In September 2019, an Industry Coalition (PACE) of over 30 companies including Pepsi, Coca-Cola, Reliance, Brillon (Formerly SC Johnson) announced the set-up of a new plastic waste management venture in partnership with Karo Sambhav. This venture Circular Sustainability Solutions Private Limited (CSSPL) is an industry owned-and-led, non-compete entity focused on plastic waste management. This venture was set up with a vision to ensure that “No Recyclable Packaging Material Ends -up in Landfills by 2025”. Its focus is to: 1. Set-up a pan-India system for collection and recycling/re-processing of plastic waste 2. Create / Catalyze infrastructure for waste management where required 3. Catalyze innovation for recycling 4. Create awareness on waste management 5. Skill / uplift waste pickers and aggregators CSSPL is being financed by brands through: 1. Equity funding to set-up infrastructure and build the ecosystem 2. Extended Producer Responsibility (EPR) Service fees for covering collection and recycling costs The current EPR target of CSSPL’s member brands is over 300,000 tons/annum. This conso

Manufacture :Recycling

Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.