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Coca-Cola renews partnership with Plastic Bank in collecting ocean-bound plastic waste
Coca-Cola and Plastic Bank have renewed their partnership that started in September 2020 that has collected 102,604 kilos of ocean-bound plastic.
Plastic Bank has diverted the collected plastic to better use through its partners.
The partnership with Plastic Bank, which is extended for 2022, aims to deliver The Coca-Cola Company’s pledge in 2018 to globally help collect and recycle the equivalent of a bottle or can for each that it sells by 2030.
It also vowed to make its packaging 100 percent recyclable by 2025 and to use at least 50 percent recycled material in its packaging by 2030.
Despite limitations set by the Covid-19 pandemic and mobility challenges, the partners have managed to collect P5 million worth of plastic bottles, which improved the welfare of 89 collectors, 356 households, and five communities.
Plastic Bank continues to closely partner with the local government of General Trias, Cavite in the Philippines to activate collection points alongside communities, local junk shops, and individual collectors.
The program also provides monetary support gained from collecting plastic waste, tools of and Covid-19 safety kits to the collecting community.