$30 trln in additional investments required to achieve net zero in 8 hard-to-abate sectors
The Net Zero Industry Tracker 2024 estimates that $30 trillion in additional capital will be required across ...
Coca-Cola seeks to have 25% reusable packaging by 2030
The Coca-Cola Company has announced an industry-leading goal to significantly boost its use of reusable packaging. By 2030, the company aims to have at least 25% of all beverages globally across its portfolio of brands sold in refillable/returnable glass or plastic bottles, or in refillable containers through traditional fountain or Coca-Cola Freestyle dispensers.
“We continue to put consumers at the center of all we do,” said Elaine Bowers Coventry, Chief Customer & Commercial Officer, The Coca-Cola Company. “One way to do that is by offering sustainable packaging types. Accelerating use of reusable packages provides added value for consumers and customers while supporting our World Without Waste goal to collect a bottle or can for every one we sell by 2030.”
The company’s World Without Waste initiative remains focused on its three core pillars; DESIGN which makes all of its primary consumer packaging recyclable by 2025. Use 50% recycled material in its packaging by 2030; COLLECT which aims at collecting and recycling a bottle or can for every one Coca-Cola sells by 2030; and PARTNER which aims at bringing people together to support a healthy, debris-free environment.
By increasing our use of reusable packaging, the company promotes a circular economy as refillable containers have high levels of collection and are low-carbon footprint beverage containers, because the container collection is built into the beverage delivery model.
As the Ellen MacArthur Foundation (EMF) notes in its Reuse: Rethinking Packaging report, converting 20% of global plastic packaging into reuse models is a $10 billion business opportunity that benefits customers and represents a crucial element in the quest to eliminate plastic waste and pollution.
Returnable glass bottles and refillable PET currently represent more than 50% of The Coca-Cola Company’s product sales in more than 20 markets, and more than 25% of sales in another 20 markets.
Traditional refillable/returnable packaging accounted for approximately 16% of the company’s total volume in 2020. Use of refillables is growing in several markets, outperforming non-refillables in Germany and parts of Latin America, where reusable bottles represented 27% of transactions in 2020.
Initiatives for refillable packaging:
Markets around the world have increased their focus on refillable packaging in recent years through initiatives that include expanding the rollout of the “Universal Bottle” that was first introduced in 2018 by Coca-Cola Brazil and is now used in Argentina, Brazil, Chile, Colombia, Mexico, Guatemala and Panama. This innovative solution drives efficiency of collection, cleaning and filling by offering multiple sparkling and still brands in the same reusable bottle with a single color, shape and size. EMF recognized the Universal Bottle as a leading practice on reuse.
The initiatives also included expanding the rollout of refillable 2-liter and 1.5-liter PET (RefPET) plastic bottles—which can be cleaned, refilled and reused before being recycled and made into new PET bottles—in South Africa.
They also included collaborating with Carrefour to pilot a circular shopping system called Loop™ in France. Consumers can order a variety of products, including Coca-Cola beverages, delivered to their home in customized packaging that is collected, cleaned, refilled and reused or recycled.
The initiatives also included partnering with Burger King® and TerraCycle in the United States for a pilot program in select cities to reduce single-use packaging waste by offering reusable food containers and beverage cups.
They also included introducing reusable cups with microchip technology for use with Coca-Cola Freestyle machines for use at theme parks, and on university campuses and cruise ships.
These and other similar sustainability efforts helped pave the way for the global reusable packaging target we are announcing today, which will require significant investment, particularly in markets with limited refillable/returnable infrastructure.
“Reusable packaging is among the most effective ways to reduce waste, use fewer resources and lower our carbon footprint in support of a circular economy,” said Ben Jordan, Senior Director, Packaging and Climate of The Coca-Cola Company. “We will continue to highlight markets that are leading the way with reusable packaging best practices, and to support other markets as they increase their use of reusable packaging,” Jordan said, adding that each market will approach the goal in a different way.
اترك تعليقا