Each member has committed to these Ten Principles.
To decrease the volume of plastic and nylon litter and waste before it enters the ocean the members of NextWave commit to demonstrating to other companies the commercial viability and advantages of integrating ocean-bound plastics into their supply chains in the context of heightened consumer, stakeholder, and policy-maker awareness of the environmental impacts of marine plastic.
In all of its actions the Working Group will be open, completely transparent, and accessible both internally with respect to Members and externally with respect to the public at large.
The Working Group will utilize and consistently employ the principles of a creative common approach both internally and externally by taking all actions jointly and by donating to the public domain and to the public at large all of its publications, processes, copyrights and other joint intellectual property, and results.
The Working Group will utilize and consistently employ the best available peer-reviewed science and will develop an external, objective scientific and NGO advisory group to review the Working Group’s efforts and results, and to counsel and advise the Working Group through public recommendations also based on the best available, peer-reviewed science.
Recognizing the critical nature of its invaluable work, the Working Group will cooperate with the Ellen MacArthur Foundation to complement and build upon its New Plastics Economy Initiative.
The Working Group will complement the Clean Seas Campaign, a global UN Environment Initiative that encourages government, corporate, and individual commitments to reduce the extent and impact of marine litter, and the Working Group commits to the Campaign’s Sustainable Development Goal 14 to conserve and sustainably use the oceans, seas, and other marine resources for sustainable development.
The Working Group will minimize its social, environmental, and financial costs while maximizing its benefits to the environment, to the public at large, and to its Members.
The Working Group will evolve together with its long-term Initiative to create a lasting reduction, ultimately to zero, in the amount of plastic flowing into waterways and the oceans.
To demonstrate and document the Working Group’s impact to industry, government, and global audiences, the Working Group will utilize and consistently employ objective performance measures of volume and weight of reduced and recovered ocean-bound plastics and marine litter, of the amounts of original plastics replaced by Members with materials derived from ocean-bound plastics, of the anticipated community and environmental benefits and of those actually achieved, and of stakeholders’ heightened awareness of ocean-bound plastics and marine litter.
The Working Group is committed to working jointly and collaboratively rather than under a single leadership or Member’s direction, is committed to achieving equity in the burdens it places on its Members, and for sensitivity to Members’ needs and concerns to achieve lasting, win-win outcomes that benefit the Members while benefitting the environment and the public at large.
Because Members are also competitors in the marketplace, the Working Group will respect the rights of its Members to their own intellectual property and other proprietary, non-public, confidential, and market-competitive information pertaining to such things as manufacturing processes, supplier contact information, supplier pricing, product composition, and the like while remaining vigilant to avoid even the appearance of potentially collusive or anti-competitive behavior involving the Working Group and its Members.