AB InBev invests to improve glass recycling
Anheuser-Busch InBev will invest $250,000 in Closed Loop Fund projects to improve glass recycling capabilities, in order to make further progress towards the company’s 2025
sustainability goals. The Closed Loop Fund is a social investment fund that supports comprehensive recycling programmes across the USA, with the aim of accelerating the development of circular supply chains.
This investment will help fund three glass recycling projects in Texas, the first of which will be announced in early 2019.
AB InBev says that the projects will help increase the amount of recycled glass used at its Longhorn production facility, helping it achieve its commitment to use 100% majority recycled or returnable packaging by 2025.