Coke’s new initiative
KATHMANDU: In line with its strategic focus on recycling and waste management, Coca-Cola has announced expansion of its PET bottle recovery project in Nepal.
As part of this initiative, The Coca-Cola Foundation and Bottlers Nepal (Terai) Ltd will set up a new PET collection centre near the manufacturing plant in Bharatpur, Chitwan. Coca-Cola plans to invest approximately $270,000 in the project to provide momentum to its existing PET waste recovery efforts in Nepal.
In partnership with Creasion, the project aims to collaborate with the local municipality, business establishments, citizens and waste pickers to emulate a multi-stakeholder approach towards finding a solution to recycle PET waste in Nepal.
The Coca-Cola Company’s recycling initiatives are part of the company’s commitment towards helping create a ‘World Without Waste’ (WWW). WWW is the company’s global goal to help collect and recycle the equivalent of 100 per cent of its packaging by the year 2030.
The company commenced its recycling approach in 2014 with the establishment of a project named ‘Nagar Mitra’.
