Nestlé Philippines takes holistic approach as it accelerates initiatives to tackle plastic waste

Date

October 8, 2020

Metadata

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Classification code

BM20201008_M3

Excerpt

In 2015, a report by the Ocean Conservancy and the McKinsey Center for Business and Environment said the Philippines is the third-largest source of plastic trash that ends up in the oceans, after China and Indonesia. According to the report, annually the Philippines generates 2.7 million tons of plastic waste with 20 percent or 540,000 tons of it leaking into the oceans. Focusing on this situation is an urgent priority for Nestlé Philippines; moreover, the company continues to accelerate its initiatives to tackle plastic waste. In January 2019, Nestlé globally articulated its broader vision for a waste-free future, that none of its packaging, including plastics, ends up in landfills and oceans, or as litter.

Citation

Nestlé Philippines takes holistic approach as it accelerates initiatives to tackle plastic waste. (2020, October 8). Business Mirror, p. M3.