Plastic waste and pollution are detrimental to our global ecosystems, economies and communities. Whilst this crisis is a major financial risk to companies, it also serves as a significant opportunity. Acting on plastics can create new business opportunities that bring future commercial value.
In 2023, almost 3000 companies disclosed on plastics for the first time through CDP, a significant step toward making action on plastics business as normal. However, voluntary action alone is not enough.
Now is the time for governments to act. To close the data gap and effectively track progress against targets, governments must agree on a treaty that includes comprehensive mandatory corporate disclosure.
In this transformative period, CDP have led on an open letter to global governments, requesting mandatory corporate disclosure of plastics data in the Global Plastics Treaty to level the playing field. 37 global companies representing US$270 billion in global market capitalization have publicly endorsed this letter.
Through CDP, companies and investors can measure their plastic-related impacts to better manage risks and opportunities, report on progress with transparency, and commit to proactive action.
Learn more about the benefits of corporate disclosure and becoming an investor signatory.