Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

Keurig caught making ‘inaccurate’ recycling claims about its coffee pods

Keurig
Photo by Smith Collection/Gado/Getty Images

Keurig made “inaccurate statements” about the recyclability of its single-use coffee pods, according to the Securities and Exchange Commission (SEC). The company agreed to a cease-and-desist order, and to pay a $1.5 million civil penalty to settle the charges.

It’s a helpful reminder that many corporate recycling claims can be misleading. Certain types of plastic are harder to recycle than others. Even if something is supposedly recyclable, it can end up in the trash if the type of plastic is not accepted by a municipal recycling program.

The charges against Keurig Dr Pepper Inc. stem from its 2019 and 2020 annual reports, which said that the company tested and “validate[d] that [K-Cup pods]…

Continue reading…

You May Also Like

Tech News

The PS5 Pro’s announcement yesterday wasn’t a surprise. What was a surprise was the price: at $699.99, it debuts as Sony’s most expensive console...

Tech News

A Waymo car driving in San Francisco. | Photo: Smith Collection / Gado / Getty Images San Francisco neighbors who live in a building...

Editor's Pick

David Inserra Statement from David Inserra, a fellow for free expression and technology at the Cato Institute: Brazilian courts have now formally threatened to...

Editor's Pick

Jeffrey Miron Focusing on the business tax cuts, a new paper reaches five conclusions: First, large corporate tax cuts are expensive and increase the...

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.