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.


Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets
Swimming in the sweet spot: how marine animals save energy on long journeys
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery
How to create a thriving forest, not box-checking ‘tree cover’
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data
LA fires: Fast wildfires are more destructive and harder to contain
We combed through old botanical surveys to track how plants on Australia’s islands are changing
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 



