PEP · News · 20260916N

ESG and Sustainability

PEPSICO INC · 2026-09-16 · Importance 43 · Surprise 42

PepsiCo has joined Nestlé, Colgate-Palmolive, Mars, Procter & Gamble, and Unilever in the PaperFlex Consortium. Convened by the Ellen MacArthur Foundation, the consortium is pursuing paper-based alternatives to flexible plastic packaging. The initiative targets recyclable and biodegradable solutions for markets lacking robust collection and recycling systems. Its work addresses performance, scale, and cost barriers in paper packaging, but no investment amount or implementation timetable was reported.

Key facts

• Nestlé and PepsiCo have partnered with four other FMCG companies to form the PaperFlex Consortium. source
• The PaperFlex Consortium aims to accelerate the development of paper-based alternatives to flexible plastic packaging. source
• The consortium will focus on creating recyclable and biodegradable solutions for markets lacking robust collection and recycling systems. source