CDP: Consumer goods giants prioritising plastic alternatives over low-carbon innovation
As consumer demand for plastic-free and plant-based products soars, large consumer goods firms are prioritising vegan products and recyclable packaging over low-carbon innovation, new research by CDP has concluded.
CDP’s new ‘fast-moving consumers’ report, which ranks 16 of the world’s largest consumer goods companies on their readiness for the transition to a low-carbon economy, reveals that 60% have begun investing in biodegradable plastic alternatives and recycling infrastructure, with Danone leading the charge.
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