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Source: Hans/Pixabay

Nestlé Invests $6 Million To Keep Plastics Out Of Landfills

By Nicole Caldwell

Nestlé Waters North America has announced plans to invest $6 million in the Closed Loop Fund, an initiative seeking “comprehensive recycling infrastructure” that does away with the “critical recycling gap,” according to a press release on the company’s website.

The Closed Loop Fund is a $100 million social-impact investment fund started in 2014 to support recycling programs throughout the United States and revamp recycling infrastructure for cities and companies. The end goal is to make it so fewer recyclable items end up in landfills. The infrastructure improvements offered by the fund provide sorting facilities, education and outreach, and more extensive collection services, among others.