New initiative 'money4glass' to boost glass recycling in South Africa
Sustainability
Ardagh Glass Packaging – South Africa (AGP) introduces 'money4glass,' leveraging BanQu's web-based technology to enhance its glass recycling value chain. The platform ensures efficient tracking and monitoring of cullet trades, benefiting recyclers by facilitating faster, safer, and transparent transactions. The supply chain comprises three levels of recyclers, and certain qualifying recyclers are eligible for incentives and subsidies to boost glass recycling in SA.
AGP recognises the growing consumer demand for sustainable products and packaging. In line with government efforts to promote a circular economy, AGP adheres to the Extended Producer Responsibility (EPR) legislation, which holds producers responsible for their products' entire lifecycle. The BanQu technology enables data collation for EPR Plan and B-BBEE audits, mitigates fraud risks, and drives recycling and transformation in the glass recycling industry.
The user-friendly platform, accessible on internet-enabled devices, fosters transparency in transactions between registered buyers and sellers across all levels. Traders benefit from easy, cashless transactions, electronic records, and prompt subsidy payments. Ardagh and industry players gain from a connected recycling network, real-time reporting, and compliance with POPIA regulations, enhancing BEE procurement scores.
Most importantly, 'money4glass' empowers downstream recycling players, fosters enterprise development, and strengthens waste collection networks, promoting economic empowerment and small business growth.
Paul Curnow, CEO of Ardagh Glass Packaging–Africa, said: Sustainability is a core focus for Ardagh, and we are acutely aware how important it is to drive increased recycling. We are confident that this initiative is going to take glass recycling to a new level in South Africa.
Note: The provided summary is a concise version of the original press release by Ardagh Glass Packaging. For more information, visit money4glass.co.za.
Related News
-
Business
State-of-the-art PET recycling facility to boost circular economy in South Africa
-
Sustainability
Absolut Vodka and Ardagh co-invest in hydrogen-fired glass furnace
-
Sustainability
Splendor Water unveils new look with 100% recyclable indigo glass bottles
-
Sustainability
Coca-Cola invests 40 million euros in returnable bottles in Germany
-
Sustainability
Tom Parker Creamery implements reusable glass bottle programme
Latest Packaging News
Paramount Packaging Systems: UK mushroom grower cuts costs and increases throughput with FUJI Alpha flow wrapper
A major UK mushroom grower was looking to move away from traditional PVC stretch wrapping. Rising...
Bandall: Reducing plastic in fruit packaging with banding
Plastic has played an important role in fresh produce packaging for decades. In certain situations,...
Researchers in Finland advance 100% cellulose-based alternative to plastic packaging
Researchers in Finland have developed a cellulose-based material platform designed to support...
Swedish DRS becomes first in Europe to secure RecyClass certification
Sweden's Returpack has become the first deposit return system (DRS) in Europe to receive RecyClass...