Introduction Our business SwireTHRIVE About our report Other ESG disclosures Appendices Overview Climate WaWassttee Water People Communities Recover and recycle In line with The Coca-Cola Company’s (TCCC) World Without Waste targets, Swire Coca-Cola has committed to collect and recycle one bottle or can for everyone it sells. With TCCC, it is working to put recycling instructions on its drink’s labels. It has formed a joint venture with ALBA Group Asia Limited and Baguio Waste Management & Recycling Limited to build and operate New Life Plastics, Hong Kong’s 昀椀rst food-grade ready plastics recycling facility. Case study Swire Properties – Continuous e昀昀orts to combat food waste In Hong Kong, Swire Properties Food waste is a signi昀椀cant component leverages a programme funded of the waste sent to land昀椀ll in Hong Kong. Since 2005, when Swire by the Hong Kong government’s Environment and Conservation Fund Properties installed our 昀椀rst food decomposer at one of its Hong Kong to promote food waste recycling shopping malls, it has been working amongst its tenants. In 2022, 75% of with its hotels, restaurants and its F&B tenants (measured by LFA) and tenants to deepen our food waste 113 tenanted o昀케ce 昀氀oors in Citygate Outlets, Cityplaza, Island Place Mall, reduction and recycling e昀昀orts. In 2022, it collected more than 8,290 Paci昀椀c Place, South Island Place and tonnes of food waste from our Hong Taikoo Place participated in its food Kong and Chinese Mainland portfolios waste recycling programme. Case study and our hotels. Swire Coca-Cola – Rethinking bottle design to facilitate reuse In 2022, Swire Coca-Cola Reducing post-consumer waste Reduce introduced a new returnable glass from beverage packaging Swire Coca-Cola reduces the amount of bottle (RGB). The new bottles are Swire Coca-Cola does not control plastic used in its packaging of bottled made with 60% recycled glass what happens to its packaging after brands. In Hong Kong, Swire Coca-Cola material and weigh one-third less consumption. But it wants to transform continues to trial packaging-free delivery than the old design. the way waste is dealt with and to models. They have installed around The bottles’ paper labels promote a circular economy. It supports 160 Bonaqua water re昀椀ll stations at are recyclable, printed with the Ellen MacArthur New Plastics strategic locations around the city, which environmentally friendly inks, Economy Global Commitment and The encourage consumers to bring their and have been designed to easily Coca-Cola Company’s World Without own bottles. detach during bottle washing. Waste goals. This is what it does: The new bottles are colourless, and • Reduces single-use packaging as much Redesign there are only two designs, which as possible by cutting its amount and improves the e昀케ciency of cleaning Swire Coca-Cola’s goal is for 100% of weight and by using re昀椀ll stations and re昀椀lling. Beyond facilitating • Redesigns packaging so that it is easy its primary packaging to be technically reuse, the light-weight design is to recycle, has value when recycled and recyclable by 2025. In the US, they have expected to help reduce the GHG includes recycled materials itself shifted all Sprite PET bottles from their emissions required to transport signature green colour to transparent them around the city. • Facilitates better recovery of packaging bottles for ease of recycling, and produce through clear labelling and disposal instructions DASANI in 100% recycled PET (rPET) bottles. It now o昀昀ers 600ml or below • Recycles packaging materials into the sparkling drinks packaged in 25% rPET in highest value end-products as possible Hong Kong. • Collaborates with government, industry, waste management companies, and non-pro昀椀t organisations to promote the transition to a circular model SWIRE PACIFIC — SUSTAINABLE DEVELOPMENT REPORT 2022 — 37
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