PepsiCo has set a new packaging goal to use 25% recycled content in its plastic packaging by 2025, as part of its sustainable plastics vision. In order to accomplish this goal, PepsiCo is partnering with suppliers and other companies, promoting cross-industry and public-private partnerships, supporting to increase consumer education and advocating for improved recycling infrastructure and regulatory reform.
The new goal includes an aim particular to PET (polyethylene terephthalate) beverage bottles to use 33% recycled content by 2025.
Mehmood Khan, vice chairman and chief scientific officer at PepsiCo, said that “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 toward a circular economy for plastics, it is vital to dramatically increase global waste collection and recycling rates through investment in recycling infrastructure and technology,” he adds.
The new goal of the company is build on goals it announced in 2016 under its Performance with Purpose 2025 Agenda. The 2025 agenda included goals for PepsiCo are to produce 100% recyclable, compostable or biodegradable packaging; to reduce carbon footprint of its packaging; to increase its use of recycled materials; and to work to increase recycling rates, in collaboration with the PepsiCo Foundation.
Meanwhile, PepsiCo has announced a number of goals in support of its Performance with Purpose 2025 Agenda and sustainable plastics vision. These include:
> Collaboration with the Global Plastic Action Partnership.
> A multiyear supply agreement with Loop Industries to incorporate Loop PET plastic.
> The launch of All in on Recycling with The Recycling Partnership.