PepsiCo CEO Ramon Laguarta and Coca-Cola CEO James Quincey discussed how their companies are reducing plastic waste during a World Economic Forum panel. Coke and Pepsi are both working on plastic alternatives and ways to increase recycling. Panelists did not agree on the use of biodegradable alternatives and whether consumers really care about the problem. […]

In 2010, Pepsi set a goal: The company wanted to help raise the recycling rate for drink containers in the U.S. from around 38% to 50%. The company and PepsiCo Foundation spent $55 million on recycling efforts, from the Dream Machine–a kiosk that with rewards for recycled bottles–to support for the Closed Loop Fund, which […]