Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Back to refillables: Tesco targets plastic waste with online trial

Published 15/07/2020, 00:06
Updated 15/07/2020, 00:15
© Reuters. FILE PHOTO: A company logo is pictured outside a Tesco  supermarket in Altrincham northern England.

LONDON (Reuters) - Online shoppers at Tesco (L:TSCO) will be able to order ketchup and Coca-Cola (NYSE:KO) in refillable bottles as part of a pilot service by Britain's biggest supermarket chain that aims to cut down on waste generated by plastic packaging.

Britons have become increasingly aware of the amount of plastic they use in recent years, with television documentaries such as David Attenborough's "Blue Planet II" highlighting the dangers of plastic pollution to marine life.

Tesco has partnered with Loop, a spin-off of waste management company TerraCycle, for the trial which will allow online shoppers to buy products, such as Heinz Tomato Ketchup (O:KHC), Coca-Cola (L:CCEPC), Nivea moisturiser (DE:BEIG) and Persil washing powder (L:ULVR), in reusable containers.

The Tesco pilot follows one Loop launched with France's Carrefour (PA:CARR) last year.

Customers will pay a refundable deposit on each piece of packaging used and receive products in Loop's reusable bag.

After use, customers place the empty containers back into Loop's bag, which can then be picked up or dropped off at one of 2,500 DPD collection points across the UK.

Loop will sort and clean the empty containers so they can be refilled by the manufacturer.

Tesco and Loop also aim to make products in reusable packaging available at Tesco's stores in 2021.

Tesco pledged last year to remove one billion pieces of plastic packaging from products in its British stores by the end of 2020, while rival Sainsbury 's (L:SBRY) vowed to halve plastic packaging by 2025, promising to switch to alternative materials or refillable options.

© Reuters. FILE PHOTO: A company logo is pictured outside a Tesco  supermarket in Altrincham northern England.

"We will learn what works at scale as we develop plans with Loop to introduce reusable packaging into our business," said Tesco Chief Executive Dave Lewis, who is due the leave the group on Oct. 1 after a six-year tenure.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.