It has been approximately one year since PepsiCo’s $1 billion Green Bond release. The company recently shared details on how some of the bond’s net proceeds support their sustainability goals. PepsiCo leveraged $200 million to purchase more recycled (rPET) plastic for their beverage packaging, accelerating their commitment around using more recycled content and reducing use of virgin plastic for beverage bottles. And that is just the beginning.
PepsiCo Recaps $1 Billion Green Bond Activity