- PepsiCo Australia has partnered with the Cool Soil Initiative bringing canola to the program for the first time
- PepsiCo uses Australian canola oil to make its major snack brands, including Smith’s and Doritos
- The Cool Soil Initiative is a paddock-to-product partnership that supports farmers improve soil health and reduce greenhouse gas emissions on-farm
Sydney, AUSTRALIA, 21 MARCH 2023: PepsiCo ANZ, has today announced that it is partnering with the Cool Soil Initiative, bringing canola to the greenhouse gas (GHG) reduction program for the first time.
The Cool Soil Initiative is a paddock to product partnership, working with grain growers through regional farming systems to test and validate management practices which can mitigate on-farm GHG emissions, to support the ongoing sustainability, productivity and profitability of farming enterprises. The announcement extends the reach of the project, which currently works with more than 180 wheat and grain farmers in regional farming systems groups, with support from Mars Petcare, Kellogg, Manildra Group, Allied Pinnacle, Corson, Charles Sturt University and the Food Agility CRC.
PepsiCo sources more than 7,000 tonnes of Australian canola oil annually to make its major snack brands such as Smith’s and Doritos. The majority of the canola used by PepsiCo is sourced from regions where the Cool Soils Initiative is active.
Joining the partnership will enable PepsiCo to contribute to supporting farmers in future-proofing their farming systems, while ensuring that PepsiCo can continue to source sustainably-produced canola from these regions into the future. The farmer-focused approach of the Cool Soil Initiative also clearly aligns with PepsiCo Positive, an initiative that guides the business on how to inspire positive change for the planet and people.
Brent Gapes, Sustainability Manager, ANZ at PepsiCo, said: “As one of Australia’s largest snack manufacturers we recognise we have a real responsibility to invest in improving the sustainability of our supply chain. Bringing canola into the Cool Soil Initiative is another first for us on this journey – delivering real benefits to our customers, partners, consumers and the industry at large.”
Dr Cassandra Schefe, Project Lead for the Cool Soil Initiative further supports this approach. “The only way we are going to provide clear alignment and mutual benefit for farmers and supply chain partners is if we work together in a pre-competitive collaboration for common sustainability outcomes. The support of PepsiCo enables further expansion of impact of the Cool Soil Initiative, while validating our farmer-focused, whole of industry approach.”
MEDIA CONTACTS
Clare Forster
FleishmanHillard for PepsiCo
Ph: +61 452 071 689
Email: clare.forster@fleishman.com.au
Hayley Lane
FleishmanHillard for PepsiCo
Ph: +61 416 388 154
Email: hayley.lane@fleishman.com.au
About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the centre of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on Twitter, Instagram, Facebook, and LinkedIn @PepsiCo.