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3/21/2019

Topic Reading-Vol.2535-3/21/2019

Dear MEL Topic Readers,
Coca-Cola reveals how much plastic it uses
The Ellen MacArthur Foundation is a British charity that aims to rebuild a greener future through the framework of a circular economy, which involves rethinking and redesigning of the present take, make, and waste industrial model. So far, 150 companies have committed to reducing their plastic usage, including global giants like Nestle and Unilever. Recently, the foundation announced a report that revealed the annual usage of plastic packaging of 31 companies. For example, Coca Cola, which holds 500 beverage brands worldwide, uses three million tons of plastic a year. The beverage giant has committed to recycling all of their used bottles and cans by 2030. Another example is Nestle, the world's largest food and beverage company, used 1.7 million tons of plastic. February this year, the Swiss company replaced plastic straws from its products with paper ones.
If a company wishes to improve the bottom line of their financial statement, they need to reduce not only the costs but also the wastes they create, particularly plastic these days.
Enjoy reading and think which is more important to you when you choose a drink, just a cheaper or flashy one, or one with a greener image.

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