US food and beverage giant PepsiCo is targeting having 25% recycled plastic content in its product packaging by 2025.
In an announcement today (26 October) the Walkers and Frito-Lay crisps owner said it aims to achieve this goal by collaborating with suppliers and partners, helping to increase consumer education, fostering cross-industry and public-private partnerships, and advocating for improved recycling infrastructure and regulatory reform.
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.”
PepsiCo’s new goal builds on goals announced in 2016 under the company’s Performance with Purpose 2025 Agenda. The 2025 agenda included goals for PepsiCo to strive to design 100% of its packaging to be recyclable, compostable or biodegradable; to increase its use of recycled materials; to reduce the carbon impact of its packaging and, in partnership with the PepsiCo Foundation, to work to increase recycling rates.
Blog: Crisp maker embraces change after snack attack
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By GlobalData