Disney commits to plastic transparency and reduction goals
Sustainability
In an agreement with Green Century Funds, an environmentally conscious mutual fund, The Walt Disney Company has committed to unveiling its plastic usage in specific sectors of its operations and establishing an additional plastic reduction target. Scheduled for release in 2025, Disney's disclosures will be followed by the announcement of the supplementary plastic reduction goal the subsequent year.
These new pledges come amid escalating regulatory and economic pressures compelling businesses to disclose and curtail the consumption of non-essential single-use plastic.
Building upon its previous strides in reducing single-use plastic, Disney has undertaken significant measures, including the slated elimination of single-use plastic on cruise ships by 2025, the introduction of plastic-free packaging, and the ambitious target of achieving zero waste to landfill for its wholly owned and operated parks and resorts by 2030.
Leslie Samuelrich, President of the Green Century Funds, said: It’s crucial that investors know how a company is addressing its environmental risks and Walt Disney’s commitment will provide important information through its new reporting. It’s a win for the company since single-use plastic is widely unpopular with consumers who recognize that plastics will pollute our environment for generations to come.
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