Research

Adidas promised by 2024, to use only recycled plastic

Adidas promised by 2024, to use only recycled plastic

The shift to recycled polyester would see the sportswear brand target 5m in sales of recycled footwear this year and 11m in 2019 - but even this would account for just 3% of its annual footwear production. It said it would also stop using virgin plastic in its offices, retail outlets, warehouses and distribution centers, which would save 40 tons of plastics a year. Currently, about 50 percent of the material used in a number of Adidas' products is virgin polyester.

Adidas is the latest company joining the global fight to reduce plastic waste.

Adidas announced it would only use recycled materials in its products by 2024.

One of the problems companies have with moving to recycled plastics is cost. In particular, products made from recycled plastic will be much easier and faster to dry after washing.

More news: Samantha Markle: 'If our father dies I'm holding you responsible, Meg'

"We aim to use 100% recycled polyester in every product and on every application where a solution exists by 2024", Adidas spokeswoman Maria Culp said in a statement. Within a year, Adidas told CNN Money, they expect that their summer apparel line will contain about 41 percent recycled polyester. While some beverages -including many blended drinks - will have dome lids, customers will be able to use straws made out of paper or compostable plastic, but only upon request. "With those kind of volumes, we can not make the transition overnight". It is estimated that there will be more plastic than fish by weight in the world's oceans by 2050.

Adidas is only one major corporation to curtail or eliminate the use of plastic, or specific plastic products in the past year.

Despite global plastic recycling efforts, less than 15 percent of all plastic is properly recycled.