| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: |
INFRASTRUCTURE: WITH THREE BILLION PEOPLE HAVING NO ACCESS TO ORGANISED WASTE MANAGEMENT SYSTEMS, MANY CITIES (AND COUNTRIES) LACK THE REQUISITE INFRASTRUCTURE TO PROPERLY RECOVER AND RECYCLE WASTE. THE INFRASTRUCTURE PILLAR IS A CRITICAL PART OF OUR STRATEGY. THEREFORE, THE ALLIANCE HAS COMMITTED SIGNIFICANT RESOURCES TO PROJECTS THAT ARE BUILDING BASIC WASTE MANAGEMENT INFRASTRUCTURE, INCLUDING HOUSEHOLD COLLECTION, PROCESSING THROUGH MATERIAL RECOVERY FACILITIES (MRFS), AND RECYCLING OR RECOVERY OF THE VALUE OF PLASTIC WASTE. SELECTED PROJECTS FROM THE ALLIANCE PORTFOLIO CONTRIBUTING TO THE INFRASTRUCTURE PILLAR ARE DETAILED BELOW: THE BERSIH INDONESIA: ELIMINASI SAMPAH PLASTIK (CLEAN INDONESIA: ELIMINATION OF PLASTIC WASTE) PROGRAMME WAS INITIATED IN 2021 WITH THE CONCLUSION OF A FEASIBILITY STUDY THAT IDENTIFIED THREE TARGETED REGENCIES (DISTRICTS) IN INDONESIA WITH MALANG IN EAST JAVA BEING THE FIRST PROJECT LOCATION. TOGETHER WITH THE MALANG REGENCY GOVERNMENT, DETAILED DESIGN WORK WAS CARRIED OUT TARGETING THE PROVISION OF WASTE MANAGEMENT SERVICES TO 2.6 MILLION PEOPLE ACROSS AN AREA OF 3500 SQUARE KILOMETRES. THE PROJECT HAS DEVELOPED PLANS FOR A COMPREHENSIVE WASTE COLLECTION AND PROCESSING INFRASTRUCTURE THAT WILL BE OWNED AND OPERATED BY THE REGENCY GOVERNMENT, COMPRISING 5 MATERIAL RECOVERY FACILITIES AND 5 TRANSFER STATIONS, EMPLOYING MORE THAN 3,000 WORKERS. PROJECT STOP IN THE JEMBRANA REGENCY, INDONESIA WAS SPONSORED BY THE ALLIANCE ALONG WITH BOREALIS GMBH AND SYSTEMIQ. THIS ACTIVITY IMPLEMENTS AN INTEGRATED WASTE MANAGEMENT SYSTEM AND RELATED INFRASTRUCTURE. IN 2021, THE SYSTEM CAME INTO OPERATION WITH THE START-UP OF THE MATERIAL RECOVERY FACILITY AND THE SEQUENTIAL ROLL-OUT OF THE PROGRAMME THAT IS ULTIMATELY TARGETING THE PROVISION OF WASTE MANAGEMENT SERVICES TO 42,000 HOUSEHOLDS ACROSS 22 VILLAGES. IN PARTNERSHIP WITH THE REGENCY GOVERNMENT, THE SYSTEM IS ENROLLING THE LOCAL COMMUNITY IN WASTE MANAGEMENT BEST-PRACTICES, PROVIDING HOUSEHOLD COLLECTION OF SEGREGATED WASTE STREAMS THAT ARE SORTED AT THE MRF, WITH RECYCLABLES CONSOLIDATED FOR SALE. THE CLOSING THE LOOP PROJECT FROM THE ASASE FOUNDATION IN ACCRA, GHANA, RAMPED UP OPERATIONS AT COLLECTION LOCATIONS AND AT THE FIRST CASH IT! SORTING AND PROCESSING PLANT. THE PROJECT SUPPORTS LOCAL ENTREPRENEURS FROM VULNERABLE COMMUNITIES IN THE COASTAL CITY OF ACCRA IN GHANA VIA A SIMPLE AND EFFECTIVE METHOD. PLASTIC WASTE IS COLLECTED AND SOLD TO CASH IT!, WASHED AND GRINDED, AND SOLD TO BE REUSED IN PRODUCTS SUCH AS HOUSEHOLD