A July 20, 2022 PepsiCo news release https://www.pepsico.com/our-stories/press-release/pepsico-issues-new-125-billion-10-year-green-bond-as-company-accelerates-pep-tra07202022 reports on “… closing of a new $1.25 billion 10-year Green Bond. The Company will use an amount equivalent to the net proceeds … to fund Eligible Green Projects … [including] … Regenerative agriculture … farmer training, practices to reduce fertilizer and watershed enhancement and improvement projects … Decarbonization and climate resilience … Circular economy and virgin plastic waste reduction: … strive to use 50 percent recycled plastic content in its packaging by 2030 … the new Green Bond will enable PepsiCo to continue its work to increase the use of more sustainable product packaging including recycled, compostable and reusable materials … [and] enables the Company to direct funding to projects that strengthen recycling infrastructure and increase recycling rates in key markets … [Finally] Pursuing net positive water impact in owned operations and throughout PepsiCo’s value chain …” #PlasticWaste #SingleUsePlastic #Recycling @PepsiCo
Animal Digestible Food Packaging Initiative
Our reason-for-being/goal/purpose/objective/intent is to convince/inspire/persuade/encourage the food processing industry to establish and fund a public private partnership for the discovery of new food packaging materials that would be digestible by animals (farm animals as well as ubiquitous microbes).
