Bolloré Logistics has won the "Logistics, Sustainable Development" category award at the Singapore Business Review Awards 2023 for its "Finished Goods (FG) Recycling Programme," which recycles cosmetic products. The initiative aims to improve recycling processes and aligns with Singapore's target of raising the recycling rate to 70% by 2030. The logistics partner dismantles the expired products and recycles as many materials as possible. The award has inspired Bolloré Logistics to develop similar projects for other sectors. Since November 2021, the project has processed five batches of products, saving an estimated 810 tonnes in CO2 emissions.
Source: Link