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.


As the Black Summer megafires neared, people rallied to save wildlife and domestic animals. But it came at a real cost
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease
How is Antarctica melting, exactly? Crucial details are beginning to come into focus
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum
Visa to Move European Headquarters to London’s Canary Wharf
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves
What’s so special about Ukraine’s minerals? A geologist explains
Proxy Advisors Urge Vote Against ANZ’s Executive Pay Report Amid Scandal Fallout
Fungi are among the planet’s most important organisms — yet they continue to be overlooked in conservation strategies 



