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What Is PepsiCo's New PEP+ Initiative?

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PepsiCo  (PEP) - Get Free Report introduces a broad new plan for the future of the company to make it more environmentally friendly and its products more healthful.

The strategic end-to-end transformation named, PEP+ focuses largely on achieving net-zero emission and net-positive water goals. The plan also makes fundamental changes to how its products are sourced, produced, and distributed.

From regenerative agriculture to reduced sodium and sugar in products to biodegradable packaging, the initiative is an ambitious one that also includes a net-zero emissions goal by 2040.

"PEP+ will change our brands and how they win in the market. For example, imagine Lay’s will start with a potato grown sustainably on a regenerative field, and then be cooked and delivered from a Net-Zero and Net Water Positive supply chain, sold in a bio-compostable bag, with the lowest sodium levels in the market. That’s a positive choice," Ramon Laguarta, PepsiCo’s Chairman and CEO said.

Related: P&G Sets Net-Zero Target, Following Companies Worldwide

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