21. Jun 2019
The Suntory Group has unveiled a new company-wide policy focused on implementing sustainable plastic that promote a recycling-oriented and decarbonized society.
In aiming to realize the Suntory Group’s corporate philosophy “To create harmony with people and nature,” the newly established sustainability policy, formally titled the “Plastic Policy”, expresses the company’s dedication to promote problem-solving efforts together with various stakeholders.
“It is Suntory’s founding promise to coexist with people and nature. We will tackle the plastics problem by contributing to the realization of a circular economy and by bringing together our advanced technology to lead the world in finding effective solutions to this global issue, ”said Takeshi Niinami, Chief Executive Officer of Suntory Holdings.
Founded as a family-owned business in 1899 in Osaka, Japan, Suntory Group has grown into a multi-national corporation, with operations throughout the Americas, Europe, Asia and Oceania. Suntory Group is among the world’s leading consumer products companies, with annual revenue (excluding excise taxes) of $20.4 billion. The Group now aims to provide strong leadership for transforming into a recycling-oriented and zero carbon society to bring about a world “where diverse animal and plant life shines and resonates”, according to the Suntory Group Plastic Policy
Last year, Suntory introduced the “FtoP Direct Recycle Technology”, a first-of-its-kind PET preform manufacturing technology that streamlines the recycling process of making PET bottles out of used PET bottles which is useful in decreasing environmental impact while improving supply chain efficiencies. Suntory also is the first company to use plastic caps made of 100 percent plant-based materials for its beverage product and Suntory’s efforts go beyond for realizing PET bottles made of 100 percent plant-based materials. Suntory will continue its effort for developing PET bottles with less environmental impact and for contributing to build an efficient recycling system. Through these initiatives, Suntory Beverage & Food Ltd, a beverage company of Suntory Group will increase usage of recycled content in its PET bottles to over 50 percent in Japan by 2025 as mid-term goal.
Based on this Plastic Policy, Suntory will aim for fully sustainable plastic bottles by expanding “FtoP production” capability and switching to recycled materials or plant-based materials for all PET bottles used globally by 2030, achieving zero use of virgin petroleum-based materials.