PepsiCo Labs has identified six start-up companies which could unlock sustainability solutions across its supply chain, and plan to collaborate with more across the year – including a physical and digital tracking system for sorting and recycling waste.
PepsiCo has announced that it will elevate its supply chain in Europe, and collaborate with breakthrough start-up companies to pilot ground-breaking technologies which aim to unlock sustainability solutions.
PepsiCo says that six successful start-ups have been selected through a rigorous outreach programme, which focused on engaging the start-up community to bring emerging technologies to the fore. Over the next year, PepsiCo plans to foster further collaborations, as part of the ongoing project.
PepsiCo Labs was launched to propel PepsiCo into the future.
PepsiCo Labs is the technology venturing arm of PepsiCo, which functions to identify and collaborate with breakthrough start-up companies to drive business growth and efficiency. To date, PepsiCo Labs says it has scaled 30 start-ups across over 200 countries.
Examples of the start-ups include a physical and digital tracking system for sorting and recycling waste, a bio-based thermoplastic converted entirely from household waste – including unrecyclable plastics and all organics, and an AI-based failure detection technology for production factories.
The pilots will be taking place across Europe, in locations including Turkey, Belgium and Portugal, with trials focusing on sustainable cleaning and hygiene technology, recycling, security matters, water recovery, and efficiency and automation.
We aspire to lead in tech innovations by integrating start-up solutions on a global scale.
Once the results of the trials have been analysed, PepsiCo aims to scale the successful technologies across the supply chain during 2023 and beyond.
Chief Sustainability Officer at PepsiCo Europe, Katharina Stenholm, said: “We recognise that we have a responsibility to use our resources efficiently and reduce our overall emissions, but we can’t do it alone. By embracing smart collaborations through PepsiCo Labs, we can unlock breakthrough solutions, and play our part in scaling technology innovations.
“It’s part of our commitment to solving sustainability challenges across our supply chain, and progressing PepsiCo Positive.”
VP, PepsiCo Labs, David Schwartz, said: “PepsiCo Labs was launched to propel PepsiCo into the future. We aspire to lead in tech innovations by integrating start-up solutions on a global scale.
“It is a privilege to collaborate with six exciting, innovative start-ups, as they pilot ground-breaking technologies and develop new solutions that aim to solve the sustainability challenges the world faces.”