PURCHASE, N.Y., April 18, 2019 /PRNewswire/ -- PepsiCo Recycling is excited to announce the 27 colleges and universities set to earn funding for campus sustainability initiatives in the 2018-19 school year through the Zero Impact Fund. Among the most unique projects in this year's winning group include entries from Georgia College & State University, UNC Charlotte, Furman University, Centre College, Otterbein University, and Ohio University.
Now in its third year, the Zero Impact Fund (ZIF) allows representatives or employees of eligible colleges or universities to submit proposals to create or strengthen green initiatives on campus. A judging panel then votes on the most impactful projects, with winners receiving up to $10,000 towards making those ideas a reality - shortening the line between concept and action.
After announcing its commitment to expand the program last October, PepsiCo Recycling is doubling the number of grants this year compared to previous years, supporting initiatives to redistribute food waste, produce cleaner energy, improve campus recycling infrastructure and more.
"At PepsiCo, we believe that building a circular economy is the key to a sustainable future," said Tom Mooradian, Manager of Environmental Sustainability. "It's hard to picture on a global scale, but that's what makes ZIF projects so powerful: build a green roof or a circular system for food waste on a college campus, and you see its impact immediately. We're empowering students to bring their visions to life at a local level, and create precedent for sustainable change in wider society."
PepsiCo Recycling is committed to helping colleges and universities pursue projects that will have long-term impacts on their communities, with the ultimate goal of closing the loop between environmental sustainability and economic stability. Many of this year's winning projects tackle this exact issue:
Launched in August 2016, ZIF has gained momentum with each year of the program, enabling PepsiCo Recycling to develop ongoing partnerships with participating colleges and universities. This is the third year in a row that Centre College in Kentucky was recognized by the program, with funds being used to expand a network of solar panels on campus.
For more information on the winning projects and schools, please visit Zero Impact Fund.
*Direct or indirect beverage contract or agreement with PepsiCo is required to be eligible.
About PepsiCo Recycling
The PepsiCo Recycling initiative, introduced on Earth Day 2010, brings innovative recycling solutions to colleges and universities, K-12 schools, gas stations and popular retail locations across North America with the goal of increasing beverage container recycling rates. With programs including college and university container collections and Recycle Rallies – and the help of many strategic partners, students and community members – PepsiCo is on its way to capturing more recyclables and creating a culture of recycling. To learn more, please visit PepsiCoRecycling.com.
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com.
SOURCE PepsiCo Recycling