• Wed. Nov 29th, 2023

Finnish Companies Facing Potential Billions in Losses as European Parliament Debates Controversial Regulation


Nov 20, 2023

The European Parliament is set to vote on the packaging waste regulation, with the goal of reducing waste and overpackaging, and increasing reuse. The Commission predicts that this proposal will result in economic savings of over 47 billion euros in the EU. However, there are more than 500 amendment proposals on the table, which could make the vote complicated and difficult.

The Government of Finland has raised concerns about reducing packaging leading to an increase in food waste or endangering food safety. The law will take its final shape in negotiations between the EU Commission, the Parliament, and the Council of member states. The environment committee of the European Parliament already voted on packaging waste in October, with a majority supporting the proposal for at least 20 percent of non-alcoholic beverages to be offered in reusable packaging from 2030.

However, concerns have been raised by various sectors about increased costs and negative environmental impacts resulting from this proposal. MEPs have expressed dissatisfaction with the Commission’s proposal, arguing that it does not properly consider life cycle thinking and could lead to unsustainable practices. Some MEPs also criticized the Commission’s impact assessments as being inadequate.

The majority of MEPs supported this proposal to reduce packaging waste by offering at least 20 percent of non-alcoholic beverages in reusable packaging by 2030. However, some members are concerned about its potential impact on businesses such as hotels that offer small shampoo bottles for guests use. They believe that these businesses may suffer losses if they are forced to comply with this regulation.

Overall, while there are valid concerns about reducing packaging waste and increasing reuse, it is important for policymakers to weigh these concerns against their ultimate goal: creating a more sustainable future for Europe’s citizens and environment.

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