Circular economy: environmental responsibility that adds value

At the end of 2021, Reybanpac undertook a circular economy project with the aim of recycling plastic waste from our farms. In its initial stage, a pilot project was developed in which 14% of the plastic waste from farm operations was recycled to make corner posts for our pallets.

Over time the program expanded successfully. Currently 100% of the plastic waste from our 43 farms is recycled and used for two purposes: corners for the export of bananas and children's playgrounds to be donated to the 3 schools managed by the Wong Foundation.

Margarita Wong, project leader, comments: “This circular economy program stems from our commitment to sustainable development goals. The approach is to develop new products that are useful or necessary in our operations, or that can add value to our social projects. In this way we avoid waste, reduce environmental impact and, in addition, we offer children from the rural communities that surround us a space for recreation and integration.”

In December, Reybanpac provided the Segundo Wong Mayorga educational center with the first playground set. This school is located in a rural area of Los Ríos province in Ecuador and offers quality education to nearly 200 children and young people.

In this regard, Gisella Wong, Executive Vice President of Reybanpac and member of the board of the Wong Foundation highlights the importance of the project: “Through this circular economy initiative, Reybanpac is achieving balance and respect for the environment using the three Rs: reduce waste, recycle and reuse. I congratulate Reybanpac for promoting this initiative for the benefit of the children of the Wong Foundation and for the sustainability of the environment”.

To carry out this project, Reybanpac formed a strategic alliance with the company Plasticforts, who oversee the plastic recycling process and product manufacturing.

In 2023, Reybanpac will continue with the project and will keep contributing to the recreational areas of the Wong Foundation schools for the benefit of hundreds of boys and girls.