Coca Cola is committed to reducing its carbon footprint. Image Via Packaging News
Business

Coca Cola's commitment to reducing carbon footprint by recycling plastic bottles

According to its CEO James Quincey, Coca Cola is vowed to collect and recycle plastic bottles rather than switching to aluminum cans in order to mitigate its carbon footprint. This practice has been adopted in wake of the company's competitors such as Pepsi Inc. offering recyclable aluminum cans and plastic bottles.

environment cocacola plastic carbonfootprint

Thu Nov 07 - Reuters

Related Articles

Coca-Cola halts social media advertising campaign
Business
Coca-Cola halts social media advertising campaign

“There is no place for racism in the world and there is no place for racism on social media,” Coca-Cola CEO and Chairman, James Quincey, said in a statement as the company announced that it will be pausing advertising on all social media platforms globally. The company clarified it was not joining the official boycott, but said “we are pausing” advertising

media cocacola social advertising

Sat Jun 27 - CNBC
Oil prices will likely continue to fall, image via Getty Images
Business
Oil prices plummet as Saudi Arabia wages price war with Russia

Global oil prices fell by a whopping 30% after Saudi Arabia ramped up oil production in order to fight a price war with Russia. This is happening due to the collapse of the OPEC agreement with Russia and the spread of the coronavirus. It is likely that the demand for oil globally will fall due to the coronavirus, although it is difficult to forecast in such a volatile situation.

oil-prices science environment saudi-arabia economy oil crash pollution price market sponge oil-spill fossil-fuel coornavirus

Mon Mar 09 - Reuters
This will be Tesla's first European car factory, image via Getty Images
Business
Tesla gets go-ahead to chop down the forest to build a factory in Germany

A German court has given electric vehicle manufacturer, Tesla, permission to cut down a forest next to Berlin to build a new gigafactory. Many local environmental groups tried to file against the decision but were shut down by the judge. Hundreds of demonstrators came out to protest the decision.

elon-musk tesla technology environment factory germany forest electric-car

Fri Feb 21 - Reuters
Coke produces 3 million tonnes of plastic packaging every year, image via istock
Business
Coke says it will keep plastic bottles as 'consumers still want them'

The head of Coca-Cola's sustainability department has said that the company will continue to produce and sell plastic bottles as consumers still want them. Coke is one of the world's largest producers of plastic waste but has promised to recycle as many bottles as it produces by 2030. The company fears changing the bottle could reduce sales.

science climate-change global-warming plastic pollution coca-cola micro-plastic coke

Wed Jan 22 - BBC