PEPSICO INTRODUCES NEW PACKAGING GOAL, DOUBLING DOWN ON SCALING REUSABLE PACKAGING OPTIONS
PURCHASE, N.Y., Dec. 5, 2022 /PRNewswire/ -- PepsiCo (NASDAQ: PEP) today announced a global packaging goal intended to double the percentage of all beverage servings it sells delivered through reusable models from 10 to 20 percent by 2030. This ambition is part of PepsiCo Positive (pep+), the company's strategic, end-to-end business transformation that puts sustainability and people at the center of how the company will create growth and value.
- Refillable and returnable glass and plastic programs in major markets including Mexico, Guatemala, Colombia, Chile, Germany and the Philippines.
- "Fundamentally transforming the traditional beverage consumption model will require making reusable and refillable options accessible and convenient, at scale, for consumers and that's what PepsiCo aims to do," said Jim Andrew, Chief Sustainability Officer, PepsiCo.
- "By avoiding single-use packaging waste in the first place, reuse business models are an important part of creating a circular economy.
- Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+).