OR BUILDING MATERIALS. NOT ONLY ARE THE WASTE MANAGEMENT ISSUES ADDRESSED IN ACCRA, BUT THE UNLOCKED VALUE OF PLASTIC WASTE IS CHANNELLED BACK TO THESE COMMUNITIES IN THE FORM OF JOBS AND NEW INCOME STREAMS. WORK STARTED IN 2021 ON THE SECOND CASH IT! PLANT SUPPORTED WITH CO-FUNDING FROM EUROPE AID. THE PLANKS OF PROMISE PROJECT RAMPED UP SUBSTANTIALLY DURING 2021. THE PLASTIC FLAMINGO (THE PLAF) HAS ESTABLISHED A FACTORY AND NETWORK OF MORE THAN 200 COLLECTION POINTS IN METRO MANILA AND BEYOND, TO COLLECT AND PROCESS PLASTIC WASTE INTO PLASTIC BUILDING PRODUCTS INCLUDING BOARDS AND PLANKS. THE FIRST PROTOTYPE SHELTER BUILDING WAS COMPLETED USING PLAF PRODUCTS AND SALES OF THEIR PRODUCTS FOR USE IN OTHER APPLICATIONS INCLUDING DECKING AND OUTDOOR FURNITURE COMMENCED. RECOGNISING THE CHALLENGE OF CREATING VALUE FROM LOW VALUE PLASTIC WASTE, THE ALLIANCE PARTNERED WITH CRDC GLOBAL TO SUPPORT THE RAMP UP OF THEIR RESIN8 TECHNOLOGY AT TWO LOCATIONS IN SAN JOSE, COSTA RICA AND PENNSYLVANIA, USA. RESIN8 IS AN INNOVATIVE TECHNOLOGY FOR CONVERTING CO-MINGLED AND DIFFICULT TO-RECYCLE PLASTIC WASTE (INCLUDING MRF RESIDUALS AND RIVER/OCEAN BOUND PLASTIC) INTO A HIGH-VALUE, LIGHTWEIGHT AGGREGATE. THIS IS UTILIZED AS A CONCRETE MODIFIER IN STRUCTURAL AND NON-STRUCTURAL CONCRETE PRODUCTS, ENHANCING END-CHARACTERISTICS SUCH AS STRENGTH, WEIGHT, AND THERMAL PROPERTIES. THE ALLIANCE SUPPORTED THE CIRCULAIRE ABIDJAN PROJECT WITH COLIBA AFRICA IN IVORY COAST TO COLLECT AND PROCESS RIGID PLASTIC WASTE. THE PROJECT IS DEPLOYING COLLECTION BINS AT SERVICE STATIONS AND OTHER LOCATIONS, AS WELL AS BUY-BACK CENTERS HOUSED IN 40 FT CONTAINERS LOCATED AROUND ABIDJAN. COLLECTED WASTE IS WASHED AND GRINDED AT AN EXISTING SMALL FACILITY. THE ALLIANCE IS SUPPORTING THE ESTABLISHMENT OF A NEW STATE-OF-THE-ART PET RECYCLING PLANT BY FUNDING THE PURCHASE OF PROCESSING EQUIPMENT THAT WILL ENABLE COLIBA AFRICA TO SCALE UP CAPACITY. |
| FORM 990, PART III, PROGRAM SERVICE ACCOMPLISHMENTS: |
PROGRAM SERVICE ACCOMPLISHMENTS IN 2021, THE ALLIANCE FURTHER EXPANDED ITS PROJECT PORTFOLIO TO MORE THAN 40 INITIATIVES ACROSS ALL FOUR STRATEGIC PILLARS TO ADDRESS THE PLASTIC WASTE CHALLENGE SUPPORTING THE DEVELOPMENT OF A CIRCULAR ECONOMY FOR PLASTIC. |
| FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: |
