Private EquityScreenerRefer

MARKET INSIGHTS

  • EventsNEWPrivate market milestones
  • NewsPrecize daily pulse
  • BlogsIn-depth articles and opinions

GUIDES

Explore Now
  • Unlisted SharesStep-by-step · KYC
  • BuyingStep-by-step · KYC
  • SellingExit in 24 - 48 hours
  • Pre-IPOReturns · risks · case studies
  • Tax GuideBudget 2026 changes
  1. Home
  2. Unlisted share news
  3. Reliance Retail and Coca-Cola join forces to promote sustainability

Reliance Retail and Coca-Cola join forces to promote sustainability

15 Jan 2024

Add as preferred source
Key Takeaways

  • Sustainability Initiative:

    • Reliance Retail's partnership with Coca-Cola promotes PET bottle recycling.

  • National Expansion Plan:

    • Targeting 200 stores by 2025 to collect 5,00,000 PET bottles annually.

  • Circular Economy Promotion:

    • Fosters a circular economy by engaging consumers in responsible waste management.

  • Consumer Incentives:

    • Discounts on Coca-Cola products incentivize consumers, enhancing responsible waste management practices.

  • Sustainability Initiative:

    • Reliance Retail's partnership with Coca-Cola promotes PET bottle recycling.

  • National Expansion Plan:

    • Targeting 200 stores by 2025 to collect 5,00,000 PET bottles annually.

  • Circular Economy Promotion:

    • Fosters a circular economy by engaging consumers in responsible waste management.

  • Consumer Incentives:

    • Discounts on Coca-Cola products incentivize consumers, enhancing responsible waste management practices.

Reliance Retail

Reliance Retail

0.00%

Expert Analysis

Reliance Retail and Coca-Cola Launch "Bhool Na Jana, Plastic Bottle Lautana" Initiative for PET Recycling and Sustainability

Expert Analysis:

  • Sustainability Commitment:

    • Reliance Retail collaborates with Coca-Cola for "Bhool Na Jana, Plastic Bottle Lautana" to emphasize sustainability.

  • PET Collection Focus:

    • The initiative centers on PET collection through Reverse Vending Machines (RVMs) and collection bins.

  • Strategic Rollout:

    • The collection process was initiated in 36 stores, targeting 200 stores nationwide by 2025.

  • Circular Economy Drive:

    • Aims to collect 5,00,000 PET bottles annually, promoting circular economy principles.

  • Consumer Engagement:

    • Rewards recycling practices with discounts on Coca-Cola products, enhancing consumer engagement.

Publisher:CNBC TV 18