Industry alliance sets out $1bn to tackle oceans' plastic waste

Greenpeace sceptical about corporate polluters as alliance launched to reduce waste

The scourge of plastic waste in the world's oceans is the target of a new global alliance of businesses which says it will try to reduce the amount of plastic waste produced and improve recycling.

The Alliance to End Plastic Waste, launched on Wednesday, includes companies producing consumer goods and plastic, as well as waste management and recycling firms. Among more than 25 companies joining the effort are household names such as Procter & Gamble, Shell, BASF and ExxonMobil.