Why the Plastic Disclosure Project?
The PDP asks organisations to undertake a baseline measurement of their plastic use and/or waste profile, so that they can better manage, reduce and benefit from the efficient use of plastic with less waste and higher recovery rates. In the movement to the Circular Economy, it is important to first measure what you have, so that you know how to manage it. The world cannot live without plastic in so many of the products we use, but it is important to create a world in which plastic adds value for consumers and businesses without negatively impacting the environment in terms of the waste created.
Plastic is an amazing material -- so versatile it has become embedded and almost essential in all human endeavours. Plastic uniquely ties many of our companies and communities together, as almost all of us use it in some way. You can be part of the discussion of solutions by also joining our Plasticity Forum events, which focus on design, materials, innovation, recycling and solutions that scale, for a reduced waste footprint.
However, when not recognised as a valuable resource, plastic is often mistreated, with significant impacts:
- Roughly 33% of plastic is for single use, and then thrown away.
- Approximately 85% of total global plastic used is not recycled.
- The value of plastic packaging going to landfills in the U.S. alone, is estimated at over U.S.$8bn annually.
- Opportuntiies for expanded job creation and innovation are two of the strong benefits of moving plastic into a more efficient circular economy system.
Plastic pollution is a global problem with long-lasting environmental impact. To avoid plastic pollution, and plastic waste, plastic items need to be reimagined at the end of their useful life -- that is, treated as a resource to be captured and used, instead of a waste to be disposed.
A focus on plastic as a resource can contributes to broader societal issues such as cleaner cities, energy and climate issues, water quality, tourism, and job creation. product design, new material use, and innovation that lead to new business solutions and investment opportunities.
Conversely, organisations that choose to ignore this issue, can be surprised with reputational, economic, regulatory, commercial and investment impacts.
What is the Plastic Disclosure Project (PDP)?
PDP encourages organisations to measure, manage, reduce and benefit from plastic waste in order to create a world in which plastic adds value for consumers and businesses without negatively impacting the environment.
- Reduce plastic waste in the environment
- Encourage sustainable business practices vis-a-vis plastic
- Inspire improved design & innovative solutions
- Support disclosure of plastic footprints and management strategies
- Encourage efficiencies in plastic use, reuse and recycling
- Broaden awareness of plastic investment risks and opportunities
The Plastic Disclosure Project is a project of the Hong Kong and California-based Ocean Recovery Alliance. The group is focused on bringing innovation, technologies, creativity and collaborations together to address some of the challenges that face the ocean and our broader environment. Two preventative solutions to the plastic waste issues are the PDP and Global Alert, both of which were announced at the 2010 Clinton Global Initiative in New York. Ocean Recovery Alliance is now working with both the United Nations Environment Programme (UNEP) and the World Bank's Global Partnership for Oceans on PDP research and programs for cities and their waste analysis.