The City of Atlanta, GA, is partnering with RecycleBank, Rehrig Pacific Company and Coca-Cola Recycling for a pilot program designed to increase recovery rates. Through the initiative, 10,000 households will be given a 96-gallon blue cart, retrofitted with an ID tag with the resident's household address and RecycleBank account number. RecycleBank's mission is to team up with cities and haulers to reward households for recycling.
Recycling trucks in Atlanta have been equipped with technology to read the cart ID tag. Households in the city will earn RecycleBank Points with every pick-up.
Rehrig Pacific Company, a manufacturer of sustainable, reusable packaging and containers, has agreed to provide the bins.
Coca-Cola Recycling LLC was formed to recover and recycle packaging materials developed and used by the company. Through sponsorship dollars, Coca-Cola Enterprises enabled the purchase of 10,000 Rehrig Pacific blue recycling carts for Atlanta's new program.
Third quarter results
The Coca-Cola Company
- Year-to-date reported net revenues decreased 5 percent. After excluding structural items, year-to-date net revenues increased 5 percent on a comparable currency neutral basis, in line with its long-term growth target.
- Year-to-date reported operating income decreased 4 percent. With continued focus on cost management and by leveraging its productivity initiatives, year-to-date operating income increased 9 percent on a comparable currency neutral basis, exceeding its long-term growth target.
- Year-to-date cash from operations increased to $6.3 billion, and the company repurchased $241 million of its stock in the third quarter.
www.thecoca-colacompany.com
Rehrig Pacific Company
The company's revenue is roughly $390 million. Third-quarter figures are unavailable.
www.rehrigpacific.com
RecycleBank
The New York-based company has raised $28.25 in third-round funding. Its backers include Generation Investment Management, Kleiner Perkins Caufield & Byers; RRE Ventures, Sigma Partners and The Westly Group. The company previously raised roughly $32 million.
www.recyclebank.com
Recycling trucks in Atlanta have been equipped with technology to read the cart ID tag. Households in the city will earn RecycleBank Points with every pick-up.
Rehrig Pacific Company, a manufacturer of sustainable, reusable packaging and containers, has agreed to provide the bins.
Coca-Cola Recycling LLC was formed to recover and recycle packaging materials developed and used by the company. Through sponsorship dollars, Coca-Cola Enterprises enabled the purchase of 10,000 Rehrig Pacific blue recycling carts for Atlanta's new program.
Third quarter results
The Coca-Cola Company
- Year-to-date reported net revenues decreased 5 percent. After excluding structural items, year-to-date net revenues increased 5 percent on a comparable currency neutral basis, in line with its long-term growth target.
- Year-to-date reported operating income decreased 4 percent. With continued focus on cost management and by leveraging its productivity initiatives, year-to-date operating income increased 9 percent on a comparable currency neutral basis, exceeding its long-term growth target.
- Year-to-date cash from operations increased to $6.3 billion, and the company repurchased $241 million of its stock in the third quarter.
www.thecoca-colacompany.com
Rehrig Pacific Company
The company's revenue is roughly $390 million. Third-quarter figures are unavailable.
www.rehrigpacific.com
RecycleBank
The New York-based company has raised $28.25 in third-round funding. Its backers include Generation Investment Management, Kleiner Perkins Caufield & Byers; RRE Ventures, Sigma Partners and The Westly Group. The company previously raised roughly $32 million.
www.recyclebank.com
