According to Reuters, Coca-Cola, PepsiCo and Nestle are some of the organizations that failed to keep their promise in reducing virgin plastic usage.

The impact of plastic on wildlife and human life can be devastating, which is why UN representatives will meet in Uruguay to negotiate about the world's first global plastic treaty, which would include the obligation to increase the share of recycled materials in plastic packaging.

There will also be discussions about a reduction of petroleum-based plastic materials.

In recent years, many companies partnered with the Ellen MacAurthur Foundation to reduce single-use packaging and to recycle more plastic materials.

However, the environment group said that most of them will miss the target of 100% reusable and recyclable plastic by 2025.

Graham Forbes, Greenpeace’s USA Global Plastics Project Leader, said that "this underlines the need for governments to ensure that the global plastic treaty ... delivers major reductions in plastic production and use."

"Anything less than this is a disservice to our communities and our climate", he added.