The problem of waste in the consumer goods sector is twofold. On the one hand, some products are thrown away for various reasons, and on the other, waste is produced during packaging. FMCG companies have been producing an increasing amount of waste and single-use plastic.
Companies need to be more mindful of the waste generated throughout their value chain. Companies like Procter & Gamble and Dabur India recently announced that they have achieved 'plastic waste neutrality’ by recycling a big chunk of their post-consumer plastic packaging waste. To be environmentally sustainable and increase consumer awareness, companies have been under pressure to manage waste. Being responsible for the environment helps companies attract new customers as consumers prefer to do business with companies that share their values.
Keurig Dr Pepper Inc (KDP) is a manufacturer and distributor of non-alcoholic beverages. The company’s product portfolio includes coffees, carbonated soft drinks, ready-to-drink tea, water, juices, juice drinks, and mixers, among others. It markets its products under brands such as Dr Pepper, Snapple, Keurig, Green Mountain, Donut Shop, Laughing Man, Van Houtte, REVV, and Mott's.
The waste generated by Keurig Dr Pepper in 2021 was was 124,859 tonnes, an increase of 9.3% over 2020, and diverted 92% (114,870 tonnes) of the waste from landfill in 2021.
The company generated 243000 of total plastic packaging in 2021 of which 80% was either recyclable or compostable.
The company has a 2025 goal to convert 100% of its packaging to be recyclable or compostable and achieve a 20% virgin plastic reduction across its plastic packaging portfolio. The company also aims to send zero waste to landfills across its operations by 2025.
Switzerland
United States of America
China
Belgium
United Kingdom
United States of America
United States of America
United States of America
France
Netherlands
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer