Standardized corporate plastic waste disclosures can meaningfully accelerate the transition to a circular and low-carbon economy for plastics. As business leaders better understand the environmental, social, and financial consequences of plastics used in their value chain, opportunities for improvement become easier to decipher.
In this discussion paper, we summarize the existing frameworks for corporate plastic waste disclosures and provide recommendations for their improvement. We conclude that existing frameworks already provide a good starting point for universal acceptance. However, their credibility should be further, better account for the full lifecycle of plastics and be more accessible for smaller and medium-sized businesses.
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"Dominic Santschi is a Co-Founder of Ampliphi - an intelligent environmental action platform enabling companies to measure, reduce, and communicate their plastic footprint. Before starting Ampliphi, Dominic worked with a leading plastic credit provider where he spearheaded partnership and business development projects. In this role, he lived in India, the UK, and Switzerland, engaging with myriad multi-stakeholder initiatives such as the US Plastics Pact and the Ocean Plastic Leadership Network. Dominic holds an MSc in Climate Change, Management & Finance from Imperial College London. He also claims to have a closer relationship with packaging in his dustbin than with his neighbours."