At Henkel, we believe that solving the plastic issue is a joint responsibility. That's why we are actively engaged in several partnerships aiming to drive progress towards a circular economy. They include our participation in the New Plastics Economy initiative, cooperation with Plastic Bank and founding membership in the Alliance to End Plastic Waste. We've also set ourselves ambitious targets for sustainable packaging. For example, by 2025, 100 per cent of Henkel's packaging will be recyclable, reusable or compostable.
Globally, we train our employees as Sustainability Ambassadors and engage them to drive sustainability along the entire value chain. In Singapore, our employees have participated in marine debris sample collection and various coastal and waterways cleanup efforts. This year, we will also rally our employees to participate in Henkel's global coastal waste collection initiative. By joining forces, we can make an impact and protect our environment.