Spotlight on ESG: tackling plastics in everyday choices
- 22 November 2024
- Posted by: Mikki Hall
- Category: energy transition
Winter has definitely arrived. For me, that means pulling out the warm clothing and enjoying refreshing herbal teas. Recently, I bought a box of rosehip tea bags, only to be disappointed by the excessive packaging: each individual tea bag was wrapped in a plastic pouch, in addition to the tea pouch, and then packed into a box.
What’s the need for all this extra packaging? I was not sold on the “aroma wrapper – it preserves the aroma and scent of the tea.” It’s just more unnecessary plastic.
As a consumer, this left a bad impression. I won’t be going back to this brand. I won’t even bother telling them why—I’ll simply switch to a supplier that demonstrates a better understanding of sustainability and limits plastic use.
You might say my actions are just a drop in the ocean, but imagine if every consumer made similar choices. Small steps, when taken collectively, can lead to meaningful change.
How focus on ESG can help companies address plastic use
Plastics have become a significant issue, not just for consumers but for companies, spanning production, recycling and environmental impacts. While we can’t eliminate plastics entirely, it’s critical to limit their use to essential applications and eliminate unnecessary items, such as individually wrapped tea bags or plastic packaging for fruits and vegetables, and more.
By addressing plastic use, companies align with growing consumer expectations for sustainability while taking meaningful action to reduce waste and protect ecosystems. These efforts are essential not only for customer loyalty but also for addressing the broader environmental challenges plastics pose.
Reducing plastic usage aligns directly with ESG priorities:
- Environmentally, it mitigates pollution, reduces greenhouse gas emissions and promotes sustainable resource use.
- Socially, it protects public health, supports community responsibility and reflects consumers’ desire for ethical business practices.
- On the governance side, companies that adopt policies to phase out plastics, improve supply chain sustainability and report transparently on these efforts position themselves as leaders in ESG.
Practical steps, such as auditing plastic use, setting reduction targets and investing in alternatives, enable businesses to drive change while enhancing reputation and regulatory compliance.
For companies, reducing plastic use is not just about environmental responsibility—it’s a chance to build trust and align with societal values. Consumers are increasingly choosing brands that reflect their ethical and sustainable priorities.
Incorporating sustainable practices into ESG strategies is a win-win:
- It improves brand perception, strengthening customer loyalty.
- It positions the organisation to meet growing regulatory demands on plastic reduction.
- It contributes directly to long-term environmental goals, showcasing leadership in sustainability.
Practical steps for companies to reduce plastic use
1
Audit plastic usage: identify where plastics are used across operations, supply chains and product lines.
2
Set reduction targets: establish measurable goals for cutting plastic use and include them in ESG reports to demonstrate progress.
3
Invest in alternatives: support research and innovation in biodegradable materials or sustainable packaging solutions.
4
Engage stakeholders: educate and collaborate with employees, suppliers and customers to promote a culture of reducing plastic waste.
5
Advocate for policy change: partner with policymakers and industry groups to support and implement regulations that limit plastic reliance.
Driving change for a sustainable future
PFAS (or per – and polyfluoroalkyl substances), often called “forever chemicals,” have come under increasing regulatory scrutiny due to their persistence in the environment and harmful effects on human health. These chemicals, coupled with the broader issue of plastic waste, highlight the interconnected challenges of modern environmental pollution.
Reducing plastic use is not just an environmental imperative but also a strategic ESG opportunity for companies. By taking proactive steps to minimise plastic reliance and address PFAS concerns, organisations can lead by example, drive meaningful environmental impact, and strengthen relationships with customers and stakeholders, showcasing their commitment to a sustainable future.
Future Energy Partners advises governments, investors, and businesses on environmental, social and governance (ESG) issues, including the alignment of objectives, compensation models, environmental and social risks and opportunities, and environmental and social impact assessments, as well as providing bespoke capacity-building services.
Integrating ESG principles into company strategy can significantly enhance the bottom line. Companies with a strong ESG framework not only achieve greater sustainability but also unlock opportunities for improved financial performance, risk mitigation, and competitive advantage. We’ll show you how to develop and implement a robust ESG plan tailored to your business needs, ensuring measurable impact and long-term value. To find out how we can help, contact us today.