste collection service fees with revenue from the sale of recyclates to create an economically-viable business model. By convening the actors in the plastics value chain, the project helps local authorities create inclusive, high-impact, and economically viable recycling systems at speed and scale. Cities must apply to be involved, passing a rigorous qualification process that takes into account their infrastructure, resources, capability, as well as their long-term commitment. Despite funding challenges, the project has made some progress. Its future success relies on continued cooperation between municipalities and the private sector to ensure fair pricing and adequate funding for recycling. With support from the alliance, quezon city-based greencycle innovative solutions (gis) continued its efforts in 2024 to tackle the plastic waste issue by bolstering waste management infrastructure and practices. The project operates predominantly in metro manila to collect and recover low-value flexible plastic waste. To process the collected waste, gis works with junk shops and cement plants in the greater manila area. Last year, gis successfully established and developed an additional facility in imus, in the cavite province south of metro manila. The quezon city facility, which began operations in may 2023, has already accomplished its target of collecting 6,000 tonnes of low-value plastic waste and converting it into refuse-derived fuel (rdf).”

“Innovation: lovere's distinctive lime-green smart bins are now a familiar sight to residents living in parts of chengdu and xi'an in china, and their innovative technology is helping users separate their trash more effectively. The number of bins installed in the two cities rose to 3,007 in 2024, representing a major step forward in the company's goal to increase recycling rates from 15 to 35 per cent by 2030 in these cities. The bins do more than just offer a receptacle for recyclables. Shanghai-based lovere has pioneered an innovative plastics recycling system that incentivizes residents by providing micropayments directly into their wechat account for their recycling effortsthe popular chinese social media and payments appin reward for their recycling efforts. Started in 2019, the lovere project is part of china's internet plus recycling strategy, which leverages digital technology to develop new collection models for recyclablesintegrating recovery, collection, sorting, and distribution. At the core of the system are ai-powered smart cameras that classify each deposited item based on its weight and shape to determine its recyclability. If a resident makes an incorrect deposit, lovere can even follow up via their wechat account to explain which items the system can accept. This direct feedback loop has proven effective, with approximately 90 per cent of materials collected being properly recycled. This technology-driven approach to recycling education and promotion is yielding strong results for lovere, which processes over 679,000 tonnes of household recyclables each year in china. While the alliance-funded project focused on chengdu and xi'an, lovere's innovative business model has already scaled nationwidenow operating in approximately 38 cities with a network of around 31,000 intelligent recycling machines in mainland china. The plastic circularity fund is a pioneering initiative aimed at addressing the growing global challenge of plastic pollution. Managed by lombard odier investment managers (loim), it focuses on promoting the transition to a circular economy by investing in businesses that offer scalable and economically viable solutions, enabling the reduction of virgin plastic production and the creation of closed-loop systems. In 2024, the fund invested in german precision heating solutions company watttron in a 10 million series b funding round led by loim. The company has developed advanced heating systems that use pixel-level control to deliver heat with pinpoint accuracy, reducing energy consumption and improving process efficiency. Watttron's technology is particularly transformative in sectors such as packaging, automotive, and medical, where precise thermal management can lead to significant material savings and lower carbon footprints. Its patented digital heating technology enables precise temperature control, which can lead to energy savings of up to 30 per cent compared to traditional heating methods. In industries such as packaging, where uniform and controlled heating is critical, watttron's systems not only cut energy usage but also save up to 50 per cent of plastic material, while minimising overheating and improving product quality. Additionally, the company's technology shortens production times by improving thermal efficiency, further lowering energy requirements and operational costs. In 2024, calyxia secured us$35 million in funding, co-led by loim, to scale its innovative microencapsulation technology. Founded by scientists, the company develops and manufactures sustainable, high-performance solutions for industries such as agriculture, cosmetics, homecare, and advanced materials for energy and automative applications. Calyxia's microcapsules are designed to fully protect and precisely deliver active ingredients, reducing waste and environmental impact while maximising efficiency. By enabling targeted release, they can cut active ingredient use in industrial applications by up to 90 per cent,”

“Education & engagement: during inc-4 in ottawa, we held the circularity in action: solutions for change showcase that featured more than 40 existing and innovative solutions being implemented around the world to reduce plastic waste leakage and improve circularity. The entrepreneurs, funding recipients, ngos, and businesses driving these solutions were present to share their work with inc attendees. Some 600 visitors visited the showcase. Owing to the positive response, a digital twin of the showcase was launched during inc-5.1 at busan. The continuation of our efforts to build and facilitate the inter-industry collaboration necessary for systems change resulted in a solutions for change summit held in new york on 6 december 2024. More than 120 global decision-makers came together to explore innovative ideasfrom nature-based solutions to climate mitigation technologiesand examine how these approaches could help address the plastic waste challenge. The aim was to bring business leaders together to shape an action agenda for advancing corporate sustainability the alliance provides technical input based on real-world experience to governments that may be seeking support in developing national action plans to address plastic waste in their respective countries. At inc-5.1 in busan, the alliance signed a memorandum of understanding (mou) with south africa's department of forestry, fisheries and the environment (dffe) to explore solutions to tackle plastic pollution, including initiatives involving the informal waste sector. Takataka solutions in nairobi, kenya, works with informal waste workers. With the alliance's support, takataka has been providing regular health checkups and even establishing two kindergartens near the dumpsites for children to go to school. In addition, takataka subsidises the kindergarten fees and provides stationery. Prayaash, another alliance-supported project in two provinces of nepal, is improving the lives of informal waste workers by delivering vital training in safety and occupational health, as well as upgrading waste facilities with segregated changing rooms and lactation spaces. Alongside social equity, the alliance is focused on advancing gender equity. In 2022, we formed a strategic partnership with weconnect international, a leading global network that connects women-owned businesses with reputable buyers worldwide. Together, we are identifying and registering women-owned waste management businesses, providing technical and financial support, as well as researching effective interventions to empower women entrepreneurs in waste management. We have also supported the asase foundation in ghana, a social enterprise that is building cleaner communities and economic opportunities. Asase has established three cash it! Recycling plants. These are community-based social enterprises that actively recruit informal workers, especially women. Cash it!'s employees receive uniforms, social security contributions, steady salaries, and other benefits like maternity leave, giving them legitimacy in the public eye. Social and gender equity continue to remain high on our agenda beyond 2025. Our existing projects have taught us much about how to make change happen and we will continue to build on our experience to create social benefit at a greater scale. Ultimately, there is no complete solution to the plastic waste challenge without a just transition for informal workers and gender equity. The alliance developed an integrated waste management project in the malang regency in east java and is currently running a pilot. The project covers household collection, safe disposal, and recycling. The alliance provides technical support to the project and funding for infrastructure development and equipment, such as waste collection vehicles, while the regency government will provide the land for construction, the workforce for the integrated system to run, and will cover the operating costs of the system. Typically, plasti”

“Change in valuation of subsidiaries -489,901.”