Keurig coffee pod maker charged with making inaccurate recyclability claims ...Middle East

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Keurig coffee pod maker charged with making inaccurate recyclability claims
The Securities and Exchange Commission (SEC) on Tuesday charged Keurig Dr Pepper Inc., which makes single-use coffee pods, with making inaccurate claims about the recyclability of its products. Keurig settled the charges and agreed to pay a civil penalty of $1.5 million, a relatively modest charge for the massive company. According to the SEC, Keurig stated in annual reports from fiscal years 2019 and 2020 that the K-Cups’ recyclability had been tested and that the recycling facilities validated that the single-user pods “can be effectively recycled.” In reality, according to the SEC, two major recycling companies had raised “significant concerns” to Keurig about the feasibility

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