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HDFC Bank joins with Eco Spindles to boost plastic recycling

As 'The Bank for your Home', HDFC Bank Sri Lanka strives to constantly make a positive impact towards the betterment of YOU and your future! With the intention of contributing to reduce and recycle plastic waste, the bank joined hands with Eco Spindles recently.

In order to bid farewell to the plastic menace, this programme will place plastic waste collection bins at selected HDFC Bank branches where the bank’s customers can dispose any recyclable plastic waste such as empty PET water/ soft drink bottles, hand sanitizer/ hand wash bottles, empty plastic containers/boxes, etc. What really happens to the plastic waste? The disposed plastic will then be separated and will undergo a recycling process that will result in the production of plastic - based raw materials such as bristles and yarn. So not only are you disposing plastic waste in an environment-friendly manner but also are contributing towards recycling as a responsible citizen!

The inaugural ceremony and signing of the MOU was graced by the Chairman of HDFC Bank Mrs. Wasanthi Manchanayake, Chief Executive Officer Mr. Palitha Gamage and other officials.

Mrs. Wasanthi Manchanayake, the Chairman of HDFC pointed out the importance of raising awareness among the stakeholders and people about this initiative and invited everyone to contribute to save environment by discarding waste plastic into the collection bins.

Dr. Anush Amarasinghe, MD/CEO, BPPL Holdings PLC stated, “As Sri Lanka's largest plastics recycler, we are extremely pleased to have signed an important MoU with HDFC supporting their initiative to promote environmental protection delivering sustainable value to their customers as well as contributing to saving the planet.”

Commenting on this initiative CEO/GM Mr. Palitha Gamage said, “Recycling of waste is fundamental to the development of a sustainable society. This is a great step towards that end.

Mr. Prasantha Malimbadage, CEO, Eco Spindles, added, “Eco Spindles’ recycling operation continues to have a massive beneficial impact on the environment. Partnering HDFC Bank will significantly increase public awareness towards the responsible disposal of PET and help build a sustainable, circular economy.”

HDFC Bank invites valued customers and all responsible citizens to drop off recyclable plastic waste at the collection bins and walk with together, towards a greener planet.

HDFC Bank invites valued customers and all responsible citizens to drop off recyclable plastic waste at the collection bins and walk with together, towards a greener planet.

Picture details
Chairperson HDFC Bank Ms. Wasanthi Manchanayake exchanges the copies of the signed MOU with Eco Spindles Chief Executive Officer Mr. Prasantha Malimbadage.

From left to right
Mr. T.B. Karunabandu Manager HDFC Bank, Deputy General Manager (Treasury & Marketing) Mr. C. R. P. Balasooriya, Deputy General Manager (Legal & Recoveries) Mr. W. W. D. S. C. Perera , Chief Operating Officer Mr. A. J. Athukorala, Manager / Chief Executive Officer Mr. Palitha Gamage, Chairperson HDFC Bank Ms. Wasanthi Manchanayake, along with the distinguished invitees from Eco Spindles, Chief Executive Officer Mr. Prasantha Malimbadage, Executive Officer Mr. Isuru Nilesh, Senior Executive Officer Mr. Supun Lakmal and, Manager Marketing HDFC Bank Ms. Deepani Priyanka and Manager Deposits & Business Development & HDFC Bank Mr. Kamal Perera.