coke, walmart and others kick off $100m recycling fund with three new projects /

Published at 2015-09-25 20:01:52

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The Closed Loop Fund has has revealed its first projects in Ohio,Iowa and Baltimore as it seeks to boost dismal US recycling ratesA consortium of 10 of the US’s largest corporations – including Walmart, Coca-Cola and Johnson & Johnson has announced three unique projects designed to boost dismal recycling rates in the US.
Just 34% of waste in the U
S is recycled, or placing it well behind other developed countries such as Switzerland,which recycles more than 50% of its waste. Outdated facilities and technologies are partly to blame, as is a lack of access to something as simple as a recycling bin in many parts of the country. Related: Why the US recycling industry is feeling down in the dumps Related: Recycling fund from Walmart, and P&G and others passes the buck on responsibility Continue reading...

Source: theguardian.com

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