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Four approaches, driven by disruptive innovation, aim to achieve the ambitious goal
PURCHASE, NI, December 5, 2022 /PRNewswire/ — PepsiCo (NASDAQ: PEP ) today announced a global packaging goal that aims to double the percentage of all beverage servings it sells delivered via a reusable model from 10 to 20 percent by 2030. This ambition is part of PepsiCo Positive (pep+), the company’s strategic, comprehensive business transformation that puts sustainability and people at the center of how the company will create growth and value.

SodaStream Professional – University

SodaStream Professional – Workspace
Offering its iconic beverages in reusable packaging and on innovative platforms that eliminate the need for single-use plastics is nothing new for PepsiCo – it has been an important element of the company’s sustainable packaging vision since 2018, when PepsiCo invested over 3.2 billion dollars to acquire SodaStream, the world’s leading recycling platform, and expressed its commitment to a circular economy for plastics by joining the Global Commitment on the New Plastics Economy. Reuse is also a critical lever for achieving PepsiCo’s goals to reduce virgin plastic per serving by 50% by 2030 and become Net Zero by 2040, and progress towards these goals will also be driven – in partnership with our bottlers – by increasing the recycled content in our packaging.
In line with the Ellen MacArthur Foundation’s Reuse – Rethink Packaging framework, PepsiCo will pursue four approaches to achieve its new packaging goal, including expanding its SodaStream business both at home and in the workplace through SodaStream Professional; building its offer of plastic (PET) and glass refillable bottles in partnership with PepsiCo bottlers; developing a reusable cup fountain business; and growth accelerators in powders and concentrates.
PepsiCo has more than 80 markets worldwide that offer reusable solutions, including:
- The widespread international availability of SodaStream and SodaStream Professional, and their continued growth, allow consumers to reinvent the way they consume some of the world’s most beloved beverage brands and personalize their choice in reusable containers, potentially eliminating the need for more than 200 billion plastic bottles by 2030.
- Refillable and returnable glass and plastic programs in major markets including Mexico, Guatemala, Colombia, Chile, Germany and Philippines.
- Many of our brands, including Gatorade, Propel, Muscle Milk and Evolve, are offered as concentrated powders or tablets so consumers can customize their drinks in their own containers.
“A fundamental transformation of the traditional beverage consumption model will require reusable and refill options to be affordable and convenient, at scale, for consumers – and that’s what PepsiCo wants to do,” they said. Jim Andrew, Chief Sustainability Officer, PepsiCo. “PepsiCo will accelerate our investment in disruptive innovation and advocate for policies that allow us to increase packaging options, platforms and reusable programs so that we can offer consumers a wide range of alternative ways to enjoy their favorite beverages while moving away from reliance on single-use use. -use packaging.”
“We know we can’t recycle our way out of this plastic pollution crisis,” said Sander Defruit, head of the Ellen MacArthur Foundation’s Plastics Initiative. “By avoiding single-use packaging waste, reuse business models are an important part of creating a circular economy.” Our latest Global Commitment Report illustrated the lack of progress in reuse across the industry and highlighted a lack of ambition when it comes to reuse strategies. We welcome this significant step forward by PepsiCo and hope that other global brands will follow suit and similarly set quantitative reuse targets to help reduce the use of virgin plastics in packaging.”
PepsiCo will continue to work with multiple partners to develop new infrastructure to support reuse and refill models. Recently, PepsiCo joined the Closed Loop Partners NextGen consortium. Through the consortium, it is working with stakeholders across the value chain to design and test new models to enable the increase in reusable cups, a critical component of supporting reuse infrastructure alongside drinking fountains.
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About PepsiCo
PepsiCo products are enjoyed by consumers more than a billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than 79 billion dollars in net revenue in 2021, thanks to a complementary beverage and convenience food portfolio that includes Lai’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dev, Quaker and SodaStream. PepsiCo’s product portfolio includes a wide range of fun foods and beverages, including many iconic brands that produce more than 1 billion dollars each in estimated annual retail sales.
Guiding PepsiCo is our vision to be a global leader in beverages and convenience foods by winning with PepsiCo Positive (pep+). pep+ is our end-to-end strategic transformation that puts sustainability and human capital at the heart of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com and follow @PepsiCo on Twitter, Instagram, Facebook and LinkedIn.
Warning statement
Statements in this release that are “forward-looking statements” are based on currently available information, operating plans and projections about future events and trends. Terminology such as “target”, “anticipate”, “believe”, “initiate”, “estimate”, “expect”, “expressed confidence”, “forecast”, “future”, “target”, “guidance”, ” intent ,” “can,” “objective,” “look,” “plan,” “position,” “potential,” “project,” “seek,” “should,” “strategy,” “goal,” “will ” or similar statements or variations of such words and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements inherently involve risks and uncertainties that could cause PepsiCo’s actual results to differ materially from those anticipated in such forward-looking statements. Such risks and uncertainties include, but are not limited to: risks associated with lethal conflict in Ukraine; damage to PepsiCo’s reputation or image; water shortage; disruption of PepsiCo’s manufacturing operations or supply chain, including increased costs of goods, packaging, transportation, labor and other input costs; climate change or measures to address climate change; and non-compliance with applicable laws and regulations.
For additional information on these and other factors that could cause PepsiCo’s actual results to differ materially from those stated herein, please see PepsiCo’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent reports on Forms 10-K and 8-K. Investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE PepsiCo, Inc.
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