pep+ Partners for Tomorrow brings together PepsiCo's broad sustainability capabilities into one platform to offer customers customizable suite of solutions
PURCHASE, N.Y., April 12, 2023 /PRNewswire/ -- Today, PepsiCo announced pep+ Partners for Tomorrow, a new platform that delivers solutions that aim to support its customers in achieving their sustainability goals. With the launch of Partners for Tomorrow, PepsiCo is proud to continue to assist and support customers as they look for custom solutions to achieve their own sustainability goals. The initial launch will focus on U.S. customers with plans to expand the program to key global markets by 2024.
Partners for Tomorrow will bring PepsiCo's comprehensive customer sustainability offerings under a single platform to deliver the critical solutions most needed by the company's partners and will work directly with them to implement the initiatives. These programs are in line with pep+ (PepsiCo Positive), a strategic end-to-end business transformation designed to drive long-term sustainable business performance and value, with sustainability and human capital at the center.
At launch, Partners for Tomorrow programs include:
"PepsiCo has a long history of working together with our partners to advance shared sustainability goals. The Partners for Tomorrow platform aims to scale those solutions to foster the most effective partnerships and longstanding impact," said Todd Squarek, Senior Vice President, Chief Sustainability Officer for PepsiCo Beverages North America. "With this platform we're leveraging the shared scale of PepsiCo's and our customers' businesses to maximize impact, drive progress toward our pep+ goals, and benefit both our businesses, the planet and the communities we serve."
Partners for Tomorrow is PepsiCo's latest offering that complements a suite of best-in-class customer capabilities ranging from product innovation to insights.
"At PepsiCo and Frito-Lay, our retail customers are true partners, including when it comes to addressing the impacts of climate change," said Cara Keating, Chief Customer Officer, Frito-Lay North America (FLNA). "Through the launch of the Partners for Tomorrow platform and its robust portfolio of solutions, we are taking an important step forward in how we collaborate with our customers to progress toward critical sustainability goals, meet consumer demands, and, ultimately, drive commercial value together."
Partners for Tomorrow is one of the many ways that PepsiCo is working to drive progress toward its multiple pep+ sustainability goals, while at the same time helping customers achieve their goals.
PepsiCo's pep+ climate strategy focuses on everything in its supply chain, including manufacturing, agriculture, packaging, transportation, vending and cooling equipment and is an example of how PepsiCo's pep+ strategy can also help its customers achieve their sustainability goals. The work to improve PepsiCo's end-to-end supply chain aims to help drive progress toward the pep+ goals to achieve net-zero emissions across PepsiCo's value chain by 2040—one decade earlier than called for in the Paris Agreement and also help its customers to see progress toward achieving their Scope 3 emissions reduction goals.
Some of PepsiCo's key projects designed to drive progress against the company's pep+ ambitions for climate, packaging and agriculture include:
To learn more about Partners for Tomorrow please visit www.partnersfortomorrow.com and to learn more about PepsiCo's sustainability goals and progress visit https://www.pepsico.com/our-impact/sustainability/2021-esg-summary/goals-progress.
About PepsiCo
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 $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on Twitter, Instagram, Facebook, and LinkedIn @PepsiCo.
Cautionary Statement
Statements in this release that are "forward-looking statements" are based on currently available information, operating plans and projections about future events and trends. Terminology such as "aim," "anticipate," "believe," "drive," "estimate," "expect," "expressed confidence," "forecast," "future," "goal," "guidance," "intend," "may," "objective," "outlook," "plan," "position," "potential," "project," "seek," "should," "strategy," "target," "will" or similar statements or variations of such words and other similar expressions are intended to identify forward looking statements, although not all forward-looking statements contain such terms. Forward-looking statements inherently involve risks and uncertainties that could cause PepsiCo's actual results to differ materially from those predicted in such forward-looking statements. Such risks and uncertainties include but are not limited to: damage to PepsiCo's reputation or brand image; water scarcity; disruption of PepsiCo's manufacturing operations or supply chain, including increased commodity, packaging, transportation, labor and other input costs; climate change or measures to address climate change; failure to comply with applicable laws and regulations; and potential liabilities and costs from litigation, claims, legal or regulatory proceedings, inquiries or investigations.
For additional information on these and other factors that could cause PepsiCo's actual results to materially differ from those set forth herein, please see PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Media Contact:
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