PepsiCo said it plans to make all of its packaging recyclable, compostable or biodegradable and use 25% recycled plastic in its all of its packaging by 2025. According to data from Euromonitor International, 480 billion plastic bottles were sold in 2016, with less than half collected for recycling and only 7% converted into new bottles. The company's announcement comes as retailers look to change their packaging methods to greener practices. "We are doing our part to address the issue head on by reducing, recycling and reinventing our packaging to make it more sustainable, and we won't stop until we live in a world where plastics are renewed and reused."
"Tackling plastic waste is one of my top priorities and I take this challenge personally," PepsiCo chairman and CEO Ramon Laguarta said in a statement. The company predicts the move will eliminate more than 8,000 metric tons of new plastic and about 11,000 metric tons of greenhouse gas emissions. PepsiCo said the changes will all go into effect in 2020. Not only will the company begin selling canned water alongside its bottled Aquafina at some locations, but the food and beverage retailer also said its LIFEWTR brand will be packaged in 100% recycled plastic and that its bubly sparkling water will no longer be available in plastic bottles. Earlier this month, the makers of Vita Coco launched its canned water Ever & Ever as an easily-recyclable option for consumers.īut PepsiCo isn't stopping at aluminum packaging. Though canned water is a relatively new trend in retail, PepsiCo isn't the first company to step into the market.
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