Lego plans to phase out fossil fuels in its plastic bricks with renewable and recycled materials by 2032. The company is willing to pay up to 70% more for certified renewable resin to achieve this, with a goal of using more sustainable materials in production. Despite the higher costs, Lego is committed to absorbing the expenses without passing them on to customers. This move comes at a time when there is a surplus of cheap virgin plastic in the market, driven by major oil companies' investments in petrochemicals. Lego's suppliers are using bio-waste and recycled materials as substitutes for virgin fossil fuels in plastic production. The toy industry as a whole is shifting towards using more sustainable materials, with companies like Hasbro and Mattel also exploring plant-based or recycled materials in their products.