PepsiCo advances regenerative agriculture with VivaOliva program
Key Questions
What is PepsiCo's VivaOliva program?
VivaOliva is PepsiCo's regenerative agriculture initiative in Spain focused on olive farmers. It supports sustainable practices to enhance supply chain resilience amid geopolitical and North American risks.
What GHG reduction achievements and goals are associated with Alvalle gazpacho?
Alvalle gazpacho has achieved 1.6 million tons of GHG cuts by 2024. PepsiCo aims to expand regenerative agriculture to 10 million acres by 2030.
What is the pep+ REnew renewable energy agreement?
Pep+ REnew is a 10-year Spanish wind Virtual Power Purchase Agreement (VPPA) that cuts 32,000 tons of CO2 per year. It marks the first European cohort for value chain decarbonization.
Who are the partners in PepsiCo's 10-year renewable energy VPPA?
Partners include Givaudan, Smurfit Westrock, and Statkraft. The agreement advances decarbonization across Europe through renewable wind energy.
What human rights scrutiny has PepsiCo faced recently?
Friends Fiduciary issued a report on human rights, leading to a shareholder proposal vote on May 6. This has reshaped investor focus alongside PepsiCo's renewable deals.
VivaOliva regen ag Spain for olive farmers/Alvalle gazpacho: GHG cuts 1.6M tons '24, 10M acre '30 goal; pep+ REnew 10-yr Spanish wind VPPA w/Givaudan/Smurfit Westrock/Statkraft (32k tons CO2/yr cut), first Europe cohort; Friends Fiduciary human rights scrutiny/report/proposal vote May 6. Fits ESG/supply resilience vs geopol/NA risks/GLP-1 Siete.