Wed.
Feb 24
2021
Plastics Weekly: Eco-Friendly Products Are Greenwashing, Study Finds

Welcome to NEO’s weekly news monitoring about the plastics industry.

Every Monday, we publish a roundup of the top developments in plastics and sustainability – from regulatory changes to company innovations.

This week’s highlights:

  • Up to 40% of products claiming to have superior environmental credentials may be breaking the law by greenwashing, according to a review by the International Consumer Protection Enforcement Network. The consumer group found that companies often crafted vague “eco” statements, created their own eco-labels that weren’t linked to an accredited organization, and hid or omitted key product information to appear more environmentally friendly. (Bloomberg) 
  • Brightmark, a California-based waste solutions company, is tackling the dual problem of plastic waste and greenhouse gas emissions in partnership with two major companies. It recently entered a partnership with South Korean international petrochemical company SK Global Chemical to construct a commercial-scale plastics renewal plant in South Korea, and last year launched a joint venture with Chevron to develop renewable natural gas (RNG) projects. (Forbes)

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