PepsiCo ramps up sustainable packaging in new initiative
PepsiCo, Inc. introduced pep+ (pep Positive), a strategic end-to-end transformation with sustainability at its core.
pep+ will guide how PepsiCo will transform its business operations: from sourcing ingredients and making and selling its products in a more sustainable way, to leveraging its more than one billion connections with consumers each day to take sustainability mainstream and engage people to make choices that are better for themselves and the planet.
One of the pillars of pep+ is to promote a positive value chain by introducing more sustainable packaging into the value chain.
In line with pep+, PepsiCo announced new goals to cut virgin plastic per serving by 50% across its global food & beverage portfolio by 2030 and using 50% recycled content in its plastic packaging.
PepsiCo will continue to scale new business models that require little or no single-use packaging, including its global SodaStream business.
The SodaStream business is a platform that almost entirely eliminates the need for beverage packaging, among other levers. SodaStream is already sold in more than 40 countries. Part of the brand's effort to help consumers avoid more than 200 billion plastic bottles by 2030.
Besides SodaStream, PepsiCo’s brands across its food & beverage portfolio are accelerating their efforts to realise the sustainable packaging vision and leveraging their influence to educate consumers on recycling and the planetary impacts of their choices.
11 European markets are moving key Pepsi-branded products to 100% rPET bottles by 2022. Meanwhile in the U.S., all Pepsi-branded products will be converted to 100% rPET bottles by 2030, with Pepsi Zero Sugar beginning to be sold in 100% rPET bottles by 2022.
PepsiCo has been investing in breakthrough food packaging technology and is now introducing a fully compostable bag made with plant-based materials. Starting with Off The Eaten Path, one of Frito-Lay's plant-based brands, this industrially compostable packaging will be available to consumers in the U.S.
Notably, the company also announced today that it is willing to work with other companies to license the same technology at no cost given the importance of creating a circular food packaging system.