INNOVATION: INNOVATION IS VITAL TO ADVANCE TECHNOLOGIES, AND WE SUPPORT AND INCUBATE IDEAS TO SCALE NEW SOLUTIONS TOWARDS ACHIEVING A CIRCULAR ECONOMY FOR PLASTIC. INNOVATIONS CAN COME FROM ANYWHERE AND THE ALLIANCE IS FOCUSED ON IDENTIFYING AND ENABLING INNOVATORS AND ENTREPRENEURS WITH SOLUTIONS TO ADDRESS THE PLASTIC WASTE CHALLENGE. INNOVATIVE IDEAS FEATURE IN MANY OF THE ALLIANCE'S PROJECTS, WHERE WE SERVE TO DE-RISK NEW IDEAS AND ENABLE PROOF OF CONCEPT. SPECIFICALLY, THE ALLIANCE WORKS WITH DIFFERENT PLATFORMS TO IDENTIFY AND SUPPORT INNOVATIVE START-UPS AND VENTURES. SELECTED PROJECTS FROM THE ALLIANCE INNOVATION PILLAR ARE DETAILED BELOW: THE ALLIANCE HAS SPONSORED THE PLUG AND PLAY TECH CENTER END PLASTIC WASTE INNOVATION PLATFORMTO FOSTER START-UPS FROM ACROSS THE PLASTIC VALUE CHAIN AND TRANSFORM PLASTIC WASTE MANAGEMENT AROUND THE WORLD. THE PROGRAM EXPANDED IN 2021, WITH THE ADDITION OF THREE NEW HUBS IN SHANGHAI, CHINA; JOHANNESBURG, SOUTH AFRICA; AND SAO PAOLO, BRAZIL, JOINING THE EXISTING LOCATIONS OF SILICON VALLEY, PARIS, AND SINGAPORE. SINCE INCEPTION THE PROGRAMME HAS ATTRACTED OVER 3,000 START-UPS WITH MORE THAN 100 FINALISTS PARTICIPATING IN OUR ACCELERATOR PROGRAMMES. THE PLATFORM IDENTIFIES INNOVATIVE IDEAS IN THE FOLLOWING KEY AREAS: 1) COLLECTION, MANAGEMENT, AND SORTING OF PLASTIC WASTE; 2) RECYCLING AND PROCESSING TECHNOLOGIES; 3) EXTRACTION AND VALUE CREATION FROM POST RECYCLE PLASTICS. THE ALLIANCE SPONSORS THE INCUBATION NETWORK BY THE CIRCULATE INITIATIVE & SECONDMUSE WHICH ACTS AS CATALYST FOR ACTION AND INVESTMENT IN THE CIRCULAR ECONOMY THAT AIMS TO PREVENT THE FLOW OF PLASTIC WASTE INTO THE WORLD'S OCEANS. THE INCUBATION NETWORK HAS DESIGNED AND DELIVERED PROGRAMS THAT DRIVE INVESTMENT, INNOVATION, AND PARTNERSHIPS FOR INCLUSIVE AND GENDER-RESPONSIVE WASTE MANAGEMENT AND CIRCULAR ECONOMY SOLUTIONS. SEVERAL NEW PROGRAMMES WERE LAUNCHED IN 2021, IDENTIFYING AND SUPPORTING START-UPS IN THE SOUTH AND SOUTHEAST ASIA REGION. IN SEPTEMBER 2021, THE EUROPEAN BRANDS ASSOCIATION, AIM, AND THE ALLIANCE ANNOUNCED A PARTNERSHIP TO DRIVE THE NEXT STAGE OF DEVELOPMENT FOR INTELLIGENT WASTE SORTING UNDER THE DIGITAL WATERMARKS INITIATIVE, HOLYGRAIL 2.0. TOGETHER, WE CONDUCTED WITH THE CITY OF COPENHAGEN A SEMI-INDUSTRIAL TRIALS. HOLYGRAIL 2.0 BRINGS DEVELOPERS ONE STEP CLOSER TO PRECISION IDENTIFICATION AND SORTING OF PLASTIC PACKAGING WASTE THROUGH DIGITAL WATERMARKS. WITH THIS PROCESS COMES THE POTENTIAL TO TAKE A MAJOR STEP FORWARD IN THE SORTING OF PLASTIC WASTE FOR RECYCLING. THE ALLIANCE INITIATED A PRIZE CHALLENGE WITH CARROT, A SPECIALIST FIRM DEVELOPING AND IMPLEMENTING COMPETITIONS TO UNCOVER INNOVATIVE SOLUTIONS TO SOME OF THE WORLD'S GREATEST CHALLENGES. THE ALLIANCE PRIZE IN CIRCULAR SOLUTIONS FOR FLEXIBLES WILL AWARD $3M TO A SCALABLE, INNOVATIVE SOLUTION THAT EXTRACTS A HIGH VALUE OF HIGH-QUALITY, FIT-FOR-PURPOSE RECYCLATESFROMFLEXIBLE FILMSFOUND INHOUSEHOLD WASTE WITH THE WINNER TO BE ANNOUNCED IN Q4 2022. |
| FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS: |
EDUCATION & ENGAGEMENT: EDUCATION AND ENGAGEMENT IS AN IMPORTANT STRATEGIC PILLAR OF THE ALLIANCE'S MISSION TO HELP END PLASTIC WASTE IN THE ENVIRONMENT. WE BELIEVE LASTING CHANGE IS POSSIBLE WHEN PEOPLE UNDERSTAND THEIR ROLE IN ADDRESSING PLASTIC WASTE AND PARTICIPATE IN SOLUTIONS THAT WILL CONTRIBUTE TO THE COLLECTION AND RECOVERY OF PLASTIC WASTE, THEREBY REDUCING ITS LEAKAGE INTO THE ENVIRONMENT. THIS ALLIANCE PILLAR FEATURES IN MANY OF THE PROJECTS THE ALLIANCE UNDERTOOK IN 2021. PROGRAMME ACTIVITIES INCLUDING PROJECT AVIRAL IN RISHIKESH AND HARIDWAR, INDIA; PROJECT STOP IN JEMBRANA, INDONESIA; PLANKS OF PROMISE IN MANILA, PHILIPPINES; PROJECT GIRO IN OLAVARRIA, ARGENTINA; RAYONG WASTE LESS IN THAILAND. THESE PROGRAMMES AND OTHERS ALL INCLUDE IMPORTANT EDUCATION AND COMMUNITY ENGAGEMENT COMPONENTS IN ADDITION TO PROVIDING INFRASTRUCTURE. SPECIFICALLY, THESE PROGRAMS INCLUDE THE DEVELOPMENT OF EDUCATION AND TRAINING MATERIALS, COMMUNITY OUTREACH EFFORTS, TRAINING OF WASTE WORKERS, AND ENGAGEMENT WITH SCHOOL CHILDREN. THESE EFFORTS HAVE THE GOAL OF SHARING KNOWLEDGE AND FOSTERING ENGAGEMENT, WHICH ALONGSIDE ALLIANCE INVESTMENTS IN INTEGRATED WASTE MANAGEMENT INFRASTRUCTURE, PROVIDE COMMUNITIES WITH THE EDUCATIONAL TOOLS NEEDED FOR CHANGE. IN 2021, DEDICATED EDUCATION PROJECTS WERE LAUNCHED WITH SOCEO IN CALCUTTA, INDIA AND PLASTIC BANK IN BALI, INDONESIA. BOTH OF THESE PROJECTS INVOLVED DEVELOPING CURRICULUM MATERIALS TO IMPROVE UNDERSTANDING ABOUT PLASTIC, WASTE MANAGEMENT AND RECYCLING. SPECIFICALLY, THE OCEAN STEWARDS PROGRAMME WITH PLASTIC BANK TARGETS A TOTAL OF 20 SCHOOLS JOINING THE CURRICULUM'S PILOT LAUNCH, WHICH ALSO INVOLVES TEACHER TRAINING WITH LEARNING RESOURCES FROM PLASTIC BANK. OVER TIME, THE GOAL OF THE PROGRAMME IS TO EVOLVE INTO A DIGITAL EDUCATION MODEL THAT CAN BE RAPIDLY SCALED ACROSS SCHOOLS WORLDWIDE. THE ALLIANCE ALSO ENGAGED WITH UNIVERSITIES IN SOUTH EAST ASIA SPONSORING RESEARCH IN A NUMBER OF AREAS THAT WILL CONTRIBUTE TO HELP ENDING PLASTIC WASTE AND TRAINING THE NEXT GENERATION OF SCIENTISTS AND PROFESSIONALS TO CONTRIBUTE TO A CIRCULAR ECONOMY FOR PLASTICS. THIS INCLUDES THE RECYCLED PLASTIC IN ROADS PROJECT, JOINTLY UNDERTAKEN WITH THE CHIANG MAI UNIVERSITY IN THAILAND, AND THE NATIONAL UNIVERSITY OF SINGAPORE. LASTLY, WE HAVE ENGAGED IN A GRANT CALL WITH NANYANG TECHNOLOGICAL UNIVERSITY IN SINGAPORE, PARTICIPATING IN THE FUNDING OF A GRANT CALL UNDER THEIR ACCELERATING CREATIVITY AND EXCELLENCE (ACE) PROGRAM TO FUND THE DEVELOPMENT OF NOVEL, EARLY-STAGE IDEAS THAT WILL CONTRIBUTE TO HELP ENDING PLASTIC WASTE. