'Valuing Plastic' Illustrates Critical Need for Companies to Disclose Data on Plastic Use
By Jennifer Elks- Published on June 23, 2014 by Sustainable Brands
Companies could become more sustainable by improving the way they measure, manage and report the amount of plastic they use in their business operations and supply chains, according to groundbreaking new research by the Plastic Disclosure Project (PDP), the UN Environment Programme and natural capital analysts Trucost.
The report, Valuing plastic: the business case for measuring, managing and disclosing plastic use in the consumer goods industry, which was previewed earlier this month at SB ’14 San Diego, was released today at the UN Environment Assembly in Nairobi, Kenya.
The research is the first-ever assessment of the environmental costs of plastic in business. It calculates the amount of plastic used by stock exchange listed companies in 16 consumer goods sectors and assesses levels of corporate disclosure on plastic. Its aim is to help companies understand the risks and opportunities of plastic and build a business case for improving its management.