Fast Moving Consumer Goods (FMCG) companies with poor plastic targets risk billions in litigation and compliance costs

A new study by think tank Planet Tracker and the Morgan Stanley Capital International (MSCI) Institute has found that FMCG companies with weak plastic reduction-related practices are at a higher risk of financial issues, including lawsuits, compliance costs, reputational damage, and potential share price declines

The study found a significant accountability gap. More than half of companies in the packaged food sector (55%) have set no packaging-related targets whatsoever. In restaurants, that figure jumps to 72%. And even among those with some commitments, very few have developed comprehensive, company-wide strategies to address the issue.

FMCG companies with poor plastic targets risk billions in litigation and compliance costs

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