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NBC Commissions Recycling Project, Provides PET-Collection Infrastructure

Kingsley Okoh by Kingsley Okoh
3 years ago
in Business
NBC
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The Nigerian Bottling Company (NBC) Limited has demonstrated its long-standing dedication to recycling, environmental protection, and sustainable waste management through a PET-collection partnership with 1004 Estate.

This landmark partnership is in alignment with the company’s operating culture, which promotes the socioeconomic and environmental sustainability of the areas in which it operates.

This collaboration also illustrates the undeniable dexterity 0f the Nigerian Bottling Company(NBC) in identifying partners, stakeholders, and most relevantly, communities through which its sustainability commitments can be impactfully implemented.

Speaking on the significance of this milestone partnership, managing director of NBC, Matthieu Seguin, highlighted the organisation’s unwavering commitment to ensuring the entrenchment of sustainable waste management practices in communities across the nation.

According to Seguin, as a socio-economic and environmentally responsible organisation, we understand the importance of incorporating sustainability-inclined initiatives into our operations. “As a result, over the years, we have identified numerous touchpoints to achieve this with energy usage, and water stewardship being at the fore of our commitments.

“We have also observed that waste management and plastic pollution remains a predominantly daunting pain point in our journey toward environmental sustainability, especially within the context of our Nigerian communities,” he pointed out.

In this regard, he said: “we have decided to tackle this issue head-on by going granular and engaging communities on a one-on-one basis. Through this approach, we have begun to collaborate with residential communities like 1004 housing estate to recover post-consumer plastic packaging waste generated from the community and consequently ensure they are adequately recycled. This will ensure that the estate’s plastic waste is put to efficient, future-forward, and environment-friendly use.

Speaking on the project, the executive committee of 1004 Home Owners and Residents Association (HORA) expressed delight with the collaboration between the Estate and NBC together with its partner on PET recycling and the benefits it will bring to the Estate.

They noted that 1004 Estate is the single largest estate in West Africa and it is therefore imperative to make the Estate more eco-friendly and sustainable.

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They reiterated that the collaboration affords the Estate an opportunity to work together with the Nigerian Bottling Company to minimize indiscriminate disposal of plastics, PETs, among others and strive towards a cleaner and better community.

NBC deployed 18 custom-made packaging collection units within the estate and also facilitated an evacuation and value exchange unit which would be facilitated by Wastexchange Limited.

The partnership is expected to effectively manage the waste derived from the over 1,077 apartments and housing over 5,000 residents in the estate. This will in turn go a long way in reducing the plastic pollution menace in the Lagos metropolis.

In addition to the estate improving their environmental sustainability footprint, with consistent compliance by the residents, the recycling project is expected to reduce the Estate’s waste evacuation bill in the future.

Furthermore, there will be an established refund arrangement to donate the financial equivalent of the recycled products to the estate for its communal development.

 

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Kingsley Okoh

Kingsley Okoh

Kingsley Okoh is a Business Reporter with Leadership Newspaper and a graduate of Delta State University, where he earned a B.Sc. in Sociology. He specialises in SMEs, real estate, and FMCG brands, and is known for exclusive business reports, compelling human-interest stories, and in-depth features that track emerging industry trends and market dynamics.

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