Tag: PepsiCo

PepsiCo Helps More Than 55 Million People Globally Gain Access to Safe Water With Partners

Stuart Mitchell

PepsiCo, Inc. and The PepsiCo Foundation have announced that the company has helped more than 55 million people gain access to safe water globally since 2006 and catalyzed nearly $700 million in additional funding to support safe water access investments in partnership with leading non-profits worldwide. The milestone announced today marks significant progress towards PepsiCo’s goal of reaching 100 million people with safe water by 2030. The Foundation also announced today new programs to help communities recover and rebuild from the COVID-19 pandemic. These include: Building sanitation facilities and community…

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PepsiCo Commits $1 Million To Improve Access To Soccer In Underserved Communities In The U.S.

Stuart Mitchell

PepsiCo, Inc. have announced “Team of Champions,” a national purpose platform building upon its global UEFA Champions League partnership to provide the gift of the game to underserved communities. The $1 million commitment over three years will make actionable investments on and off the field to help create transformational change for Hispanic and Black communities across the United States through soccer. “Team of Champions” is supported by international soccer star Javier ‘Chicharito’ Hernandez as he joins the PepsiCo athlete roster. In his first national effort partnering with Pepsi and Lay’s,…

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PepsiCo Launches $40 Million Community College Program to Support 4,000 Black and Hispanic Students

Stuart Mitchell

Recognizing the need for systemic change to address barriers that make it difficult for low-income students of color to pursue higher education, PepsiCo and its philanthropic arm, The PepsiCo Foundation, has announced a new $40 million scholarship and professional mentoring program to support Black and Hispanic aspiring and graduating community college students. Launching in Dallas, Westchester, Houston, and Chicago, PepsiCo plans to expand the program to 16 additional cities in the fall and aims to support 4,000 students over five years. Higher education is a key pathway to better pay,…

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PepsiCo Doubles Down on Climate Goal and Pledges Net-Zero Emissions by 2040

Stuart Mitchell

PepsiCo, Inc. have announced plans to more than double its science-based climate goal, targeting a reduction of absolute greenhouse gas (GHG) emissions  across its value chain by more than 40% by 2030. In addition, the company has pledged to achieve net-zero emissions by 2040, one decade earlier than called for in the Paris Agreement. Specifically, PepsiCo plans to reduce absolute GHG emissions across its direct operations (Scope 1 and 2) by 75% and its indirect value chain (Scope 3) by 40% by 2030 (2015 baseline). This action is expected to…

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PepsiCo and Beyond Meat® Establish The PLANeT Partnership, LLC, a Joint Venture to Introduce New Plant-Based Protein Offerings

Stuart Mitchell

PepsiCo, Inc. and Beyond Meat, Inc. have announced they will form The PLANeT Partnership, LLC (TPP), a joint venture to develop, produce and market innovative snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meat’s leading technology in plant-based protein development and PepsiCo’s world-class marketing and commercial capabilities to create and scale new snack and beverage options. Financial terms of the partnership were not disclosed. Joint venture operations will be managed through the newly created entity The PLANeT Partnership, LLC (TPP). “Plant-based proteins represent an…

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