Mitsubishi UFJ Financial Group x Suntory “Bottle to Bottle” horizontal recycling begins in earnest Suntory Foods International Ltd. Press release: November 7, 2024 Mitsubishi UFJ Financial Group x Suntory “Bottle to Bottle” horizontal recycling begins in earnest Promoting recycling of PET bottle “resources” targeting the buildings of six offices in Tokyo, Nagoya, and Osaka of MUFG, Bank of Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking, and Mitsubishi UFJ Morgan Stanley Securities
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Suntory Beverage & Food Co., Ltd., in collaboration with Mitsubishi UFJ Financial Group Ltd. (MUFG), has established a joint venture with Mitsubishi UFJ Financial Group Ltd. (MUFG), which includes the headquarters of Mitsubishi UFJ Bank, Mitsubishi UFJ Trust and Banking Corporation, and Mitsubishi UFJ Morgan Stanley Securities, in Tokyo, Nagoya, and Tokyo. We will begin full-scale “bottle-to-bottle” horizontal recycling*1 on November 7th (Thursday), in which used PET bottles collected at six business buildings in Osaka are collected and reborn into new PET bottles. *1 Recycling in which used products are remade into the same type of product using raw materials ●Background of this initiative Since its founding, the Suntory Group has set out its mission of “creating a rich lifestyle culture in harmony with people and nature, and aiming for the brilliance of human life.” We have been aiming to achieve this goal. Regarding plastic bottles, we are also implementing various initiatives with the goal of making them 100% sustainable by 2030. In the MUFG Medium-Term Management Plan 2024-2026, MUFG has set “promotion of a circular economy” as one of the 10 priority issues to be tackled toward “resolving social issues,” and is promoting international efforts toward resource circulation. In light of the growing awareness of environmental issues, the worsening waste problem, and resource conservation, we are implementing various initiatives toward a transition to a circular economy that uses resources in a sustainable manner. Masu. This time, both companies agreed to “contribute to the realization of a sustainable society by circulating PET bottles as a resource, as they are highly recyclable and have a well-developed recycling system.” It has come to this. ●About this initiative We use used PET bottles collected from six office buildings in Tokyo, Nagoya, and Osaka, including the headquarters of MUFG, Mitsubishi UFJ Bank, Mitsubishi UFJ Trust and Banking, and Mitsubishi UFJ Morgan Stanley Securities, as our beverage PET bottle containers. By recycling and using it, we can realize “bottle-to-bottle” horizontal recycling. MUFG has been working on sorting plastic bottles in the past, but with this initiative, we and MUFG will collaborate to raise awareness of the significance of horizontal recycling and further sorting for employees, such as by using posters. We plan to implement it. Emission business/location Mitsubishi UFJ Trust and Banking Head Office Building 1-4-5 Marunouchi, Chiyoda-ku, Tokyo Mitsubishi UFJ Bank Nihonbashi Annex 1-3-2 Nihonbashi Honseki-cho, Chuo-ku, Tokyo Mitsubishi UFJ Bank Aobadai Branch 4-8-6 Aobadai, Meguro-ku, Tokyo Mitsubishi UFJ Bank Nagoya Building 3-21-24 Nishiki, Naka-ku, Nagoya, Aichi Prefecture Mitsubishi UFJ Bank Osaka Building Main Building 3-5-6 Fushimi-cho, Chuo-ku, Osaka-shi, Osaka Prefecture Mitsubishi UFJ Bank Osaka Building Annex 3-4-9 Fushimi-cho, Chuo-ku, Osaka-shi, Osaka Prefecture In 2012, the Suntory Group became the first company in the domestic soft drink industry to introduce PET bottles made from 100% recycled materials*2, and has since developed the world’s first “F-to-P direct recycling technology,” which reduces CO2 emissions compared to conventional methods. *3 We have advanced technological innovations over many years, and have actively commercialized and promoted “bottle-to-bottle” horizontal recycling. As stated in the Basic Policy on Plastics formulated in 2019, “By 2030, all PET bottles used globally will be made from recycled materials or plant-based materials, thereby eliminating the new use of fossil-based materials.” We will continue to promote activities to achieve the goal of “100% sustainable plastic bottles” and realize a sustainable society. *2 As mechanical recycling *3 Jointly developed by four companies including Kyoei Sangyo Co., Ltd. ▽Contact for inquiries from customers regarding this matter Suntory Customer Center
https://www.suntory.co.jp/customer/
