Close Menu
  • Home
  • Celebrity Gossip
  • Entertainment News
  • Featured
  • Photo News
  • Advertise with Us
  • About Us
  • Privacy Policy
Facebook X (Twitter) Instagram YouTube WhatsApp
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
BigEye.UG
Subscribe
  • HOME
  • CELEBRITY GOSSIP
  • ENTERTAINMENT
  • PHOTO NEWS
  • VIDEO NEWS
  • MONEY
    • Money
    • Features
BigEye.UG
Home»BigEye Money»Local Business»Coca-Cola Beverages Uganda partners with Stanbic Bank to reduce plastic waste
Local Business

Coca-Cola Beverages Uganda partners with Stanbic Bank to reduce plastic waste

BigEyeUg1By BigEyeUg1February 18, 2023
Share
Facebook Twitter Telegram WhatsApp

Coca-Cola Beverages Uganda (CCBU) through its initiative, Plastic Recycling Industries has partnered with Stanbic Bank Uganda to reduce plastic waste in the environment.

By Our Reporter

Coca-Cola Beverages Uganda (CCBU) through its initiative, Plastic Recycling Industries has partnered with Stanbic Bank Uganda to reduce plastic waste in the environment. This partnership is part of CCBU’s environmental sustainability programme that seeks to create a world without waste.

Last year, the National Research Repository of Uganda (NRU) indicated that imports and use of packaging and plastics in Uganda have increased six-fold within the last three years. This has escalated the challenge for sustainable management and recycling of plastic waste.

Speaking at the partnership event at Plastic Recycling Industry (PRI) in Nakawa, Kirunda Magoola, the CCBU Public Affairs, Communication and Sustainability Director highlighted that waste management is a collective effort that requires stakeholders to come together.

“Our commitment is to invest in our planet and environment. That’s why for every bottle that we produce, we are determined to collect the equivalent. Last year, we were able to attain 85% of this target while collecting PET waste wherever we found it,” said Kirunda, adding that the company intends to make all consumer packaging 100% recyclable by 2025.

The partnership provides an opportunity for Stanbic Bank to identify designated collection spaces that will serve as plastic waste collection centres around Uganda, ensure appropriate security and maintenance of the collection centres, and provide appropriate messaging to the public regarding environment protection.

“We are happy to be part of an initiative that cares for the environment and for people. Poorly disposed plastic waste damages the environment, land, and water. We, therefore, need to work together towards creating a world without waste,” said Anne Juuko, the Stanbic Bank CEO.

Present at the launch was the National Environment Management Authority (NEMA) Corporate Communications Manager, Naomi Karekaho, who applauded CCBU and Stanbic Bank for working together. She noted that plastic pollution is one of the biggest environmental concerns due to the increase of single-use plastics and poor disposal habits by the public.

“I am happy to see corporate entities like CCBU and Stanbic Bank make a valuable contribution towards waste management and environmental conservation. Their efforts are worth emulating,” Karekaho said.

Through initiatives like this, CCBU will play its part in delivering on Coca-Cola’s global ambition of making 25% of our packaging reusable by 2030, collecting for recycling the equivalent of 100% of packaging sold and creating packaging that is at least 50% recycled material by 2030.

Related

Coca-Cola Beverages Uganda Stanbic Bank Uganda news
Share. Facebook Twitter WhatsApp Email
Previous ArticleMr Uganda Nuhu Outs New Single ‘Tunenye Ani’- Watch it here
Next Article Quick tips to saving for your child’s education

Related Articles

Coca-Cola Beverages Uganda supports people with disabilities to grow their businesses

University Students equipped with Financial Literacy and Entrepreneurial Skills 

A Conversation with Ian Ortega, The Man Who Wants to Turn Every Ugandan Into a Strategist

Equity Bank Crowned Best Regional Bank in East Africa At The African Banker Awards 2025

Equity Group Holds 21st Annual General Meeting

Equity Bank Set to Open in UAE

Latest News

Jose Chameleone Reschedules Concert to Support Fik Fameica

July 25, 2025

Selecta Jeff Crowns Sheebah Karungi as Artist of the Decade

July 25, 2025

Big Brother Naija season 10 premieres this weekend

July 24, 2025

Sheilah Gashumba set to perform at Tequila Island luxury summer experience in Dar es Salaam

July 24, 2025

Irene Namatovu to join Afrigo Band at Guvnor’s Friday Night Live

July 24, 2025
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • TikTok
  • WhatsApp
BigEye.UG
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
  • Sitemap
  • Privacy Policy
  • Contact Us
© 2025 BigEye.UG | All Rights Reserved

Type above and press Enter to search. Press Esc to cancel.