Month: August 2022

PepsiCo Issues New $1.25 Billion 10-Year Green Bond As Company Accelerates pep+ Transformation

Stuart Mitchell

PepsiCo has announced the closing of a new $1.25 billion 10-year Green Bond.  The Company will use an amount equivalent to the net proceeds from the offering to fund Eligible Green Projects which will focus on its pep+ (PepsiCo Positive) agenda – the Company’s strategic, end-to-end transformation that places sustainability and human capital at the center of how it will create growth and value.  Investments under PepsiCo’s new Green Bond will focus on investments to deliver key environmental sustainability initiatives under two pillars of its pep+ agenda: Positive Agriculture and Positive…

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Boeing Unveils Model to Show Best Routes to Zero Carbon Future

Stuart Mitchell

As the commercial aviation industry maps a path to net zero emissions, Boeing unveiled a new data modeling tool to show the most effective scenarios for reaching the destination by 2050. The model includes consultation with leading universities and will continue to be used with key stakeholders. The company also shared illustrative hydrogen and electric concepts that could power the future of flight. “There are multiple ways to a future where aviation has zero climate impact. We created Cascade on a foundation of credible data and analytical models to allow…

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Major fleet owners urge smart, rapid build-out of electric vehicle infrastructure

Stuart Mitchell

A letter sent to state leaders and the Federal Highway Administration on behalf of the Corporate Electric Vehicle Alliance and NAFA Fleet Management Association detailed a set of recommendations designed to guide the build-out of cost-effective, equitable, and reliable electric vehicle charging infrastructure, particularly as states look to spend funds from the National Electric Vehicle Infrastructure  (NEVI) Formula Program, established by the federal Infrastructure and Investment Jobs Act.  “As we confront increasing economic and public health risks due to the climate crisis — as well as volatile petroleum prices —…

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Ad Council Announces dentsu Americas’ Jacki Kelley as Board Chair

Stuart Mitchell

Jacki Kelley, CEO of dentsu Americas, has been named Chair of the Ad Council’s Board of Directors. She succeeds Linda Yaccarino, Chairman, Global Advertising and Partnerships of NBCUniversal, and will serve in the role until June 30, 2023. Tara Walpert Levy, VP, Americas YouTube has also been elected to Vice Chair of the Ad Council’s Board of Directors alongside Diego Scotti, current Vice Chair, who will serve as Chair after Kelley. For more than 80 years, the Ad Council has been at the forefront of driving the communications industry’s social…

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Companies must invest to avoid a supply chain scandal or pay the price in lost consumers  

Stuart Mitchell

Investing to avoid a supply chain scandal is the price worth paying, according to researchers at the University of Surrey, as some customers will not fully return even if the customer-facing firm sacks the offending supplier.   If a supply chain scandal does hit, customers want companies they buy from to act – and a combination of actions, not limited to firing their supplier – is the best way to minimise lost consumers. Apologies are not enough.  Professor Sabine Benoit from Surrey Business School said:   “Our research shows that companies need…

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