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Subject: |
SUSTAINABLE BUSINESS
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Period: |
February 15, 2020 to March 15, 2020
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Geographies: |
Worldwide
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Categories: |
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
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Contents
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Brazilian beverages company Ambev SA (Sao Paulo) has committed to eliminating all plastic packaging by 2025, a move that could generate as much as $239 million in business, according to one exec. The company, Latin America’s largest brewer, will work with suppliers, recycling cooperatives, startups, and universities to shift all beverage packaging to either returnable or 100 percent recyclable materials. The new target, is part of a broad strategy by parent company Anheuser Busch InBev to step up recycling and phase out plastic containers as consumers seek greener alternatives. In October, Ambev announced its first water in aluminum cans, AMA, likely to be distributed in February. Ambev invested $4.1 billion between 2014 and 2018 to adopt eco-friendly practices, including projects to have all operations run by renewable energy sources by 2025.
"Brazil's Ambev Sets Ambitious Target to End Plastic Pollution in Packaging", Reuters, January 20, 2020
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Coca-Cola HBC’s newly-installed $12 million canning line at its Lisburn plant supports increased demand for can production – the capacity is 4.8 million a week – while enabling the key goal of bringing production of its Monster Energy products in house. The new canning line also: makes possible production of sustainable secondary packaging for multipack cans, as well as paperboard and cardboard packaging for multi-pack cans; increases the number of products and pack sizes available; and reduces reliance on sourcing from other European facilities. The new line also supports the transition to taller “Sleek Cans” – launching this month – an element of the World Without Waste initiative.
"Productivity meets Sustainability: Coca‑Cola HBC invests in second canning line in Northern Ireland", Coca-Cola Hellenic Bottling Company, February 20, 2020
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Coca-Cola European Partners (CCEP) is launching a promotional campaign to let consumers know that its Glacéau Smartwater bottles are now made from 100 percent recycled plastic (rPET) and are still 100 percent recyclable. The campaign will kick-off at the end of the month and run for three weeks across out-of-home advertising spots such as poster sites and digital screens. The move to 100 percent rPET, which includes all 600 ml and 850 ml plastic bottles, will remove 3,100 tons of virgin plastic from circulation each year.
"Glacéau Smartwater campaign highlights recyclable bottles", Talking Retail , February 21, 2020
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Announcing FY2019 financial results, Coca-Cola Amatil indicated it is renewing a focus on healthful product reformulation and sustainability in Australia, Indonesia, and New Zealand. The company posted total revenue growth of 6.7 percent year-on-year to hit $3.4 billion and full-year net profits of $247 billion, a 34.2 percent year-on-year growth. The company said its Australian Accelerated Growth Plan helped it to better position itself with smaller customers in the country, whereas the Indonesian Accelerate to Transform Plan helped it better understand local consumers at a deeper level “and connect with them.” Both are joint developments between Coca-Cola Amatil and the Coca-Cola Company. In Australia, the plans’ aim was to build categories such as dairy, energy drinks, and kombucha, and focus resources on emerging customers in the foodservice sector. The Coca-Cola brand is the biggest item in Australia, representing more than half of sales. Coca-Cola Amatil’s sustainability
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"Coca-Cola Amatil MD exclusive: Key markets, reformulation and sustainability priorities revealed", Food Navigator US, February 25, 2020
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French food products company Danone SA said it will spend $2.2 billion to “massively accelerate” development of “a fully climate-powered business model.” The company has been working since 2009 on ways to improve its carbon profile, and recently announced it has already achieved a goal of reaching “peak” carbon emissions by 2025. But CEO Emmanuel Faber acknowledged that packaging was one area where the company was “caught off guard.” To rectify that situation in the water business, the group aims to move away from virgin PET by 2025, switching to rPET in Europe. In April, rPET water bottles will be rolled out across “most” formats in France, the full range in Germany, and all on-the-go Evian formats in the U.K. The Evian and Volvic brands will both become “climate neutral” this year, and the company will introduce metal bottles and cans for brands like Evian and Bonafont and switch to tetra for Volvic’s kids’ range. “There's clearly a need for acceleration,” Faber said, especially in
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"Danone’s €2bn climate-smart innovation investment: ‘Our brands will be stronger if climate is an ally, not an enemy’", Food Navigator, February 27, 2020
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Danone Waters UK in April is rolling out 100 percent recycled PET bottles for all formats of its Evian water brand. The move will bring the use of recycled plastic content to 70 percent across the Evian range, according to the company, which said it is committed to using no virgin plastic across its Evian and Volvic bottles by 2025.
"Danone Waters rolls out recyclable bottles for Evian brand", Talking Retail, March 05, 2020
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Coca-Cola Beverages Philippines Inc. (CCBPI) has partnered with Thailand-based Indorama Ventures to build a PETValue bottle-to-bottle recycling facility in the Philippines that will be able to recycle plastic bottles made from polyethylene terephthalate (PET) material. When completed and commissioned in 2021, the $19.7 million facility will be the largest recycling facility in the country, capable of processing 30,000 metric tons of plastic bottles annually, the equivalent of two billion bottles.
"Coca-Cola and Indorama Ventures ink partnership to build PH’s largest bottle-to-bottle recycling facility", INQUIRER.net, March 10, 2020
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