Unilever Bangladesh (UBL), the country’s leading Fast Moving Consumer Goods (FMCG) company, is collaborating with the Institute of Business Administration (IBA), University of Dhaka, on two new areas under its industry-academia partnership. The initiatives include commissioning research to increase understanding of plastic circularity in the context of Bangladesh and providing brand sponsorship to enhance the university academic building.
The research will aim to develop a methodology that addresses challenges faced by recyclers, while also emphasizing producers and consumers’ accountability and responsibility in plastic waste management. Additionally, it will seek to assess Bangladesh’s position in the evolution of plastic circularity within the market and identify feasible models tailored to the local context. Furthermore, the research will outline gaps in current infrastructure and propose the role of public and private entities in constructing a sustainable model for plastic recycling.