PepsiCo, Inc. has announced Juntos Crecemos, (Together We Grow), a $50 million platform aimed at strengthening Hispanic-owned businesses, specifically restaurants, bodegas and carnicerías (meat markets), addressing foundational business challenges, and supporting business growth over the next five years. Juntos Crecemos is part of PepsiCo’s Racial Equality Journey Hispanic Initiative, a $172 million set of commitments launched in October of last year. According to a study by the U.S. Hispanic Chamber of Commerce, Hispanic-owned businesses alone contribute over $800 billion in economic activity and play a central role in their communities.…
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PepsiCo 2020 Sustainability Report Showcases Progress Towards a More Sustainable Food System
PepsiCo, Inc. has published its 2020 Sustainability Report, presenting its continued momentum to create positive change for the planet and people while acknowledging the significant work ahead to address pressing challenges in the food system, such as climate change, fertile topsoil loss, packaging waste and inequality. The report outlines how during a tumultuous year for consumers, employees and partners, PepsiCo, one of the world’s leading food and beverage companies, advanced its social and sustainability agenda across its supply chain. “We are working to transform the way we create shared value…
Read MoreGlobal Consumer Brands Unveil World’s First Enzymatically Recycled Bottles
The promise of endlessly recycled PET plastic is one step closer, as the Consortium – Carbios, L’Oréal, Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe – announces the successful production of the world’s first food-grade PET plastic bottles produced entirely from enzymatically recycled plastic. Each Consortium company has successfully manufactured sample bottles – based on Carbios’ enzymatic PET recycling technology – for some of their leading products including: Biotherm®, Perrier®, Pepsi Max®** and Orangina®. This announcement is the culmination of nearly 10 years’ research and development by Carbios to…
Read MorePepsiCo Awards $100,000 Grant to LifeNome as Winner of Fifth Annual Greenhouse Accelerator Program
PepsiCo has announced the winner of its fifth annual Greenhouse Accelerator program: LifeNome, a precision health AI company that leverages data to provide personalized, science-based health and wellness insights and analytics. With the pandemic renewing consumer interest in taking control of their personal health and wellness, PepsiCo focused this year’s program on finding emerging, disruptive tech-driven solutions that address consumer needs, such as creative innovations in personalized nutrition and functional foods and supplements. The ten participants in this year’s six-month, mentor-guided experience are all changemakers working on breakthrough innovations in…
Read MorePepsiCo Announces 2030 Goal to Scale Regenerative Farming Practices Across 7 Million Acres, Equivalent to Entire Agricultural Footprint
PepsiCo, Inc. has announced a new, impact-driven Positive Agriculture ambition, anchored by a goal to spread regenerative farming practices across 7 million acres, approximately equal to its entire agricultural footprint. The company estimates the effort will eliminate at least 3 million tons of greenhouse gas emissions (GHG) by the end of the decade. Additional 2030 goals within the agenda include improving the livelihoods of more than 250,000 people in its agricultural supply chain and sustainably sourcing 100% of its key ingredients. “Any plan to tackle the urgent challenges facing the…
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