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BCRS Ltd. is a not-for-profit company and the licensed operator of Singapore’s Beverage Container Return Scheme. Default
It was formed by a consortium of beverage producers:
Coca-Cola Singapore Beverages
F&N Foods
Pokka National Environment Agency+1
Its board also includes representatives from Wanin Industries and Chia Khim Lee Food Industries to represent smaller producers. National Environment Agency
NEA does not own BCRS Ltd. NEA licenses and regulates the scheme; BCRS Ltd. operates it. National Environment Agency
So, in simple terms: BCRS Ltd. is industry-owned/industry-led, with Coca-Cola, F&N and Pokka as the founding consortium. bcrs.sg
me as ai BCRS Ltd. is industry-owned/industry-led mean what it say
In simple terms:
“Industry-owned/industry-led” means BCRS Ltd. is set up and run by companies from the beverage industry, rather than being a government-owned company.
For BCRS:
BCRS Ltd. operates Singapore’s Beverage Container Return Scheme.
The beverage companies themselves helped establish it through a founding consortium.
The founding companies are Coca-Cola Singapore Beverages, F&N Foods, and Pokka.
These companies therefore have a role in governance and decision-making for BCRS.
The Singapore Government/NEA is the regulator, not the owner. NEA sets the regulatory requirements and oversees the scheme.
BCRS Ltd. is intended to operate the scheme as a not-for-profit industry scheme operator, rather than as a company whose purpose is to distribute profits to shareholders.