The Dutch Association of Investors for Sustainable Development (VBDO), managing €10 trillion in assets, has called on corporations to accelerate action on plastics to reduce their environmental impact. The VBDO has called for corporations to set ambitious targets to reduce plastic use and eliminate single-use plastics to reduce their environmental impact. This call to action is expected to have significant effects on corporations across the globe in terms of sustainability and ESG.

In a new report by McKinsey, Climate impact of plastics, the total green house gas contribution of plastic versus the alternatives is scientifically measured. McKinsey looked at examples from the top five plastic consuming sectors and measured not only the product lifecycle of plastic vs other options, but also the impact of our use. The results may come as a bit of a surprise to many