PepsiCo Provides Update on US$1 Billion Green Bond

PepsiCo, Inc. has released its 2020 Green Bond Report which provides an update on the allocation of the use of net proceeds from its first ever Green Bond, issued in October 2019 for $1 billion. As disclosed at issuance, the Green Bond’s net proceeds are to be allocated to investments where PepsiCo believes it can make a lasting impact on priorities within its sustainability agenda, including packaging, decarbonization and water, while advancing several of the UN’s Sustainable Development Goals. PepsiCo was one of the first corporations in the food and…

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PepsiCo Targets 100% Renewable Electricity Globally

PepsiCo Inc. has announced a new target to source 100% renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations by 2040. With PepsiCo’s scale, the transition has the potential to reduce approximately 2.5 million metric tons of greenhouse gas (GHG) emissions by 2040, the equivalent of taking more than half a million cars off the road for a full year. This announcement builds upon the company’s global efforts to increase its use of renewable energy sources and…

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PepsiCo, USAID Launch Five-Year, $20 Million Partnership to Empower Women in Agriculture

PepsiCo have announced a new five-year, $20 million partnership with the U.S. Agency for International Development (USAID) under the Women’s Global Development and Prosperity (W-GDP) Initiative, supporting the global food and beverage leader’s efforts to empower women in agriculture and help build a more sustainable food system. The goal of the project is to drive inclusivity across the food and beverage industry by demonstrating that actively engaging women as critical drivers of PepsiCo’s sustainable sourcing strategy leads to better business results. According to the Food and Agriculture Organization, if women…

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PepsiCo’s Annual North America Greenhouse Accelerator Program Awards $100,000 Grant to Spudsy

PepsiCo has announced the winner of its second annual North America Greenhouse program: Spudsy* – a Costa Mesa, Calif., female-owned company that makes sweet potato puff snacks that are certified non-GMO, vegan, gluten free, and sources ingredients in a way that reduces food waste. The six-month business program, which began in February as COVID-19 was starting to change the retail landscape, awarded 10 emerging food and beverage brands the opportunity to partner with PepsiCo as they looked to scale their businesses. Collectively, the 10 participating companies in this year’s North…

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PepsiCo Releases 2019 Sustainability Report; Highlights Progress Toward Helping to Build a More Sustainable Food System

PepsiCo, Inc. has published its 2019 Sustainability Report, highlighting progress toward its sustainability goals and reaffirming the company’s agenda to help build a more sustainable food system. “Today’s global environmental and societal pressures are bringing into sharp focus the need for systemic change,” said Ramon Laguarta, PepsiCo’s CEO and Chairman. “These challenges not only require deeper commitment from the private sector, they also require demonstrated and sustained action. As a global food and beverage leader, we have a responsibility to use our scale and influence to help tackle long-term challenges,…

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