All of the attention and pressure that have been brought to bear on plastics packaging in recent years have led to a flood of environmental and sustainability goals.
But just how are companies, both individually and overall, advancing toward these ambitions?
Many firms in recent years have set goals tied to 2025 and, sometimes, 2030. As 2021 turns into 2022, the time frame for achieving the 2025 ambitions grows shorter day by day.
But there's still time, and that's a good thing, because the research shows there remains plenty of heavy lifting.
Ubuntoo, which works with firms to help them achieve their environmental goals, wanted to take a look at large companies, their efforts at sustainability and progress to date. The firm operates what it calls a global environmental solutions online platform that can connect companies with sustainability solutions and experts. Ubuntoo likens it to a matchmaker service of sorts.
Ubuntoo worked with Brandscapes Worldwide, a data analytics firm, to create the first ever "Plastic Promises" report measuring both ambition and action toward reducing plastic packaging waste.
Ubuntoo looked at 176 global companies in 17 industries to develop scores in four categories: commitment to reduce virgin plastic use, use of recycled content, packaging recyclability and recovery/collection goals.
"A lot has been written about the problem of plastic pollution and its impact on the environment. Often, large consumer product companies or plastics producers are portrayed as the leading cause of the problem," Venkatesh Kini, co-founder of Ubuntoo, said in an email interview.