Thursday, 23 September 2021 10:55 GMT

PepsiCo to slash plastic use in sustainability push

(MENAFN- NewsIn.Asia) Sept 15 (Reuters) – According to a Greenpeace report, Coca-Cola generates over 100 billion bottles of single-use plastic annually, while PepsiCo uses 2.3 million metric tonnes of plastic over the same period.

PepsiCo’s ambitious plan to scale its SodaStream sparkling-water business globally could, if successful, help reduce the usage of more than 200 billion plastic bottles by 2030, Chief Executive Ramon Laguarta told Reuters in an interview.

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SodaStream, acquired by PepsiCo in 2018, makes machines and refillable cylinders that let users make their own soda or carbonated water drinks at home.

The brand, currently in 40 countries, will bring new flavors into 23 more markets, and will also introduce its new SodaStream Professional platform aimed at businesses in 10 additional markets by 2022, the company said in a statement.

“While recycled plastic is part of the solution, we are creating a whole new model with SodaStream, which is essential to our growth strategy in beverages,” Laguarta said.

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