Bizdata Insights Main Logo

BizData Insights

Unilever Collaborates with YPSA and CCC on plastic circularity

Industry: Consumer & Retail, FMCG
Company: Unilever, Young Power in Social Action (YPSA)
Company Intelligence Tag: CSR Insights, Marketing Insights

Unilever Bangladesh Limited (UBL) has partnered with Chattogram City Corporation (CCC) and Young Power in Social Action (YPSA) to enhance plastic circularity in Chattogram. Through a memorandum of understanding (MoU), the organizations aim to address the environmental threat posed by plastic waste mismanagement. Under the initiative, which began in 2022, 7000 tonnes of plastic waste have been collected, 2000 waste workers have been trained and supported, and 100 percent of the collected plastic has been recycled.

The MoU sets a target to collect 10 percent of Chattogram’s plastic waste, improve the livelihoods of 5000 waste workers, raise citizen awareness, and formalize the informal recycling value chain. The Mayor expressed concern over the impact of plastic waste on the environment, urging collaborative action. UBL’s CEO emphasized the need to address plastic pollution and protect the environment, expressing optimism that their joint efforts would move Chattogram towards plastic circularity and a sustainable future

Source for more details:

Related News

Ten Banks and Three NBFIs Recognized for Sustainability by BB

July 11, 2024

Bangladesh Bank has unveiled its 2023 Sustainability Ratings, highlighting ten banks and three non-bank financial institutions (NBFIs) recognized for their sustainable investments. Notable repeat awardees include BRAC Bank, City Bank, and IDLC Finance.

MTB Recognized as Best Bank for Diversity and Inclusion in Bangladesh

July 11, 2024

Mutual Trust Bank PLC (MTB) has been recognized as the "Best Bank in Diversity and Inclusion Bangladesh 2024" by Global Business Magazine. This accolade highlights MTB's commitment to creating an inclusive workplace environment where all employees feel valued.

Akash Digital TV Introduces New DTH HD Platform

July 11, 2024

Akash Digital TV, Bangladesh's sole DTH Pay TV operator under Beximco Communications Limited, has introduced a new DTH HD platform alongside the Akash Go Companion App and My Akash Self Care App. These innovations aim to revolutionize TV viewing and user experiences, offering access to premium content in Bangladesh.

BIDA Proposes Special Benefits for Coca-Cola

July 10, 2024

A boycott has significantly reduced Coca-Cola's sales in Bangladesh. Consequently, Turkish company Coca-Cola Issek acquired Coca-Cola Bangladesh for $130 million. The tax on the beverage sector, initially proposed to be reduced for the 2024-25 fiscal year, has instead increased.

BB Launches Binimoy Platform for Seamless MFS Transactions

July 10, 2024

Bangladesh Bank has launched the long-awaited Binimoy platform, facilitating seamless digital transactions across mobile financial services (MFS), banks, and payment service providers. Binimoy operates on interoperable rules enabling instant money transfers through virtual IDs, ensuring privacy by avoiding personal information exposure.

HSBC Honored as Best Sub Custodian by Asset Triple A

July 10, 2024

HSBC Bangladesh has been awarded the "Best Sub Custodian of the Year" at The Asset Triple A Sustainable Investing Awards 2024, marking the first time the bank has received this honor in Bangladesh. This recognition underscores HSBC's commitment to delivering exceptional sub-custodian services and maintaining high industry standards.

Related News

Ten Banks and Three NBFIs Recognized for Sustainability by BB

July 11, 2024

Bangladesh Bank has unveiled its 2023 Sustainability Ratings, highlighting ten banks and three non-bank financial institutions (NBFIs) recognized for their sustainable investments. Notable repeat awardees include BRAC Bank, City Bank, and IDLC Finance.

MTB Recognized as Best Bank for Diversity and Inclusion in Bangladesh

July 11, 2024

Mutual Trust Bank PLC (MTB) has been recognized as the "Best Bank in Diversity and Inclusion Bangladesh 2024" by Global Business Magazine. This accolade highlights MTB's commitment to creating an inclusive workplace environment where all employees feel valued.

Akash Digital TV Introduces New DTH HD Platform

July 11, 2024

Akash Digital TV, Bangladesh's sole DTH Pay TV operator under Beximco Communications Limited, has introduced a new DTH HD platform alongside the Akash Go Companion App and My Akash Self Care App. These innovations aim to revolutionize TV viewing and user experiences, offering access to premium content in Bangladesh.

BIDA Proposes Special Benefits for Coca-Cola

July 10, 2024

A boycott has significantly reduced Coca-Cola's sales in Bangladesh. Consequently, Turkish company Coca-Cola Issek acquired Coca-Cola Bangladesh for $130 million. The tax on the beverage sector, initially proposed to be reduced for the 2024-25 fiscal year, has instead increased.

BB Launches Binimoy Platform for Seamless MFS Transactions

July 10, 2024

Bangladesh Bank has launched the long-awaited Binimoy platform, facilitating seamless digital transactions across mobile financial services (MFS), banks, and payment service providers. Binimoy operates on interoperable rules enabling instant money transfers through virtual IDs, ensuring privacy by avoiding personal information exposure.

HSBC Honored as Best Sub Custodian by Asset Triple A

July 10, 2024

HSBC Bangladesh has been awarded the "Best Sub Custodian of the Year" at The Asset Triple A Sustainable Investing Awards 2024, marking the first time the bank has received this honor in Bangladesh. This recognition underscores HSBC's commitment to delivering exceptional sub-custodian services and maintaining high industry standards.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here