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Waste & Recycling November 04, 2019 01:30:23 AM

Beverage Companies Join Forces to Launch Recycling Initiative

Waste Advantage
ScrapMonster Author
This program is being executed in conjunction with two of the country’s most prominent environmental nonprofits and the leading investment firm focused on the development of the circular economy.

Beverage Companies Join Forces to Launch Recycling Initiative

SEATTLE (Waste 360): Some of America’s leading beverage companies⁠—The Coca-Cola Company, Keurig Dr Pepper (KDP) and PepsiCo⁠—announced the launch of the Every Bottle Back initiative, a breakthrough effort to reduce the industry’s use of new plastic by making significant investments to improve the collection of the industry’s valuable plastic bottles so they can be made into new bottles. These competitors are joining forces to support the circular plastics economy by reinforcing to consumers the value of their 100 percent recyclable plastic bottles and caps and ensuring they don’t end up as waste in oceans, rivers or landfills.

This program is being executed in conjunction with two of the country’s most prominent environmental nonprofits and the leading investment firm focused on the development of the circular economy. The World Wildlife Fund (WWF) will provide strategic scientific advice to help measure the industry’s progress in reducing its plastic footprint, and The Recycling Partnership and Closed Loop Partners will assist in deploying funds for the initiative.

Some of America’s leading beverage companies⁠—The Coca-Cola Company, Keurig Dr Pepper (KDP) and PepsiCo⁠—announced the launch of the Every Bottle Back initiative, a breakthrough effort to reduce the industry’s use of new plastic by making significant investments to improve the collection of the industry’s valuable plastic bottles so they can be made into new bottles. These competitors are joining forces to support the circular plastics economy by reinforcing to consumers the value of their 100 percent recyclable plastic bottles and caps and ensuring they don’t end up as waste in oceans, rivers or landfills.

This program is being executed in conjunction with two of the country’s most prominent environmental nonprofits and the leading investment firm focused on the development of the circular economy. The World Wildlife Fund (WWF) will provide strategic scientific advice to help measure the industry’s progress in reducing its plastic footprint, and The Recycling Partnership and Closed Loop Partners will assist in deploying funds for the initiative.

“Our industry recognizes the serious need to reduce new plastic in our environment, and we want to do our part to lead with innovative solutions,” said Katherine Lugar, president and CEO of the American Beverage Association (ABA), in a statement. “Our bottles are designed to be remade, and that is why this program is so important. We are excited to partner with the leading environmental and recycling organizations to build a circular system for the production, use, recovery and remaking of our bottles. Every Bottle Back will ensure that our plastic bottles are recovered after use and remade into new bottles, so we can reduce the amount of new plastic used to bring our beverages to market. This is an important step for our industry, and it builds on our ongoing commitment to protecting the environment for generations to come.”

The majority of plastic beverage containers in the United States are made from PET, a strong, lightweight and safe plastic approved by the U.S. Food and Drug Administration for use in food and beverage containers. It is unique, and because of its quality and versatility, recycled PET for years has been in high demand for use in an array of products as varied as clothing, carpets and playground equipment. Through the Every Bottle Back initiative, beverage companies are stepping up efforts to reclaim as much plastic packaging as possible to ensure it is remade into new PET bottles.

These efforts support other sustainability efforts underway by The Coca-Cola Company, Keurig Dr Pepper and PepsiCo.

Courtesy: www.waste360.com

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