PepsiCo is accelerating its plastic waste reduction efforts by committing to reduce 35% of virgin plastic content across its beverage portfolio by 2025.
The amount announced by the beverage giant amounts to around 2.5 million metric tonnes of cumulative virgin plastic.
To achieve this aim, the company said it will increase the use of recycled content and alternative packaging in its beverage brands – which includes Life Water.
Additionally, through the expansion of PepsiCo’s SodaStream business, an estimated 67 billion plastic bottles will be avoided through 2025.
These targets advance PepsiCo’s sustainable packaging vision and reinforce its “Beyond the Bottle” strategy which, in addition to SodaStream, includes the mobile-enabled Hydration Platform and other offerings that deliver beverages without single-use plastic bottles.
“While our efforts are far from done, this is one more step in PepsiCo’s journey toward helping to build a world where plastics need never become waste,” said Chairman and CEO, Ramon Laguarta.
“Even as we work to accelerate business growth, we continue to make important progress toward a circular economy for packaging, a responsibility we take very seriously.”
PepsiCo’s sustainable plastics vision is rooted in three pillars: reducing the amount of plastics used, boosting recycling rates, and reinventing plastic packaging.