The Australian Packaging Covenant (APC) will announce a new board structure and five-year-plan by the end of 2016.
The “enhanced Covenant”, according to new CEO Trish Hyde, will be officially launched in January 2017.
“We will see more collaborative, targeted approaches to minimising the environmental impacts of packaging, she said.
“We are also changing the way we are governed and operate, so that we are more accountable, transparent and relevant – including becoming a company regulated by ASIC and the ACNC, and adopting a new board structure with industry and independent directors to provide stewardship.”
Trish Hyde
In a letter to the APC, Federal Environment Minister Greg Hunt confirmed ongoing government support for the Covenant.
He said the Covenant was “a central tool in addressing the environmental impacts of consumer packaging”.
Hunt is currently working with ministers on a joint statement about the scope and goals of the agreement.
In collaboration with industry and jurisdictions, the Covenant will draw on these recommendations for its five-year strategic plan.
Hyde said compliance conditions and reporting requirements would remain unchanged, and signatories should budget for their annual contribution in the coming financial year.
