PepsiCo, Inc. has announced a new target to reduce 35% of virgin plastic content across its beverage portfolio by 2025, which equates to the elimination of 2.5 million metric tons of cumulative virgin plastic. Progress will be driven by the company’s increased use of recycled content and alternative packaging materials for its beverage brands, including LIFEWTR®, bubly™ and Aquafina®, which recently announced sustainable packaging efforts. Additionally, through the expansion of PepsiCo’s SodaStream® business, an estimated 67 billion plastic bottles will be avoided through 2025. These targets advance PepsiCo’s sustainable packaging vision and…
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PepsiCo Kicks Off Month-long Global Volunteering Event to Distribute More Than 1.1 Million Nutritious Meals for Those in Need & Support Local Communities
PepsiCo, Inc. has announced the kickoff of its annual, month-long global volunteering event, PepsiCo Gives Back, which unites its global employees in volunteer service and community support. This year, tens of thousands of PepsiCo employees will participate in volunteer events around the world including nutritious meal packing events which will provide more than 1.1 million nutritious meals to communities in need. The meals being distributed will include enriched rice, soy protein, dried vegetables and 23 essential vitamins and nutrients to provide a comprehensive array of micronutrients. The meals will be…
Read MorePepsiCo & Inter-American Development Bank Partnership Helps More Than 765,000 People in Latin America Gain Access to Clean Water
PepsiCo, Inc. has announced that its partnership with the Inter-American Development Bank (IDB), the largest source of development financing in Latin America, has helped more than 765,000 people in rural areas of Mexico, Peru, Colombia and Honduras gain new or improved access to drinking water and sanitation services since 2011. With grants to IDB in 2011 and 2016 totaling $7 million The PepsiCo Foundation, the company’s philanthropic arm, has helped catalyze $547 million in additional funding from others to support infrastructure investments and upgrades in these communities. In Latin America…
Read MorePepsiCo Latin America Announces “Recycling with Purpose” in Peru and a $2 Million USD Grant from the PepsiCo Foundation to Ciudad Saludable
PepsiCo is striving to build a world where plastics need never become waste. To achieve this, PepsiCo Latin America has dedicated the last decade to working on inclusive recycling in the region. Earlier this year the company launched “Recycling with Purpose,” a circular economy model for Latin America based on consumer involvement and education, inclusive recycling, and strengthening of the local recycling industry. Today, Peru becomes the first country to implement the program. “PepsiCo wants to be part of the solution and will work continuously to build a world where…
Read MorePepsiCo Advances Circular Economy for Plastics; Announces LIFEWTR® Packaging with 100% Recycled Plastic and Elimination of Plastic Bottles for bubly™
PepsiCo, Inc. has announced that LIFEWTR will be packaged in 100% rPET (recycled polyethylene terephthalate), and bubly will no longer be packaged in plastic. The company’s AQUAFINA® water brand will also offer aluminum can packaging in U.S. food service outlets, while the brand tests the move in retail. The changes, which all go into effect next year, are expected to eliminate more than 8,000 metric tons of virgin plastic and approximately 11,000 metric tons of greenhouse gas emissions, representing the latest ambitious steps in the company’s sustainability journey and pursuit…
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