MANILA - San Miguel Corp. announced Sunday it is discontinuing its bottled water business as part of its move to a more environmentally sustainable business model.
SMC, which makes Purewater bottled water, said it is shifting the brand to filtration technology which can be deployed in disaster-hit areas.
“As we’ve transformed to a diversified business with interests in critical industries like power, infrastructure, public utilities and fuels, we realize we have a much bigger role to play in tackling the most pressing social and environmental issues,” SMC president and chief operating officer Ramon S. Ang said.
The conglomerate announced in March this year that it will cut its domestic and utility use of water by 50 percent by 2025 as part its sustainability initiative.