LEGO launching 'sustainable' plant-sourced bricks later this year

LEGO launching 'sustainable' plant-sourced bricks later this year

LEGO launching 'sustainable' plant-sourced bricks later this year

"LEGO® botanical elements such as leaves, bushes and trees will be made from plant-based plastic sourced from sugarcane in the future and will appear in LEGO boxes already in 2018".

"We are proud that the first Lego elements made from sustainably-sourced plastic are in production and will be in Lego boxes this year", Tim Brooks, the Lego Group's vice president for environmental responsibility, said in a statement.

Lego says the new plant-based elements are technically identical to those produced using conventional plastic.

The company said that although the new items are made from polyethylene, a soft and flexible plastic, they look and feel just like classic Lego pieces and will fit together seamlessly.

"At the Lego Group we want to make a positive impact on the world around us, and are working hard to make great play products for children using sustainable materials", said Tim Brooks, Lego's vice president of environmental responsibility.

The New York REIT (NYRT) Scheduled to Post Earnings on Wednesday
ValuEngine upgraded shares of New York REIT from a "hold" rating to a "buy" rating in a research report on Friday, December 1st. BMO Capital Markets maintained the shares of DFS in report on Wednesday, January 24 with "Hold" rating.

Stocks glide higher again as Treasury yields ease
USA crude rose 36 cents to settle at $63.91 per barrel and Brent gained 19 cents to settle at $67.50 per barrel. The US 10-year Treasury yield eased to 2.8605 per cent, slipping from the four-year high it hit last week.

Changes to waste and recycling collections - Friday 2 March
Extra recycling waste must be put in white bin liners or other clear bags only as any in black bin bags will not be taken. Households due to have their recycling collected next week will have any remaining black bins dealt with first.

However, the new polyethylene elements will only make up "1-2 percent" of the total amount of conventional plastic the company now produces.

"It is thought that the phenomenon is due to almost 4.8 million Lego toy parts falling overboard from a container ship in a storm off Land's End in 1997".

The pieces will be made in accordance with the Bioplastic Feedstock Alliance (BFA) and are certified by the Bonsucro Chain of Custody - which is the gold-standard, and gold-star for the responsible production of sugar cane-based products.

Lego said the sustainably-sourced items would account for only 1-2 percent of the total amount of plastic pieces it produces, adding that it has joined a World Wildlife Fund (WWF) program to ensure the raw material is sustainable.

There is no common definition of a sustainable material. Along with sourcing 100 percent of its energy needs from renewables, it has also set a 2030 target to reach zero waste across all its operations.

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