Case Study / 27 Jul 2016

American Chemistry Council (ACC)

Trucost applied its natural capital valuation framework to value the environmental costs of plastic and its alternatives.

The American Chemistry Council (ACC) represents a diverse set of companies engaged in the business of chemistry. It works to solve some of the biggest challenges facing our nation and our world. Its mission is to deliver value to its members through advocacy, using best-in-class member engagement, political advocacy, communications and scientific research. It is committed to fostering progress in our economy, environment and society.

ACC commissioned Trucost to build upon existing research using Trucost’s natural capital valuation framework to value the environmental costs of plastic and its alternatives, and consider how more sustainable practices could help reduce the environmental costs of plastic use in the consumer products sector.

“We now have a fuller picture of the environmental benefits of using plastics. From lighter, more fuel-efficient cars to smart packaging that helps our favorite foods last longer, our industry is committed to ongoing innovations that will advance sustainability across major market sectors and the globe. Now is an exciting time for plastics and for sustainability. Emerging economies around the world are creating opportunities for more people to have access to health and hygiene products, good nutrition and the things that help us get more out of life. Making smart choices about what we produce and how we produce it will benefit people and the planet”.

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