PepsiCo plans to use 25% recycled plastic content by 2025
By Martin White - Oct 29th 2018, 08:58
PepsiCo has announced that it plans to use 25% recycled content in its plastic packaging by 2025 as part of its sustainability vision.
PepsiCo aims to achieve this goal by collaborating with its suppliers and partners, helping to educate consumers and advocating for improved recycling infrastructure and regulatory reform in certain markets.
The goal includes a specific aim regarding PET (polyethylene terephthalate) beverage bottles, as the company hopes to achieve 33% recycled PET content by 2025.
Dr Mehmood Khan, vice-chairman and chief scientific officer at PepsiCo said: “PepsiCo’s sustainable plastics vision is to build a PepsiCo where plastics need never become waste."
“We intend to achieve that vision by reducing, recycling and reusing, and reinventing our plastic packaging – and leading global change through partnerships."
“Already, PepsiCo is one of the world’s largest users of food-grade recycled PET. To further boost recycled content across all plastic packaging and drive progress towards a circular economy for plastics, it is vital to dramatically increase global waste collection and recycling rates through investment in recycling infrastructure and technology.”
Earlier this month, PepsiCo signed a multi-year supply agreement with sustainable packaging producer Loop Industries, and PepsiCo says it will begin incorporating Loop’s plastic into its product packaging by early 2020.
In September, the company also made a commitment to triple the content of recycled plastic in its bottles across the European Union by 2030, aiming to achieve 50% recycled plastic (rPET) content in its bottles by this time.FoodBev
Is Woolworths unravelling in Australia?
15/02/2019 - 16:35
The sudden departure of two Australia-based nonexecutive directors of Woolworths has fuelled speculation that the troubled retailer will be forced to announce another huge write-down related to the R21bn acquisition of the David Jones department store.
Booze, drugs and DIY boost Spar in difficult economy
13/02/2019 - 15:40
Robust liquor sales and the inclusion of the pharmaceutical distribution business it bought in 2018 year boosted grocery retailer Spar Group in the weeks leading up to Christmas.
Pick n Pay trials a R5 reusable bag – made from green plastic bottles
13/02/2019 - 13:38
Pick n Pay is trialling the lowest priced reusable bag yet in South Africa, as an affordable reusable alternative to plastic carrier bags.
IoT offers fast, effective control of every business resource
12/02/2019 - 22:51
Internet of Things (IoT) continues to make inroads into South African industries, and it is not difficult to see why. The fact is that with IoT, businesses will always know where everything is, they will be able to keep track of even more data, everything will be faster and remote work will be even more feasible. Another fact is that challenges associated with this technology, like security, connectivity and a sound business plan, are largely being addressed.
Toys R Us makes a comeback as Tru Kids Brands
12/02/2019 - 19:17
Toys R Us is making a comeback as a brand new company known as Tru Kids Brands, one year after the toy retailer went bust.