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ANNUAL REPORT 2021 47

PLASTIC DATA AND FUN FACTS
Another highlight is that the RVM is enabled via the Internet of Things (“IoT”) ★ Every minute, 1 million plastic bottles
concept. It has an interactive touchscreen able to intelligently track the are sold across the world.
collection made by the departments in the Bank, and also has the capability ★ It takes three times the amount of
to send a “BIN FULL” alert via SMS to selected licensed recyclers when the water in bottled water to make a
collection bag is full. plastic bottle.

As part of the Bank’s one year campaign, the RVM has been placed in the ★ The production of bottled water uses
concourse area of EXIM Bank Malaysia’s head office in Jalan Sultan Ismail, 17 million barrels of oil a year. That’s
slightly more than what it would take
where plastic bottle depositors from the Bank and surrounding communities to fill one million cars a year with fuel.
such as Quill Mall patrons, Kampung Baru residents, Heritage Row and other ★ It takes almost 2,000 times the energy
businesses and student populations, are encouraged to use the Crush-It to manufacture a bottle of water than it
machine and increase the awareness for this cause. does to produce tap water.

Leveraging on its tracking capabilities, in September 2021, the Bank ran an ★ The biodegradation of plastic bottles is
inter-department plastic bottle and aluminium can recycling challenge. estimated to take 450 years.
This furthered the recycling message as ★ Plastic is killing more than 1.1 million
winners received prizes such as garments seabirds and animals every year.
and other wearable products made of ★ There will be more plastic than fish (by
recycled plastic weight) in the ocean by 2050.
bottles. ★ In 2012, total plastic emissions (not
just packaging) totalled around 390
million tonnes of CO . CO plays a role
2
2
in climate change, which is defined
as a long-term shift in global climate
patterns such as temperature, rainfall,
and precipitation over time.
★ Plastic recycling rates are low at
between 14–18% as a global average
and much lower in some countries,
compared with recycling rates
exceeding 50% for steel, aluminium,
copper and paper.
★ Each year, at least 8 million tonnes of
plastics leak into the ocean — which
is equivalent to dumping the contents
of one garbage truck into
the ocean every minute. If
no action is taken, this is
expected to increase to
two per minute by 2030
and four per minute by
2050. Estimates suggest
that plastic packaging
represents the major
share of this leakage.

FEEDBACK IS WELCOMED
In advancing its investment in sustainability, EXIM Bank sees beneficial synergies between its evolving sustainability reporting
and stakeholder engagement processes. Comments, suggestions and critiques on the Bank’s sustainability practices and
reporting are welcome. Please send a message via email to communications@exim.com.my.