Ocean Recovery Alliance

The Ocean Recovery Alliance has an array of ocean initiatives. It's Plastic Disclosure Project asks organisations to measure, manage, reduce and benefit from plastic waste in order to create a world in which plastic adds value for consumers and businesses without negatively impacting the environment. Together with Trucost and UNEP they published in 2014, 'Valuing plastic: the business case for measuring, managing and disclosing plastic use in the consumer goods industry', the first-ever assessment of the environmental costs of plastic in business. It calculated the amount of plastic used by stock exchange listed companies in sixteen consumer goods sectors and assessed levels of corporate disclosure on plastic. Trucost calculated the total natural capital cost of plastic in the consumer goods industry to be more than US$75 billion per year.