Manila Bulletin

FACT SHEET:

Quotes from some of our partners:

• Atty. Analiza Rebuelta-Teh, Undersecretary of Department of Environment and Natural Resources Climate Change Service and Mining Concerns: “As we grapple with the pandemic and climate crisis, the initiative of Coca-Cola of collecting and recycling bottles or cans and making its packaging recyclable is a sufficiently ambitious pathway. Such efforts will contribute significantly to combating marine pollution. It also opens an opportunity for circular economy specifically in recovering and recycling waste.” • Mr. David Katz, Plastic Bank® CEO and Founder: “We are moving past the conversations to sustainability moving powerfully into a new purpose driven economy. That is the regeneration economy. The world is now gathering together to repair the damage that has been done and Coca-Cola and a World without Waste and the Philippines Team is powerfully standing for just that.”

About our partnerships

• Indorama Ventures: Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has approx. 24,000 employees worldwide and consolidated revenue of US$10.6 billion in 2020. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI). As a global leader in green recycling technology and packaging solutions, Indorama’s global vision is to increase our global recycling capacity to 750,000 MT or 50 billion bottles annually by 2025. www. indoramaventures.com • Plastic Bank® Philippines: Coca-Cola Philippines’ partnership with Plastic Bank®, a social enterprise that is helping the world stop ocean plastic while improving the lives of collector communities. Through this partnership, Plastic Bank collectors was able to gather around five million bottles of ocean-bound plastic in General Trias, Cavite and have source of income to cover their families’ necessities. • World Wild Fund-Philippines (WWF) and Pure Oceans: Meanwhile, the ongoing partnership with World Wild Fund and Pure Oceans has been making incredible progress on the rehabilitation of watershed and marine life conservation. Currently, the Pure Oceans: Pure Islands project recovered over 30,000kgs of marine waste and provided its volunteers an individual income of Php 3,000 per month. • Partnering for more zero-waste communities: Projects with different NGOs such as Peace Pond Farmers Association, SPECTRUM - Sarangani, Philippine Business for Social Progress, and Philippine Rural Reconstruction Movement have helped the communities in Negros Occidental, Bacolod, Cavite, Bataan, Albay, Davao, Nueva Ecija, Marinduque, and Sarangani to understand the importance of recycling and up-cycling, as well as the economic viability of PET bottles. It also transformed all recovered plastic bottles and caps into something useful like chairs, home decor, handcrafted bags, and even construction materials. Aside from giving plastics a second life, these initiatives also enabled the residents of the communities to have another source of income by selling their PET bottles to project volunteers and local recycling partners.

National News

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2021-10-28T07:00:00.0000000Z

2021-10-28T07:00:00.0000000Z

https://manilabulletin.pressreader.com/article/282351157988003

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