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Environment

Japan Inc. plays catch up in scramble to bioplastics

ESG investor pressure prods businesses to slash waste and reuse materials

TOKYO -- Japanese companies have committed to move away from the practice of burning plastic waste and embrace a cycle of reusing materials as they risk losing environmentally conscious investors to U.S. and European peers making better progress on recycling.

Household goods producer Kao is encouraging consumers to use shampoo, soap and detergent in refillable bottles. The company says it has reduced plastic use by 93,000 tons compared with when all its products came in single-use containers.

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