PepsiCo Inc., Purchase, N.Y., has priced the company's first ever Green Bond. The net proceeds from the $1 billion Green Bond offering will fund a series of key initiatives to advance PepsiCo's sustainability agenda, it says. The company also announced that it has named PepsiCo leader Simon Lowden as its first chief sustainability officer. In this new role, effective immediately, Lowden will be responsible for leading PepsiCo's Sustainability Office, including the Global Sustainable Plastics team and Global Sustainable Operations team.
As beverage-makers look to design upscale, convenient products for consumers’ busy lives, packaging suppliers are navigating the path to amalgam these attributes.
Juice bottle protects product, offers longer shelf life
September 23, 2019
The concept combines an environmentally friendly packaging solution in one container and thereby supports the theory of circular economy, the company says.
The Regina Chain’s e-F.A.S.T. material benefits conveyors used in high-speed, dry-running bottling operations because it eliminates the need for traditional external lubricants and other filling operations, the company says.
Although much attention is given to primary packaging materials, suppliers in the labeling market are seeing the growing influence sustainability has on operations and are seeking to be proactive participants to the solution.