Bottlers Nepal (Terai) Limited (BNTL) has been awarded the first position for the Best Presented Annual Report (BPA) 2020 under the General Sector (Others) category in event organized by the Institute of Chartered Accountants of Nepal (ICAN).

The award is given to BNTL for its outstanding presentation, detailed disclosure & transparency of information presented in the annual accounts for the fiscal year 2076/77. 

Bottlers Nepal Ltd (BNL) had also been recognized as the 1st Runner-up by ICAN in the same category last year. 

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Corporate governance and compliance are something that BNTL has inherited as its DNA from its internal process and proven system. BNTL believes that it is critical to building trust with all the stakeholders including customers, suppliers, and shareholders.

The BPA Award for 2020 is a testimony of the corporate governance and compliance practices followed each year by both BNL & BNTL. 

The award was presented by Honorable CA Madan Sharma, President of the Institute of Chartered Accountants of Nepal (ICAN) to Rajeev Tandon, Country Finance Manager, and Ashok Mandal, Finance Controller of Bottlers Nepal Limited on August 29, 2021, at a function held by ICAN. 

Speaking about the award, Pradip Pandey, Managing Director of Bottlers Nepal Limited said, “Bottlers Nepal (Terai) Limited is highly honored to be recognized by ICAN. I would like to express my sincere thanks to the team for their dedication in ensuring our beverages are a part of life’s everyday moments in Nepal while doing business the right way.”

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Coca-Cola in Nepal held a virtual press conference to mark World Environment Day, showcasing the World Without Waste program and announcing the conclusion of the second edition of the largest mountain cleanup program in the world, "Mountain Cleanup Campaign 2021". 

We collected over 27,671 kilograms of waste, 04 dead bodies, and one human remains from six mountains. They include Mount Everest, Lhotse, Makalu, Dhaulagiri, Pumori, and Ama Dablam. 

Director of the Mountain Cleaning Campaign, Brigadier General Himanshu Khadka of Nepali Army, said “Mountain Cleaning Campaign – 2021, a Nepali Government initiative led by the Nepali Army,concluded successfully after retrieving 27.6 tonnes of garbage and four dead bodies fromsix different mountains, despite the raging COVID-19 pandemic and two cyclones Tauktae and Yaas. This was possible due to the unwavering support from our environmentally responsible partners. We appreciate the continued support ofCoca-Cola for the noble cause of saving the Himalayas for the future generations.”

In a campaign led by Nepal Army with Coke and other multi-stakeholders, Nepal intends to protect mountainous regions and minimize climate change by cleaning up six of the country's highest peaks. The Mountain Cleaning Program from Coca-Cola began in 2019 with the aim of protecting the environment and preserving the natural pride and beauty of Nepal.

Known as World Without Waste, Coca-Cola announced in 2018 that by 2030, it would collect and recycle the equivalent of 100% of its packaging. With the Design-Collect-Partner framework, the company is trying to achieve the global vision and targets through long-term partnerships with bottling partners, the government, nongovernmental organizations, industry peers, and local communities.

Talking about the efforts made by BNL on sustainability, Mr. Pradip Pandey, Managing Director of Bottlers Nepal Ltd. shared, “In the area of waste management, we have led multiple initiatives that have provided the necessary impetus to the challenges of responsible waste management and recycling of PET bottles. Through various programs like the mountain cleaning campaign and placement of informative PET collection bins at strategic locations, we have created awareness in the community regarding waste segregation, packaging and recycling.”

Coca-Cola works hand-in-hand with local municipalities, businesses, citizens & waste pickers to emulate a multi-stakeholder approach towards finding a solution to recycle PET waste. The company has taken the lessons learnt from global initiatives targeted to create and accelerate collection and recycling systems and adapted them to the local setting in Nepal

Mr. Adarsh Avasthi, Country Director, Coca-Cola in Nepal said “Our flagship program, World Without Waste, is one of a kind in Nepal, where we are re-thinking our packaging design, innovating the way our used packaging is collected and collaborating to ensure packaging is recycled. We have partnered with industry peers, environmentalists, government, and civil society organizations to implement a plastic circular economy and promote recycling in Nepal.”

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Bottlers Nepal (Terai) Limited (An authorized bottling partner of The Coca-Cola Company in Nepal), in collaboration with Nepal Youth Council, is providing seed funding for an innovative competition which rewards ideas from each province under its social initiative themed “Youth Engagement in Climate Action Initiatives.” 

As the closing date for participation nears, which is on September 7, 2021, Coca-Cola and the Nepal Youth Council invite the youths across Nepal to participate in the competition.

The short-listed projects will be on September 21, 2021. Interested youths can submit their ideas by sending an email to [email protected] or by filling out a form linked here.

Coca-Cola in Nepal has been collaborating with Nepal Youth Council since 2018, for organizing provincial conferences and youth engagement programs related to leadership, entrepreneurship, networking, and personality development. With an aim of continuing such initiatives and support to encourage youth involvement, this year Bottlers Nepal (Terai) Limited and Nepal Youth Council continue to work together in addressing Climate Change.

The Seed Fund program is sponsored by Bottlers Nepal (Terai) with special support from Plan International, WWF Nepal, Marie Stopes, NREN, Grace International, Texas International College, Edusanjal, and Khalti, which will be further carried out in collaboration with Provincial and Local Governments for selected ideas. 

For more details, interested candidates may follow Nepal Youth Council Facebook’s page.

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