In today’s dynamic market, companies are increasingly dealing with the complexities of navigating the plastic industry's evolving regulatory landscape. The plastics industry is faced with formidable challenges, including the environmental toll of petroleum-based plastics, the high energy requirements of manufacturing, and ongoing waste management issues.
Governments and industries are collaborating to address the plastic pollution crisis, requiring companies to eliminate single use plastics, transition towards environmentally friendly plastics, and introduce innovative recycling technologies. Our expertise encompasses advising on the dynamic regulatory environment and providing the necessary legal expertise to successfully navigate these changes. We advise companies to embrace digital transformation, invest in new technologies, and commit to a circular economy model. These strategies are key to reducing environmental impact and enhancing operational efficiency.
Our multidisciplinary team works with clients on various matters including the protection of intellectual property, meeting disclosure obligations and promoting ESG compliance, and assisting companies venturing into this space with due diligence. Anticipating the impact of global negotiations in local regulations, we can assist companies on navigating issues related to border restrictions, heightened reporting and adherence to compliance standards as prerequisites for market entry.
At Fasken, we are working towards eliminating single-use plastics in our offices, enhancing our recycling practices, and using more sustainable materials, as part of our commitment to responsible business practices.
