Report: Companies' plastic use costs environment $75bn each year

clock

Food sector contributes the largest chunk of the financial cost to natural capital, with the oceans facing acute threats, UN study finds

Consumer goods companies are costing the environment $75bn per year through their use of plastics, revealed a report released today. "Valuing plastic", a report from the Plastic Disclosure Project,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Waste

Plastic pollution: Most companies lack targets to boost recycled packaging content

Plastic pollution: Most companies lack targets to boost recycled packaging content

New study links poor packaging practices to litigation, regulatory costs, and share price risks, particularly in the FMCG sector

Stuart Stone
clock 16 October 2025 • 4 min read
How Notpla plans to replace one billion pieces of single-use plastic with nature-based alternatives

How Notpla plans to replace one billion pieces of single-use plastic with nature-based alternatives

Pierre Paslier, co-founder of seaweed packing innovator Notpla, discusses edible water bottles, finding innovation in the natural world, and looking for the next 'leap'

Stuart Stone
clock 13 October 2025 • 7 min read
How the Great Bubble Barrier is intercepting river plastic before it reaches the ocean

How the Great Bubble Barrier is intercepting river plastic before it reaches the ocean

Philip Ehrhorn, co-founder and chief technology officer at The Great Bubble Barrier, discusses how the technology stops plastics from entering oceans

Stuart Stone
clock 29 September 2025 • 4 min read