Recent studies by Franklin Associates and Denkstatt, which modeled the substitution of plastic with alternative materials (such as paper, steel, aluminum and glass), suggest that a move away from plastics may come at an even higher net environmental cost. This study seeks to build upon this 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.
Publisher: Truscost