Neptune Recyclers, Sri Lanka’s leading enabler in recyclable waste management, and Elephant House, trading as Ceylon Cold Stores (CCS), have joined hands in a ground-breaking partnership to launch an eco-friendly recycling project aimed at reducing plastic pollution and fostering sustainable practices. This strategic alliance, established in September 2023, brings together Neptune Recyclers’ expertise in collecting, sorting, and transforming PET waste into high[W1] -quality plastic materials with Elephant House’s commitment under Gunadamin Elephant House for environmental stewardship and increasing the recycling rate of the Country.
Gunadamin Elephant House serves as Elephant House’s Corporate Social Responsibility (CSR) division, focusing on various initiatives aimed at improving society. The Waste Management pillar, along with the Community and Sustainable Sourcing pillars, constitutes Gunadamin Elephant House’s comprehensive strategy for sustainable and responsible practices.
As part of the John Keells Group, Elephant House is in line with the Group’s dedicated efforts towards Environmental, Social, and Governance (ESG) initiatives. This dedication encompasses interventions in waste management, carbon footprint reduction, and the implementation of sustainable and renewable energy projects.
Neptune Recyclers, on the other hand, is a pioneer in the circular economy, offering comprehensive and seamlessly integrated services in recyclable waste management. With a focus on a closed-loop system, Neptune Recyclers minimizes waste, conserves resources, and reduces the carbon footprint of the plastic industry.
In response to the evolving landscape of sustainable practices, Neptune Recyclers has introduced Neptune Circular Solutions, a new vertical dedicated to advancing plastic recycling initiatives and promoting a circular economy model. By leveraging cutting-edge technology and innovative processes, Neptune Circular Solutions focuses on transforming plastic waste into valuable resources, thereby minimizing environmental impact and promoting resource efficiency.
Through this partnership, Neptune Recyclers and Elephant House aim to expand their efforts in recycling PET bottles and further promote the adoption of sustainable packaging solutions. This collaboration signifies a significant step towards a greener and more sustainable future for Sri Lanka.
