The container deposit scheme, to be called CDS Vic, will reward Victorians with a 10-cent refund for every eligible can, carton and bottle they return. The scheme provides charities, schools, community and sporting groups an easy way to raise funds and will create an estimated 215 jobs directly in the network, with a potential further 500 indirect jobs created across the Victorian economy.
There will be many convenient and accessible locations to return containers. Victoria will install the highest number of refund collection points per person in Australia, with Visy installing over 200 drop-off points for Victorians to recycle their containers.
Visy’s infrastructure and expertise for recycling, product innovation and logistics will help ensure the container deposit scheme achieves strong recycling rates, creates new local jobs, and reduces waste and emissions from landfill said Visy CEO Mark De Wit.
“We will empower local schools, charities and sporting groups to reduce litter and fundraise for projects by establishing the most accessible scheme across Australia.”
“Visy’s expertise as Australia’s largest processor of kerbside recycling ensures we will operate a container deposit scheme Victorians can be proud of.”
Supported by Envirobank, an Indigenous, Australian-owned recycling business, we will run the collection and refund points across the Loddon, Mallee and Hume regions, as well as the inner north-eastern suburbs of Melbourne.
As a network operator, Visy will work alongside the scheme coordinator who manages the administration and finance of the scheme.
We are currently taking enquiries for local businesses and not for profits to act as collection point operators in the region.
CDS Vic will begin on 1 November 2023.