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Nestle to invest billions to boost use of recycled plastics


ZURICH (Reuters) - Food giant Nestle will invest up to 2 billion Swiss francs ($2.07 billion) to source more recycled plastics for packaging its products and reduce its use of new plastics by a third by 2025, it said on Thursday.

Regularly cited by environmentalists as one of the top plastic polluters, Nestle is under pressure to show it is serious about addressing the waste reduction problem.

It has vowed to make 100% of its packaging recyclable or reusable by 2025.

“We are high up on the list because we are one of the largest companies out there in packaged ...


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