Commitment to Action

Introduction of the Plastic Disclosure Project

Commitment by

Ocean Recovery Alliance

In 2010, the Ocean Recovery Alliance (ORA), whose focus is on reducing the amount of plastic waste in the oceans, committed to launch the Plastic Disclosure Project (PDP), a global effort to encourage greater disclosure by companies and institutions regarding their plastic use and waste management strategies. Modeled after the Carbon Disclosure Project, PDP is driven by the world's investment community and other stakeholders who are concerned about regulatory risk, corporate governance, transparency, and social responsibility. Annual voluntary reporting on plastic use in manufacturing, supply chains, consumer products, and waste management will be asked of companies so that the investment community can better assess the plastic footprint of those products and operations. The project will inspire changes in design, new materials, and recycling, and bring improvements to the health and ecosystems of many communities.

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Overview
Summary

Commitment

Introduction of the Plastic Disclosure Project

Launched

2010

Est. Duration

7 years

Estimated Total Value

$450,000

Region

Northern America

Countries

Global

Commitment by

Ocean Recovery Alliance

Partner(s) of the Commitment Maker(s)

World Bank Group, Association for Sustainable & Responsible Investment in Asia, Ocean Recovery Alliance, Hong Kong University Of Science And Technology, United Nations Environment Programme (UNEP)