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT & CEO THEN THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL TO RELEASE BEFORE IT IS CIRCULATED TO THE BOARD OF DIRECTORS AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE DIRECTORS, OFFICER, EMPLOYEES & REPRESENTATIVES OF AEPW ARE SUBJECT TO AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURES. EACH DIRECTOR IS PROVIDED WITH A COPY OF AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURES AND SIGNS AN ANNUAL ACKNOWLEDGEMENT OF THE POLICY & PROCEDURES, WITH DISCLOSURE OF ANY CONFLICT OR POTENTIAL CONFLICTS OF INTEREST. A REMINDER OF AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURE IS GIVEN AT EACH MEETING HOSTED BY THE ALLIANCE, INCLUDING BOARD AND EXCOM MEETINGS. THE POLICY PROVIDES THAT POTENTIAL CONFLICTS OF INTEREST MUST BE DISCLOSED TO AEPW'S GENERAL COUNSEL AT THE EARLIEST POSSIBLE JUNCTURE. DIRECTORS, OFFICER, EMPLOYEES & REPRESENTATIVES WHO ARE SUBJECT TO A CONFLICT OF INTEREST MAY NOT PARTICIPATE IN CONSIDERATION OF PROPOSED TRANSACTIONS FOR WHICH THEY HAVE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 |
DECISIONS WITH REGARDS TO THE COMPENSATION OF THE CEO AND KEY EMPLOYEES ARE MADE BY THE COMPENSATION COMMITTEE AND THE REPRESENTATIVES OF THE BOARD OF THE ALLIANCE. THE COMPENSATION PACKAGE FOR THE CEO AND KEY EMPLOYEES ARE BASED ON GLOBAL MARKET STANDINGS INCLUDING CONSIDERATIONS FOR SINGAPORE. |
| FORM 990, PART VI, SECTION C, LINE 19 |
GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IMPACT OF THE COVID-19 PANDEMIC |
ON JANUARY 30, 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE CORONAVIRUS OUTBREAK A "PUBLIC HEALTH EMERGENCY OF INTERNATIONAL CONCERN AND ON MARCH 10, 2020, DECLARED IT TO BE A PANDEMIC. ACTIONS TAKEN AROUND THE WORLD TO HELP MITIGATE THE SPREAD OF THE CORONAVIRUS INCLUDE RESTRICTIONS ON TRAVEL, AND QUARANTINES IN CERTAIN AREAS, AND FORCED CLOSURES FOR CERTAIN TYPES OF PUBLIC PLACES AND BUSINESSES. THE CORONAVIRUS AND ACTIONS TAKEN TO MITIGATE IT HAVE HAD AND ARE EXPECTED TO CONTINUE TO HAVE AN ADVERSE IMPACT ON THE ECONOMIES AND FINANCIAL MARKETS, INCLUDING THE GEOGRAPHICAL AREA AND SECTORS IN WHICH THE ALLIANCE OPERATES. MANAGEMENT WILL CONTINUE TO REVIEW THE COVID 19 SITUATION AND ADJUST ITS PLANNED EXPENDITURE IF THERE IS POTENTIAL SIGNIFICANT IMPACT ON THE CONSOLIDATED FINANCIAL POSITION AND ACTIVITIES OF THE ALLIANCE. |
Attach to Form 990 or 990-EZ.