Valuing plastic: the business case for measuring, managing and disclosing plastic use in the consumer goods industry
23rd June 2014
It is estimated that 10 to 20 million tonnes of plastic is finding its way into the world's oceans each year, costing approximately US$13bn a year in environmental damage to marine ecosystems.
Valuing Plastic: The Business Case for Measuring, Managing and Disclosing Plastic Use in the Consumer Goods Industry is a highly informative publication on the valuation of plastic that allows us, for the first time, to put a figure on the costs companies would incur if the damage caused by waste plastic was included in their accounting.
The report highlights the urgent need for businesses to measure, manage and disclose information on their annual use and disposal of plastic, as many companies already do with carbon emissions. It also provides a series of recommendations for companies that are designed to help ensure a sustainable future for plastic.
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