PepsiCo and Schneider Electric Accelerate Adoption of Renewable Electricity Among Value Chain Partners

Together with Schneider Electric, the leading global consultant on corporate renewable purchasing, PepsiCo have announced pep+ REnew – one of the first collaborations of its kind, and first in the food and beverage industry – to increase value chain partner access to renewable electricity as part of the company’s goal to achieve net-zero emissions by 2040. The collaboration aims to accelerate the adoption of renewable electricity and create a more resilient and carbon-efficient food system as part of PepsiCo’s pep+ (PepsiCo Positive) transformation. Specifically, pep+ REnew is designed with two…

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PepsiCo Announces A New Goal To Advance Food Security For 50 Million People By 2030

PepsiCo has announced a new goal to help 50 million people gain ready access to nutritious foods by 2030 (2020 baseline) through its Food for Good food security program and the expansion of PepsiCo’s affordable nutrition offerings as part of its PepsiCo Positive (pep+) journey. This new goal is in addition to PepsiCo’s recently announced support for the Zero Hunger Private Sector Pledge, pledging $100 million in positive agriculture and food security initiatives by 2030, including training farmers and helping strengthen agricultural production with plans to increase crop yields and help…

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PepsiCo and N-Drip partner to provide water-saving, crop-enhancing benefits to farmers around the world

PepsiCo and N-Drip have announced a partnership to help farmers around the world adopt game-changing technology in water efficiency across 10,000 hectares (25,000 acres) by 2025. Around the world, a countless number of farmers make use of flood, or trench, irrigation to bring water to their crops, which floods the field at regular intervals, losing up to 70 percent of the water used. This technique is still deployed on 85 percent of all irrigated fields worldwide, roughly 600 million acres, even in water-scarce locations. However, alternatives to flood irrigation are…

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PepsiCo Announces New Innovations and Partnerships to Celebrate World Water Day

As part of its pep+ (PepsiCo Positive) transformation, PepsiCo, Inc. announced several new innovations, investments and partnerships to progress against its ambition to be Net Water Positive by 2030, aiming to replenish more water than the company uses. This includes developing a new technology to recover more than 50% of the water used in its potato chip manufacturing, investing nearly $2 million for the Colorado River Basin, extending safe water access to 8 million more people in 2021, and signing a new partnership to scale a groundbreaking drip irrigation technology across…

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Pepsico Creates Dedicated North America Multicultural Business And Equity Development Organization To Accelerate Racial Equality Journey And Community Efforts Across Beverage And Convenient Food Businesses

Building on progress made to implement an impactful community and racial equality agenda, PepsiCo has announced the creation of a new North America organization dedicated to accelerating efforts inside and outside of the company to help address inequalities for historically excluded people and underserved businesses and communities. This announcement is a critical next step in PepsiCo’s Racial Equality Journey (REJ), a key pillar of the company’s pep+ (PepsiCo Positive) transformation of how it creates growth and shared value. The company’s REJ commitments were originally announced in 2020 and centered around investing more than…

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