A new report about plastic pollution came out yesterday highlighting that 20 firms produce 55% of world’s plastic waste. More interestingly, it shows who are the banks and investors fuelling this plastic pollution crisis - Barclay’s, HSBC, Bank of America, Citigroup, JP Morgan Chase etc.
The Plastic Waste Makers index
reveals for the first time the companies who produce the polymers that become throwaway plastic items - that litter our streets, pollute our oceans and are burned in our incinerators - and their financiers.
It’s worth reminding people that plastic made from oil and gas. In other words, manufacturing single use plastic items does contribute to climate change.
The link between the two crisis has been ignored for too long. I hope that this report will help put plastic reduction at the centre of the climate change fight and will spear authorities and organisations into action.