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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