Investors Pressure Oil Giants on Ocean Plastics Pollution
Several of the largest producers of the fossil fuel feedstocks used to make plastics are being pressured by investors to explain what the companies are doing to reduce plastic waste in the world's oceans and waterways.
Plastics represent a new direction for the activist shareholders, who for years have focused on greenhouse gas emissions from fossil fuels in their effort hold corporations responsible for the environmental fallout of their industries.
By turning attention to plastics, the investors hope to kick-start a conversation with the industry that will provide a realistic view of the size and scope of the plastics problem, exemplified by the millions of tons of garbage left behind to float in the oceans when plastics are not recycled. Read Full Article - Inside Climate News, May 6, 2019