Triple Pundit July 13, 2010

Conglomerate Kraft Foods Sets New Standard in Waste Reduction

Recycling rates in the U.S. run at about 30 percent compared to other developed areas in the world which are close to 75%.  In 2008, Kraft develop strategic partnerships to help increase recycling rates in the states with organizations such as RecycleBank <http://www.triplepundit.com/2010/03/betting-on-recyclebank-the-next-big-thing/>  and TerraCycle, (a company that “upcycles” waste materials to create fashionable items such as backpacks or totebags made from Capri-Sun packaging).  Participants who send in their waste get as much as 2 cents per candy wrapper or drink pouch.