Valuing Plastic - The Business Case for Measuring, Managing and Disclosing Plastic Use in the Consumer Goods Industry
Plastic is one of the most useful and important materials in modern society. But the environmental impacts of plastic cannot be ignored. Concerns are growing about its impact on the world’s ecosystems. Marine wildlife is particularly vulnerable, and harmed through entanglement and ingestion of plastic. There is a risk of microscopic particles of plastic transferring toxins into the food chain. Fields, streets and beaches are increasingly littered with plastic bottles, bags and other trash. Plastic manufacturing processes use non-renewable resources, such as oil, and release greenhouse gases into the atmosphere contributing to climate change. In addition, the use of chemical additives in plastic may be hazardous to human health. All of these impacts are gaining increased attention from stakeholders such as non-governmental organizations (NGOs), international institutions, governments, and the general public.