ExxonMobil commissions LCAs to highlight PE packaging's merits [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
The assessments reviewed commonly used packaging formats such as produce bags, fertiliser bags and personal care bottles. They evaluated impacts across the full lifecycle, covering raw material production, transportation, use and end-of-life disposal. The results indicate that, when combined, PE packaging required four to five times less material than the alternative materials assessed. Across the full lifecycle, PE packaging generates around half the greenhouse gas (GHG) emissions of the alternatives analysed. In addition to emissions, the studies considered fossil resource consumption and water scarcity. The findings suggest that PE packaging uses fewer fossil resources and reduces water scarcity in around half or more of the cases reviewed. ExxonMobil states that the studies represent some of the most extensive assessments of PE packaging conducted to date, covering two-thirds of PE packaging markets in the US and Europe. These are the first published LCAs to focus s
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