World First Report Reveals the Environmental Impact of the Consumer Goods Industry’s Use of Plastics

By Elizabeth Coad

- Published on June 23, 2014 by Business Wire

NEW YORK--(BUSINESS WIRE)-- In a new first-of-its kind report released today, the natural capital cost of the worldwide consumer goods industry’s impact on the environment through the use of plastics in its products has been valued at more than $75 billion dollars per year. The research is the world’s first-ever assessment of the environmental costs of plastics in business.

“The research unveils the need for companies to measure, manage and report on their plastic use to not only improve their bottom line through increased efficiencies, but build creditability and win customers by creating more sustainable products.”

The report, ‘Valuing plastic: the business case for measuring, managing and disclosing plastic use in the consumer goods industry’ details the amount of plastic used by stock exchange listed companies in sixteen consumer goods sectors, and places monetary values on their environmental impacts. Levels of corporate disclosure on plastic are also assessed.

Read the full article here >>

Recent Posts

See All

From Plastic Waste Trade War to Circular Economy

By Trish Hyde and Doug Woodring, Urbanet In a world reliant on global trade, plastic waste has become toxic. The heady mix of plastic waste, global damage, and national interest has sparked two sparri



 Email Us:

USA: +1 (415) 307-7720 | c/o Ocean Recovery Alliance, 1230 Clay St. #203, San Francisco, CA 94108 

Hong Kong: +852 2803 0018  |  c/o Ocean Recovery Alliance, 20/F Central Tower, 28 Queen's Road Central, Hong Kong

© 2021