Sector News

Nestlé vows to boost spending on recycled packaging 

January 16, 2020
Consumer Packaged Goods

Nestlé has pledged to spend up to $2bn to increase the use of recycled plastics in its food packaging, making the biggest public financial commitment among consumer goods giants to tackling the problem of plastic pollution.

The world’s biggest food company by sales said on Thursday that it wanted to cut its use of virgin plastics, which are made using fossil fuels, by one-third by 2025, which builds on earlier commitments to make all of its packaging recyclable or reusable by then.

> Read the full article on the Financial Times website

By Leila Abboud

Source: Financial Times

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