Sustainable plastic could save businesses $3.5bn

There are significant business opportunities for companies scaling up sustainable plastic but a lot more work is needed

Some 8% of fossil fuel dependency is attributed to producing plastic. Photograph: Bogdanwanko/123RFCompanies using sustainable plastic could avoid environmental costs worth $3.5bn (£2.4bn) globally, according to a discussion paper by consultancy Trucost.

The paper, published on 3 May, draws on interviews with plastics and recycling experts, as well as company case studies.

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