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PepsiCo signs MoU to conduct trials on recycled plastic bottles

PepsiCo and its partner Novatex Limited signed a Memorandum of Understanding (MoU) to conduct test trials for the first-of-its-kind bottle made from recycled plastics at the Pakistan Pavilion, Expo 2020 Dubai. The MoU was signed in the presence of the Special Assistant to the Prime Minister of Pakistan on Climate Change Mr. Malik Amin Aslam. This initiative is an extension of the existing collaboration between PepsiCo and Novatex Limited whereby over 5,000 tons of plastics was collected and recycled earlier. Going forward the companies will work together on significantly scaling up the collection of used plastic bottles and commercializing the use of bottles made from recycled plastics. This pioneering initiative will pave a way for true plastics recycling, sustainable packaging, and reduced carbon footprint in Pakistan.

Speaking on the occasion, the Special Assistant to the Prime Minister of Pakistan on Climate Change Mr. Malik Amin Aslam commented, “This is really a remarkable feat by PepsiCo and Novatex Limited for complementing recycling efforts in Pakistan”.

On the same day, PepsiCo Pakistan hosted an insightful dialogue titled ‘Public – Private Sector Collaboration to Promote a Clean and Green Pakistan’ with the Special Assistant to the Prime Minister of Pakistan on Climate Change Mr. Malik Amin Aslam at the Pakistan Pavilion, Expo 2020 Dubai. The dialogue focused on fostering greater collaboration between the government authorities and corporates as well as broadening citizen civic engagement to advance Prime Minister Imran Khan’s vision for tackling climate change and enhancing environmental stability in Pakistan.

Recently, PepsiCo Pakistan launched several meaningful programs to drive a circular economy and move towards its vision of a world where plastics need never becomes waste. Earlier in the year, PepsiCo launched one of the country’s largest plastic waste collection programs. PepsiCo is also offering consumers a convenient method to recycle plastic bottles. The company launched the first Reverse Vending Machine in Islamabad whereby consumers can avail discounts for food outlets in exchange for used plastic bottles. PepsiCo also launched a ‘direct-from-home’ collection in the twin cities of Islamabad and Rawalpindi whereby consumers are given free bulk water refills in exchange for used plastic bottles of all shapes and sizes.

Further, PepsiCo recently announced PepsiCo Positive (pep+), a strategic end-to-end transformation, with sustainability at the center of how the company will create growth and value by operating within planetary boundaries and inspiring positive change for the planet and people. As part of pep+, PepsiCo has set new 2030 packaging goals to cut virgin plastic per serving by 50% across its food and beverage portfolio and to use 50% recycled content in its plastic packaging.

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