Good news for Filipino eco-warriors, and for the environment in general.
Coca-Cola Philippines just announced that it has allocated
P1-billion for the establishment of a food grade recycling facility to help the
country’s sustainability efforts.
The project, which aims to collect,
sort, clean and wash PET (polyethylene terephthalate) bottles, is Coca-Cola's
first major investment in a recycling facility in Southeast Asia, Coca-Cola
Philippines said in a statement.
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| (photo credit to owner) |
"Coca-Cola has called the
Philippines its home for 107 years and counting, and we want to do our part in
ensuring sustainability within its shores," Coca-Cola Beverages
Philippines Inc president and CEO Gareth McGeown said.
The completion of the PET collection and recycling rates in the
country will have a direct benefit in the creation of more jobs for Filipinos.
This investment of Coca-Cola is part of
its company project “World Without Waste" global commitment, Coca-Cola aims
to collect and recycle the equivalent of every bottle and can it sells by 2030.
McGeown said. All cans and bottles of
Coca-Cola is "100 percent recyclable" and have value as a recycled
material.
It was further announced that Coca-Cola plans to use an average of 50 percent recycled content in its packaging, including PET bottles.
It was further announced that Coca-Cola plans to use an average of 50 percent recycled content in its packaging, including PET bottles.
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Report from ABS-CBN News
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