Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Royal Mail partners with Nespresso to recycle coffee pods

Published 16/10/2023, 13:14
Royal Mail partners with Nespresso to recycle coffee pods

Proactive Investors - International Distributions Services PLC’s Royal Mail (LON:IDSI) had partnered with Nespresso as part of a plan to boost recycling of used coffee pods in the UK.

Announced on Monday, the partnership will see Royal Mail postal workers collect used Nespresso (LON:0QR4) coffee pods from households as they do delivery rounds.

This is in a bid to encourage recycling of the pods, which contain aluminium that can be used in the likes of cars and beverage cans, according to Nespresso.

“Recycling needs to be convenient, simple, and sustainable - and our partnership with Royal Mail is central to achieving that vision,” Nespresso chief executive Anna Lundstrom said.

Royal Mail said the move came as it looks to “reinvent the way” deliveries and collections take place.

Despite struggling over the past year, partially on the back of a heated industrial dispute with workers, Royal Mail has announced a host of schemes aimed at rejigging its service as the once-publicly owned firm looks to modernise.

This includes the introduction of a drone-operated route over the Orkney Islands, alongside updates to its app to allow customers to nominate areas for parcels to be safely left.

Read more on Proactive Investors UK

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.