Ocean conservation

Plastic Stewardship Program

A Plastic Stewardship Program is a structured framework that enables organizations to take accountable responsibility for plastic across its lifecycle from material use and packaging design to leakage risk, recovery, and disclosure.

The program integrates plastic accounting, reduction planning, neutrality pathways, and responsible plastic credit mechanisms, supporting organizations in meeting ESG expectations, voluntary plastic responsibility commitments, and emerging plastic governance requirements across India and global markets.

Sustainable materials

What Is Plastic Stewardship?

Plastic stewardship refers to a systematic, data-driven approach to understanding and managing plastic impacts across operations, products, and value chains.

Unlike traditional waste management, plastic stewardship focuses on:

  • Upstream material decisions
  • Lifecycle plastic risk and leakage assessment
  • Reduction-first strategies
  • Credible neutrality and responsibility claims

It enables organizations to move from ad-hoc initiatives to measurable, auditable plastic responsibility.

Core Elements of a Plastic Stewardship Program

An effective Plastic Stewardship Program typically includes:

Plastic footprint measurement and accounting across organizational and value-chain boundaries
Packaging-level assessment, including primary and secondary plastics
Supplier and value-chain plastic risk analysis, particularly leakage hotspots
Reduction and circularity planning aligned with the 5R hierarchy
Plastic neutrality strategies, where applicable, supported by high-integrity plastic credits
Transparent reporting and audit-ready documentation for ESG and sustainability disclosures

Program Architecture

Circular economy concept

Plastic stewardship is implemented through interconnected solution layers:

Plastic Accounting & Footprinting

Establishing defensible plastic baselines, polymer-wise inventories, and multi-year tracking systems aligned with global plastic accounting frameworks.

Reduction & Circularity Strategies

Identifying priority reduction opportunities through packaging redesign, material optimisation, and circular economy interventions.

Plastic Neutrality Pathways

Designing reduction-first neutrality approaches and determining the responsible role of plastic credits in addressing residual plastic footprints.

Claims Integrity & Disclosure

Ensuring traceability, avoiding double counting, and supporting credible, verifiable plastic responsibility claims.

Frameworks, Standards & Methodological Alignment

A robust Plastic Stewardship Program aligns with globally recognised voluntary frameworks and methodologies, including:

Plastic Footprint Network (PFN)Verra plastic credit methodologiesPCX guidance and accounting principles

Such alignment strengthens credibility, comparability, and stakeholder trust.

Environmental responsibility

Why Plastic Stewardship Matters

  • Increasing scrutiny on plastic claims and greenwashing risks
  • Rising expectations from investors, regulators, and consumers on plastic responsibility
  • Growing need for data-backed, transparent disclosures
  • Complex global value chains requiring consistent plastic governance

A structured Plastic Stewardship Program enables organizations to respond with clarity, credibility, and long- term impact.

Who Plastic Stewardship Is For

Plastic Stewardship Programs are relevant for:

🏭

FMCG and consumer goods companies

🛒

Retail, e-commerce, and packaging-intensive businesses

🔧

Manufacturers with multi-tier supplier networks

🎯

Organizations pursuing plastic neutrality, ESG leadership, or voluntary responsibility commitments

Moving from intent to implementation

Organizations adopting a Plastic Stewardship Program benefit from clear measurement, prioritized reduction, and credible accountability mechanisms creating long-term environmental and business value.

Plastic Credits

Understanding, Mechanisms & Benefits

Recycling innovation

What Are Plastic Credits?

Plastic credits are a market-based mechanism enabling organizations to take responsibility for residual plastic waste after prioritizing reduction and circularity measures. One plastic credit typically represents a verified unit of plastic waste collected, recycled, or properly managed, beyond business-as-usual scenarios.

Plastic credits are increasingly used by corporates, FMCG brands, and manufacturers to support plastic neutrality goals while maintaining traceability, credibility, and audit-ready documentation.

How Plastic Credits Work

1

Project Implementation:

Plastic recovery or recycling initiatives are deployed in areas with high leakage risk.

2

Measurement & Verification:

Outcomes (e.g., tonnes of recovered plastic) are tracked and independently verified.

3

Credit Issuance:

Verified credits are registered through recognized frameworks (e.g., Verra, PCX).

4

Corporate Utilization:

Organizations purchase credits to offset residual plastic footprint and make credible responsibility claims.

Principles of High-Integrity Plastic Credits

Additionality:

Credits must represent plastic recovery beyond business-as-usual.

Traceability:

Clear tracking from collection to recycling or disposal.

Avoid Double Counting:

Each credit is unique and claimable once.

Transparency & Reporting:

Clearly defined boundaries, project documentation, and claim verification.

Plastic Credits vs Plastic Reduction

Plastic credits complement, not replace, reduction efforts:

  • Packaging redesign and lightweighting
  • Material substitution
  • Reuse, refill, and circular economy solutions

Organizations are encouraged to prioritize reduction, using credits only for residual plastic footprints

Building a sustainable future through responsible plastic stewardship