In an effort to promote sustainable solutions for addressing climate change, SLMG Beverages Pvt Ltd, the Coca-Cola bottler in India, intends to allocate over INR 100 crore towards sustainability, safety, and environmental initiatives this year.
Of the total investment, INR 75 crore will be dedicated to sustainability, while INR 25 crore will be allocated for quality, as stated by the company.
S N Ladhani, Chairman and Managing Director at SLMG Beverages Pvt Ltd, said, “Sustainability is core to our business strategy to respond to current and future challenges, while creating positive change for the planet.”
“Our water, packaging and climate goals are interlinked. By creating a circular economy for packaging, we will minimise our carbon footprint,” Ladhani said in a statement.
In line with Coca-Cola’s global initiative to create a “World Without Waste,” SLMG endeavors to attain net-zero carbon emissions by 2050. This ambitious objective underscores the company’s commitment to taking a pivotal role in addressing climate change and diminishing its environmental impact.
Continue Exploring: SLMG Beverages launches 100% recycled PET bottles for Coca-Cola in India
SLMG intends to install an extra 20 Reverse Vending Machines (RVMs) in Agra, supplementing the current count of 12.
The company expressed its commitment to powering 70 percent of its electricity consumption with solar energy.
The company is reducing its ecological footprint and emphasizing clean energy solutions through planned capacity expansions in Ayodhya (15 MW), Unnao (5 MW), and Chhata (2.5 MW), as stated in the announcement.
EV Fleet Growth: SLMG Beverages Aims for 10,000 Vehicles by 2027
SLMG aims to increase its electric vehicle (EV) fleet from 2,000 to 5,000 by 2025 and further to 10,000 vehicles by 2027.
The company is acquiring large electric vehicles (EVs) for distribution and warehousing to align with the worldwide shift towards sustainable transportation, as mentioned in the statement.
