PepsiCo, Givaudan, Smurfit WestRock and Statkraft sign 10‑year renewable energy agreement to advance value chain decarbonization across Europe

PepsiCo, Givaudan, Smurfit WestRock and Statkraft have announced a 10‑year Virtual Power Purchase Agreement (VPPA) with an underlying wind asset in Spain which is undergoing repowering. The agreement strengthens progress toward shared sustainability goals. Under the pep+ REnew program, PepsiCo worked with SE Advisory Services, Schneider Electric’s global consulting practice, to structure and deliver its second supply‑chain VPPA cohort under the pep+ REnew program. SE Advisory Services helped aggregate load across PepsiCo, Givaudan, and Smurfit WestRock, opening access to long‑term renewable electricity opportunities and advancing progress toward net‑zero targets. Launched…

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Givaudan and LanzaTech announce their collaboration on developing new sustainable fragrance ingredients from renewable carbon

Givaudan, a global industry leader in the world of scent and beauty, and LanzaTech NZ, Inc., an innovative Carbon Capture and Transformation (“CCT”) company have announced a collaboration for the development of sustainable fragrance ingredients from renewable carbon. Renewable carbon is carbon that avoids or substitutes the use of additional fossil carbon. Examples include carbon from CO2 and carbon recycling. Multiple commercial facilities are already licensing LanzaTech’s technology, converting various waste carbon sources to ethanol, including the conversion of industrial emissions in China, thanks to the power of industrial biology…

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