Recently, PepsiCo shared its progress on recycling packaging goals in its 2021 Environmental, Social and Governance report.
It is reported that Pepsi is gradually turning some brands into 100%rPET bottles in 22 markets around the world.
In 2021 and 2022, it has launched 100%rPET beverage products in Australia, New Zealand, Vietnam and Argentina.
By the end of 2022, Pepsi bottles in 10 European markets (excluding caps and labels) will be made from 100%rPET.
In the United States, LIFEWTR, Pepsi’s high-end bottled water brand, is already sold in 100%rPET bottles, and Pepsi sugar-free products will be sold in 100%rPET bottles by the end of 2022.
According to the report, the company plans to convert all Pepsi-branded products in the United States into rPET bottles by 2030.
PepsiCo said in the report that while packaging, as an important part of its business, makes Pepsi products more convenient, more affordable and easier to distribute, the impact of packaging waste is also worrying.
Its broad strategies include reducing the use of plastics, promoting recycling and the use of recycled materials, redesigning product packaging, using new renewable materials, or promoting reduced or non-plastic packaging.
Since 2018, PepsiCo and the Pepsi Foundation have invested more than $100m in global recycling, including a $15 million closed Closed Loop Partners’Leadership Fund and a $35 million Closed Loop Local Recycling Fund fund to create small modular recycling systems in American communities.
It is understood that Pepsi aims to achieve 100% recyclable, compostable, biodegradable or reusable packaging by 2025, and the use of raw plastics from non-renewable resources will be reduced by 50% by 2030.
According to the report, Pepsi is exploring sources of renewable, non-fossil fuel-based packaging materials, such as safety, efficiency and a lower carbon footprint than petroleum-based plastic packaging.
To achieve its goals, PepsiCo, which not only needs investment and innovation, but also faces challenges from existing technological and regulatory constraints, says it will continue to be steadfast.