Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Frucor Suntory announces packaging commitments

31 July 2018

Frucor Suntory has announced new packaging sustainability commitments that include the introduction of recycled plastic sourced from Australia and New Zealand for its water, juice and carbonated soft drinks bottles.

The plan will significantly increase the beverage manufacturer’s use of post-consumer recycled material so that by the end of 2019, all water bottles will be made from at least 50 per cent recycled PET (rPET) bottles – with at least 10 per cent of the recycled material sourced locally.

By 2030, Frucor Suntory will use 100 per cent rPET for all water and juice bottles and 50 per cent rPET for carbonated soft drink bottles. At least 25 per cent of the recycled plastic will be sourced from Australia and New Zealand.

The move represents a major step forward in maximising the lifecycle of PET plastic in Australasia and supporting the shift to a circular economy.

Frucor Suntory chief technical officer Vincent Meron says the company recognises the need to increase efforts to deal with packaging from the start to the end of life to create a truly circular economy.

“Increasing our use of recycled plastic and finding inshore solutions to our waste issue is a major part of this," he says.

“We have a broader responsibility to the communities we serve and we believe that we can make a positive difference through our decisions and actions."

Other targets as part of Frucor Suntory’s packaging sustainability commitments include developing the lightest 600ml water bottle in Australasia, using at least 60 per cent recycled material in all packaging and becoming zero landfill across all Frucor Suntory sites.

Earlier this year Frucor Suntory committed to using 100 per cent reusable, recyclable or compostable packaging by 2025 as part of the New Zealand Plastic Packaging Declaration.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 




Fonterra: Lifts Forecast Farmgate Milk Price Range

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range to NZD $8.90 - $9.50 per kgMS, up from NZD $8.40 - $9.00 per kgMS. This increases the midpoint of the range, which farmers are paid off... More>>



Federated Farmers: NAIT Levy Increases Must Achieve Accurate, User-friendly System
Nobody welcomes extra costs but if OSPRI is to catch-up on under investment in the NAIT platform and deliver on its workability and farmer support, levy increases are probably necessary, Federated Farmers says... More>>



Westpac: More Job Opportunities, But Growth In Workers’ Earnings Remains Subdued

The Westpac McDermott Miller Employment Confidence Index rose 1.2 points in the December quarter, to a level of 106.9. This was the sixth straight rise in the index since the Covid-19 lockdown in 2020. Michael Gordon, Acting Chief Economist for Westpac, noted that the rise in the index has largely been driven by perceptions... More>>



Statistics: Household Net Worth Grows In The September 2021 Quarter But At A Slower Pace Compared To March 2021

Household net worth grew by $60.7 billion in the September 2021 quarter compared with the June 2021 quarter, Stats NZ said today. This represents an increase of 2.5 percent, a similar result to the June 2021 quarter, which was up $60.6 billion or 2.6 percent... More>>

TradeMe: Job Market Ends 2021 On A High With Record Number Of Vacancies
The New Zealand job market finished 2021 on a high note, with the ball still firmly in the job hunters’ court, according to the analysis of 69,600 vacancies listed on Trade Me Jobs for the quarter ending 31 December (Q4)... More>>


Insurance Council of New Zealand: September South Island Windstorm Cost $36.5 M Raises 2021 Extreme Weather Claims Total To $321.6 M

Gale force winds and storms between 9 and 13 September 2021 resulted in insurers supporting communities to the tune of $36.5 m. This is a significant rise, of $16.7 m, on preliminary figures for the event and lifts the end of year total for all extreme weather events in 2021 to $321.6 m... More>>