Customers visiting Citadel’s branches last week were offered a plant.Citadel continues to be in the forefront of promoting a healthy environment through its exclusive eco products and initiatives organised each year.
For the second year running, customers visiting Citadel’s branches last week were offered a plant. Citadel also sponsored half the cost of the rides on the electric cabs in Valletta on one of those days.
Citadel Insurance is also the first and only insurer in Malta to provide direct cash savings on both its eco motor and eco home insurance. During the month of June, clients who purchase an eco insurance policy will also get a chance to win their money back.
Angela Tabone, managing director of Citadel Insurance plc said: “We invite all our valued clients to join us in this initiative and do their part in safeguarding our environment.”
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GreenPak Coop ends another year with surplus funds
Educational campaigns are continuously being conducted by GreenPak in order to further awareness about the benefits of recycling.GreenPak Cooperative Society has once again registered a surplus of over €130,000 in funds generated by its activities during 2013. These funds are being distributed to its cooperative society members confirming that good governance together with the pledge that GreenPak will operate at the least possible cost in the interest of the environment are the benchmarks with which GreenPak operates. This was announced during its annual general meeting.
GreenPak Coop manages the collection of packaging waste and organises its recycling. The coop receives its funds from companies whose trade contributes towards the generation of packaging waste.
Any remaining surplus in funds is at the end of each year given back as ‘Patronage Refund’ to the very companies that finance the operations of GreenPak. The amount of refund is worked out proportionally according to the amount of money paid by a company into the cooperative.
Ing Mario Schembri, GreenPak’s CEO, said: “Ever since GreenPak migrated from a private limited company to a Coop Society Limited owned by its members, it has moved from strength to strength. The fact that we have managed to successfully register another year with surplus profit proves that GreenPak is a professionally run packaging recycling scheme on a not-for-profit basis.”
GreenPak, a Mepa authorised scheme, is the largest waste recovery scheme in Malta, with over 1,300 companies, while 38 local councils have entrusted GreenPak with the waste management of their locality.
The organisation is a founding member of EXPRA, a not-for-profit international organisation promoting the concept that it is industry itself that should take up recycling and let recycling be a burden on government or local authorities.
GreenPak has for the past decade been one of 35 national producer responsibility systems operating under the PRO Europe umbrella.
During the AGM, the 2014 business plan was approved. The committee consists of Martin Borg, Dennis Zammit Cutajar, Edward von Brockdorff, Andrew Cutugno, Pierre Fava and Victor Galea.
For more information on GreenPak’s Cooperative Society, contact GreenPak on 2166 0233 or send an e-mail to info@greenpak.com.mt.
Thos Smith wins cargo award
Thomas Smith Group once again won an award from Lufthansa Cargo in recognition of the strong support provided to the airfreight and logistics services organisation during the year 2013, as well as the growth in volume registered. Lufthansa Cargo AG forms part of the Lufthansa Group, operating worldwide air freight and logistics services on behalf of Lufthansa, of which it is a wholly owned subsidiary.
Bernard Muscat, cargo assistant general manager, and Ramon Azzopardi, logistics manager, accepted the award on behalf of Thomas Smith’s Freight Forwarding division. This is the fifth consecutive award, and the sixth award overall that Thomas Smith achieved over the past nine years.