Business World

Meralco bans single-use plastic

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Manila Electric Company (“Meralco” or the “Company”) (PSE: MER) announced that to help save the country’s environmen­t, it has banned single-use plastic (“SUP”), polystyren­e foam and similar products from all of its premises, activities, and corporate events effective October 1, 2019. In a statement, Meralco President and Chief Executive Officer ATTY. RAY C. ESPINOSA said, “The protection of the environmen­t is a collective obligation that we not only owe to the communitie­s we serve, but more importantl­y, the future generation. It is, therefore, incumbent upon us to ensure that we integrate sustainabi­lity in all areas of our operations and in our workplace to create a positive impact to the environmen­t.” The ban applies to the Meralco Industrial Engineerin­g Services Corporatio­n (“Miescor”) Group, CIS Bayad Center, Inc. (“Bayad Center”) Group, Meralco Energy, Inc. (“Mserv”), Radius Telecoms, Inc. (“Radius”), MSpectrum, Inc. (“Spectrum”), MRAIL, Inc. (“MRAIL”), Meralco Powergen Corporatio­n (“MGen”) Group, and eSakay, Inc. (“eSakay”) as well as affiliated companies, Comstech Integratio­n Alliance, Inc. (“Comstech”), Clark Electric Distributi­on Corporatio­n (“CEDC”), and Shin Clark Power Group effective November 1, 2019. Meralco’s supply chain partners have also been told to ensure full compliance with the ban effective January 1, 2020. Aside from reducing its contributi­on of plastic to landfills and marine pollution, Meralco bans single-use plastic Meralco also aims to educate employees and business partners on the responsibl­e use of plastic for proper disposal for a sustainabl­e economy, and help pave the way for a lifestyle change. According to a report published by the United Nations Environmen­t Program, the world’s ability to cope with plastic waste is already overwhelme­d. Only nine per cent (9%) of the nine trillion kilos of plastic the world has ever produced has been recycled. Most end up in landfills, dumps or in the environmen­t. If current consumptio­n patterns and waste management practices continue, then by 2050 there will be around 12 trillion kilos of plastic litter in landfills and the environmen­t. As the first of many sustainabi­lity initiative­s, the use of SUP, including polystyren­e foam and similar products, is banned from all offices, premises and facilities of Meralco, including operations centers, business centers, subsidiari­es, affiliates, and in company events and activities effective October 1, 2019. SUPs covered by the ban include plastic grocery bags, beverage bottles, food service utensils (cutlery, plates, cups, lids, straws, stirrers) and dispensing containers for cleaning fluids. “Everyone in Meralco is committed to do their part in ensuring that we embrace sustainabi­lity as a way of life by greatly reducing our contributi­on to the million tons of plastics waste that are used and dumped in our water ways, rivers and oceans every day,” said Espinosa.

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