DAVOS,
Switzerland, Jan. 16,
2023 /PRNewswire/ -- Uber (NYSE:UBER) and Visa
(NYSE:V) today announced a new program designed to support
small-and medium-sized businesses in their transition to green and
sustainable packaging solutions, as part of a broader year-long
effort to support SMBs who use Uber Eats to grow their
businesses.
Support for restaurants in New York, Los
Angeles, London,
Paris and Madrid to source sustainable packaging
solutions.
Together, the two companies will make $1
million accessible to qualifying Uber Eats restaurants in
New York, Los Angeles, London, Paris
and Madrid to be used towards
funding sustainable packaging solutions to help transition to a
greener future, which hospitality industry research indicates is a
top priority for 2023.
Uber and Visa have launched this new initiative in Davos, Switzerland, where the companies are
highlighting impact from their shared 2022 Grants for Growth
program that has supported US small business owners still
recovering from the pandemic and other unexpected events. Merchants
received microgrants of $10,000, used
for payroll, paying outstanding debt to vendors, upgrading payment
technology infrastructure, and other immediate operational
costs.
"Building on the success of our shared support for small and
medium-sized businesses, I'm very happy to be turning our efforts
with Visa towards how we can help restaurant owners reduce
packaging waste and contribute to the fight against climate
change," says Pierre-Dmitri
Gore-Coty, SVP and Global Head of Delivery for Uber.
"Single-use packaging is used in nearly every takeout order
worldwide—with Visa and our restaurant partners we can work towards
reducing waste and helping small businesses thrive."
"With consumers continuing to express desires to live more
sustainably, businesses across sectors have a notable opportunity
to adopt more sustainable practices to meet this demand," said
Douglas Sabo, Chief Sustainability
Officer, Visa Inc. "Visa is excited to expand on our partnership
with Uber Eats to help small businesses to not be left out of the
sustainable business transformations this moment requires."
A 2022 study by the US National Restaurant Association
indicates that while the transition to sustainable packaging is a
priority to many restaurants, the cost—and continued supply chain
issues faced by the hospitality industry—make it difficult. It's
the hope of Uber Eats and Visa that this new program is a small
step in a positive direction for small business owners. Details of
the new partnership, including how restaurants can qualify and
apply for funding will be shared here in the coming months.
In 2020, Uber made the ambitious commitment to be a
zero-emission mobility platform by 2040. To learn more, visit
https://www.uber.com/us/en/about/sustainability/. Visa has
committed to net-zero emissions by 2040, and in 2020 achieved
carbon neutrality and transitioned to 100% renewable electricity
across its operations. To learn more, visit
https://www.visa.com/esg.
About Uber
Uber's mission is to create opportunity
through movement. We started in 2010 to solve a simple problem: how
do you get access to a ride at the touch of a button? More than 15
billion trips later, we're building products to get people closer
to where they want to be. By changing how people, food, and things
move through cities, Uber is a platform that opens up the world to
new possibilities.
Media Contact
Uber
press@uber.com
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SOURCE Uber