Soft drinks major PepsiCo plans to use 25% of recycled content for its plastic packaging by 2025 as part of its sustainable plastics vision.
As part of the commitment, the company aims to use 33% recycled PET content with a focus on polyethylene terephthalate (PET) beverage bottles by 2025.
The company will work collaboratively with suppliers and partners to increase consumer awareness, foster cross-industry and public-private partnerships, as well as advocate for improved recycling infrastructure and regulatory reform.
PepsiCo vice-chairman and chief scientific officer Mehmood Khan said: “We intend to achieve that vision by reducing, recycling and reusing, and reinventing our plastic packaging and leading global change through partnerships.
“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 towards a circular economy for plastics, it is vital to dramatically increase global waste collection and recycling rates through investment in recycling infrastructure and technology.”
The decision complements PepsiCo’s commitment to its 2025 Agenda. The company aims to make 100% of its packaging recyclable, compostable or biodegradable, while increasing the use of recycled materials, reducing the carbon impact of its packaging, as well as increasing recycling rates by working in collaboration with the PepsiCo Foundation.
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By GlobalDataEarlier this month, the beverage maker signed a multi-year supply agreement with Loop Industries to incorporate Loop PET plastic into its product packaging by mid-2020.
In September, PepsiCo also announced plans to join the Global Plastic Action Partnership (GPAP) to enable businesses, communities and governments to redesign their waste management systems to create a circular model.