Introduction Our business SwireTHRIVE About our report Other ESG disclosures Appendices Overview Climate WaWassttee Water People Communities Collaboration • Supporting the China Beverage Looking ahead Swire Coca-Cola works with other parties Industry Association’s research on This year, we will develop a roadmap in the waste value chain. In Hong Kong, post consumed bottles and sharing to our 2050 target of Zero Waste to Swire Coca-Cola helped to establish Drink knowledge with other bottlers. Land昀椀ll and conduct a study to identify Without Waste (DWW), a coalition of • Collaborating with the China National opportunities and linear risks to NGOs, beverage producers and bottlers, Centre for Food Safety Risk Assessment implementing a circular economy. retailers, and companies in the waste (CFSA) to facilitate the use of recycled business. The aim is to reduce the amount aluminium from used beverage cans in of beverage waste and the amount of soft the Chinese Mainland. drinks packaging going to land昀椀lls. For more information, please see Swire Swire Coca-Cola Hong Kong donated Coca-Cola’s Sustainable Development HK$1 million to fund a community plastic Report 2022. bottle recovery pilot programme run by DWW that engaged cleaners, residents, By 2030 its primary packaging will and property management o昀케ces in Tin contain 50% recycled material. Shui Wai. About 340,000 bottles have By 2025 its primary 11% achieved been collected since October 2022. Swire Coca-Cola packaging will be packaging and 100% recyclable. By 2030 it will collect and recycle one waste targets bottle or can for every one it sells. Elsewhere, Swire Coca-Cola is: 99% achieved - PET collection: 11% (HK) to 100% (TW) • Supporting extended producer - Can collection: 49% (US) to 99% (Chinese Mainland) responsibility (EPR) legislation. In 2022, Colorado passed EPR legislation (HB 22-1355) Producer Responsibility for Recycling Act. The bill aligns with the beverage industry's EPR guiding principles. New Life Plastics is currently processing 400 tonnes of recycled beverage bottles per month. Case study Further reading Swire Coca-Cola – Celebrating the opening of New Life Plastics Drink Without Waste In Hong Kong, approximately 86 Swire Coca-Cola Sustainable NLP is driving a ‘bottle-to-bottle’ Development Report 2022 tonnes of PET-made waste plastic, approach. The 6,500-square-metre equivalent to more than 4.7 million recycling facility currently processes plastic beverage containers, are 400 tonnes of recycled beverage disposed at land昀椀lls daily. To help bottles per month. With capacity to tackle this issue, Swire Coca-Cola, handle up to 900 tonnes, NLP provides in a joint venture with local waste proper disposal of plastic bottles, management 昀椀rms, established New a substantial solution to land昀椀ll Life Plastics Limited (NLP), the largest waste, savings on waste charges, and food-grade ready plastic recycling progress toward carbon neutrality. facility in Hong Kong. SWIRE PACIFIC — SUSTAINABLE DEVELOPMENT REPORT 2022 — 38