PepsiCo has recently announced the launch of a new sustainability platform called pep+ Partners for Tomorrow, which is aimed at delivering solutions to support the company’s customers in achieving their sustainability goals. This initiative will bring PepsiCo’s comprehensive customer sustainability offerings under a single platform to deliver critical solutions that the company’s partners most need.
PepsiCo’s Partners for Tomorrow program will work directly with customers to implement sustainability initiatives that align with its pep+ (PepsiCo Positive) business transformation, which is designed to drive long-term sustainable business performance and value, with sustainability and human capital at its core.
The initial launch of the Partners for Tomorrow program will focus on customers in the United States, with plans to expand the program to key global markets by 2024. At launch, the program will include several sustainability initiatives, such as CIRQU, which consists of the on-demand collection of recyclable beverage containers for food service and retail customers. This program has been developed in partnership with Replenysh and aims to ensure that plastic, glass, and aluminium containers are collected and recycled to become recycled PET packaging.
Another initiative included in the program is Reusable Cup Solutions, which PepsiCo is piloting in select markets to support its goal of having 20% of all beverage servings delivered through reusable models by 2030. The program includes gamification to incentivize event attendees to return reusable cups after use.
PepsiCo is also launching a Regenerative Agriculture program called sow+ Agriculture (Sow Positive Agriculture). It aims to enable its customers to invest directly in converting agricultural land to regeneratively farmed acreage. The program will assist farmers through loans and grants to improve soil health, reduce erosion, and improve water quality. Additionally, the program will provide a forum for industry influencers to discuss concepts, trends, opportunities, and risks around regenerative farming.
The Partners for Tomorrow program also includes the North America Customer Sustainability Summit, which will educate and help enable PepsiCo’s customers to drive progress on their sustainability journeys. Finally, the pep+ REnew collaboration is the first value chain partner initiative of its kind in the food and beverage industry and increases value chain partner access to renewable electricity as part of PepsiCo’s goal to achieve net-zero emissions by 2040.
PepsiCo’s pep+ climate strategy focuses on everything in its supply chain, including manufacturing, agriculture, packaging, transportation, vending, and cooling equipment. The company’s efforts to improve its end-to-end supply chain aim to help drive progress toward the pep+ goals to achieve net-zero emissions across PepsiCo’s value chain by 2040. Some of the key projects designed to drive progress against the company’s pep+ ambitions for climate, packaging, and agriculture include fleet electrification, manufacturing and fleet excellence, and renewable energy generation and storage. These efforts are aimed at helping PepsiCo achieve its sustainability goals and helping its customers see progress toward achieving their Scope 3 emissions reduction goals.