The Securities and Exchange Commission claims thatKeurig Dr Pepper Inc. will definitely pay $1.5 million to resolve charges that it made unreliable declarations concerning the the recyclability of its Ok-Cup solitary utilization drink shucks.
The agency acknowledged in its order that in yearly data for 2019 and 2020, Keurig specified that its screening with reusing facilities “validate(d) that (K-Cup pods) can be effectively recycled.” But Keurig actually didn’t reveal that 2 of the nation’s most important reusing corporations had truly shared appreciable worries to Keurig concerning the enterprise expediency of curbside recycling of Ok-Cup shucks again then and steered that they didn’t at the moment imply to approve the shucks for reusing.
The SEC acknowledged Tuesday that Keurig consented to a cease-and-desist order and to pay the civil positive, with out confessing or rejecting the searchings for within the agency’s order.
Keurig Dr Pepper, primarily based in Burlington, Massachusetts, acknowledged in an emailed declaration that it was happy to get to a contract that completely fixes the problem.
“Our K-Cup pods are made from recyclable polypropylene plastic (also known as #5 plastic), which is widely accepted in curbside recycling systems across North America,” the enterprise acknowledged in a declaration. “We continue to encourage consumers to check with their local recycling program to verify acceptance of pods, as they are not recycled in many communities. We remain committed to a better, more standardized U.S. recycling system for all packaging materials through KDP actions, collaboration and smart policy solutions.”
Michelle Chapman, The Associated Press
