PepsiCo, Walmart Partner to Promote Recycling
In April 2014, PepsiCo and the PepsiCo Foundation were proud to join Walmart and the Walmart Foundation, along with 15 other leading companies, in announcing plans to launch a recycling initiative called the Closed Loop Fund, which is intended to increase the availability of recycling throughout the U.S. The Fund plans to invest $100 million in recycling infrastructure projects and increase private and public funding to transform the U.S. recycling system.
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About PepsiCo
PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $66 billion in net revenue in 2013, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.
At the heart of PepsiCo is Performance with Purpose – our goal to deliver top-tier financial performance while creating sustainable growth in shareholder value. In practice, Performance with Purpose means providing a wide range of foods and beverages from treats to healthy eats; finding innovative ways to minimize our impact on the environment and reduce our operating costs; providing a safe and inclusive workplace for our employees globally; and respecting, supporting and investing in the local communities where we operate. For more information, visit www.pepsico.com.
