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Coke, Pepsi Team Up to Slash Ocean Plastic Waste in Vietnam

June 24, 2019, 1:17 PM

Coca-Cola, Pepsi, and TH Milk Vietnam are setting aside their quest for Vietnamese consumers to rally against a common enemy: packaging waste.

They and other food and drink giants, like Nestle and Tetra Pak, joined forces in what they called a circular economy coalition June 21, aiming to make all their packaging in Vietnam recyclable by 2030.

As booming consumption turns Vietnam into a top source of ocean plastic, the companies said at a launch in Ho Chi Minh City that they would reduce waste by expanding recycling. That includes investing in a supply chain for recycled materials. ...