New report rates companies' plastic packaging pollution

June 23, 2020
plastic bottles in ocean

 

As You Sow recently launched a new report, Waste & Opportunity 2020: Searching for Corporate Leadership, that benchmarks 50 of the largest food and beverage, consumer packaged goods, and retail corporations on their plastic packaging pollution. The benchmark rates companies on six key pillars where significant effort is needed to reduce global plastic pollution: 1) packaging design; 2) reusable packaging; 3) recycled content; 4) packaging data transparency; 5) support for recycling; and 6) producer responsibility. Companies scored best and demonstrated the most progress in pillars 1, 3, and 5 through their commitments to redesign packaging to be reusable, recyclable, or compostable, as well as their pledge to increase the use of recycled content and support recycling systems. However, of the 50 companies benchmarked, only Unilever received a B level grade while 37 companies received a D or F letter grade.

Mercy Investment Services engages three of the benchmarked companies on plastic pollution: Nestlé, Procter & Gamble, and PepsiCo and will utilize the findings from this report to help encourage further movement and concrete actions to address the issue of plastic pollution.