News on Chips and Snacks from New York

December 18, 2023

CD&R to Acquire Shearer's Foods from Ontario Teachers' Pension Plan Board

Clayton Dubilier & Rice has announced that it has entered into a definitive agreement for funds it manages to acquire Shearer's Foods

November 27, 2023

PepsiCo Announces Agriculture Accelerator Projects to Support Farmer Livelihoods, Scale Sustainable Innovation and Accelerate Regenerative Agriculture Across the Globe

PepsiCo recently announced the third year of its global agriculture program, the Positive Agriculture Outcomes (PAO) Accelerator, by backing eight new innovation projects across nine countries.

November 26, 2023

PepsiCo sets goals to further reduce sodium and deliver more diverse ingredients in convenient foods portfolio

PepsiCo, Inc. unveiled new nutrition goals under its strategic transformation, PepsiCo Positive (pep+). The objectives focus on reducing sodium and enhancing nutritional value in consumer-preferred foods.

November 14, 2023

PepsiCo Names Emerging Snack Startup CHUZA as Winner of the 2023 Greenhouse Accelerator: Juntos Crecemos Edition

PepsiCo announced Mexican-inspired snack company, CHUZA as the winner of the eighth class of the Greenhouse Accelerator.

PepsiCo and Walmart Aim to Support Regenerative Agriculture Across More than 2 Million Acres of Farmland

July 27, 2023

PepsiCo and Walmart to Support Regenerative Agriculture

PepsiCo and Walmart today announced a 7-year collaboration to pursue USD 120 million worth of investments focused on supporting U.S. and Canadian farmers in their pursuit to improve soil health and water quality.

July 06, 2023

PepsiCo collaborates with Stanford Institute for Human-Centered Artificial Intelligence to shape responsible AI standards

PepsiCo, Inc. announced a collaboration with the Stanford Institute for Human-Centered Artificial Intelligence, an organization dedicated to guiding and building the future of artificial intelligence.

June 29, 2023

Pepsico 2022 ESG summary: progress toward PEP+ Goals

PepsiCo, Inc. (NASDAQ:PEP) published its 2022 Environmental, Social, and Governance (ESG) Summary, sharing the first full year of reporting since the launch of PepsiCo Positive (pep+) in 2021.

August 18, 2022

Beech-Nut Launches New Veggie-Forward Crispeas Snack

Beech-Nut® Nutrition Company, an award-winning baby and toddler food manufacturer, is reimagining a classic veggie that has been a staple in pureed baby food for decades.

July 21, 2022

PepsiCo issues new USD 1.25 billion 10-year green bonds as the company accelerates pep+ transformation

The Company will use an amount equivalent to the net proceeds from the offering to fund Eligible Green Projects which will focus on its pep+ (PepsiCo Positive) agenda – the Company's strategic, end-to-end transformation

March 30, 2022

PepsiCo and Schneider Electric Accelerate Adoption of Renewable Electricity Among Value Chain Partners

Together with Schneider Electric, the leading global consultant on corporate renewable purchasing, PepsiCo announces pep+ REnew – one of the first collaborations of its kind, and first in the food and beverage industry

October 27, 2021

PepsiCo Accelerates Digitalization with Launch of Digital Hubs in North America and Europe

PepsiCo, Inc. announced the establishment of the company's first two Digital Hubs in North America and Europe, with plans to expand to more locations in the future. Hubs to centralize skills, development, and delivery of emerging digital capabilities, such as AI, machine learning...

October 05, 2021

PepsiCo Reports Third-Quarter 2021 Results; Raises Full-Year Guidance

PepsiCo, Inc. (NASDAQ: PEP) reported results for the third quarter of 2021.

PepsiCo Announces Net Water Positive Commitment

PepsiCo, Inc. (NASDAQ:PEP) announced its ambition to become "Net Water Positive" by 2030, aiming to replenish more water than the company uses.

July 28, 2021

RIND® to Shake up the Snack Aisle with the Launch of Crispy Fruit Chips

It's crunch time! On the heels of a $6.1 million raise announced last month, RIND Snacks®, makers of functional and sustainable fruit snacks, is giving consumers an exciting, new, and innovative way to enjoy their daily dose of fruit.

PepsiCo Announces 2030 Goal to Scale Regenerative Farming Practices Across 7 Million Acres, Equivalent to Entire Agricultural Footprint

April 20, 2021

PepsiCo to Move to Regenerative Farming Practices for all its ingredients

Pepsico's Efforts are Estimated to Reduce At Least 3 Million Tons of Greenhouse Gas Emissions by the End of the Decade. PepsiCo's 'Positive Agriculture' Ambition Additionally Targets to Improve Livelihoods of Those in its Agricultural Supply Chain, and Sustainably Source 100% of its Key Ingredients.

January 30, 2021

PepsiCo and Beyond Meat® Establish JV to develop Plant-Based Protein Foods: The PLANeT Partnership, LLC

Partnership advances PepsiCo's commitments to expand its portfolio of positive choices for consumers and for the planet. The venture will allow Beyond Meat to reach more consumers by entering new product categories and distribution channels.

January 24, 2021

Frito-Lay Issues Voluntary Allergy Alert on Undeclared Milk in Small Number of Ruffles Original Potato Chips

Frito-Lay issued a voluntary recall of a small number of 13 1/2 oz. “Party Size” bags of Ruffles Original Potato Chips because they may contain undeclared milk ingredients.

January 14, 2021

PepsiCo Doubles Down on Climate Goal and Pledges Net-Zero Emissions by 2040

Pepsico announced it will accelerate its efforts to build a more resilient and sustainable food system, reducing GHG emissions by more than 40% by 2030. In 2020 the company achieved its objective to use 100% renewable electricity in the United States and plans to do the same in Mexico and Australia by the end of 2021

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