Early Report on Valuing Plastic
By Jennifer Elks- Published on June 6, 2014 by Trucost
On the evening of June 5, an advanced copy of the Executive Summary of "Valuing Plastic: The Business Case for Measuring, Managing and Disclosing Plastic Use in the Consumer Goods Industry" was shared with the Sustainable Brands® community during SB’14 San Diego.
This report will be launched on June 23rd in Nairobi, Kenya, at the United Nations Environment Assembly, but will be discussed for the first time in public by Trucost's CEO, Richard Mattison, at the Plasticity Forum in NY on June 24th.
Plastic Disclosure Project is releasing this publication in partnership with United Nations Environment Programme (UNEP) and Trucost. It articulates the business case for companies to measure, manage and disclose information on their annual use and disposal of plastic.
This report uses natural capital valuation to identify ‘hotspots’ of pollution or resource use in the consumer goods industry. It can be used by companies to target efforts to optimize plastic use and reduce end-of-life impacts. Measuring, managing and disclosing plastic use allows businesses to weigh their impacts on the environment and improve their sustainable business practices.