In an in-depth analysis of plastic production, it has been observed that the production of plastic has increased due to the high dependency on fossil fuels and major investments in petrochemical infrastructure. Furthermore, plastic production is expected to reach 2,000 metric tons by 2050. A lot of plastic is made up of chemicals that negatively impact people and the environment. The adverse effects of plastic pollution on biodiversity affect ecosystems, animal species, and plant species, impairing their ability to provide essential services to society. Why is it important to have ESG? The abbreviation ESG stands for environmental, social and corporate governance. It is a measurement that takes into account a company's social and environmental impact on the global community. It brings awareness to the different climate issues that are occurring and encourages businesses to adopt practices and policies that are better for the environment. ESG not only helps businesses by attracting a more diverse workforce to bring in new ideas, but it also helps businesses have a greater positive impact on our world. Read More @ https://astra.grandviewresearch.com/plastic-industry-esg-outlook

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