PepsiCo's Trading Volume Surges 74.43% Ranking 34th in Market
On May 27, 2025, PepsiCo's trading volume reached 18.27 billion, marking a 74.43% increase from the previous day, ranking 34th in the day's stock market. PepsiCo's stock price rose by 1.57%.
PepsiCo has adjusted its 2030 packaging targets due to external challenges, shifting its goal from a 20% reduction in virgin plastic to a 2% annual decrease. The company's PepsiCoPEP-- Positive (pep+) initiative, launched in 2021, has made progress in sustainable packaging and climate change efforts while considering external realities and business growth.
PepsiCo has revised its packaging, climate, agriculture, and water goals to build a more resilient business. The company initially aimed for a 20% reduction in virgin plastic by 2030 but has only achieved a 1% reduction so far. It has now switched to an average annual reduction of 2% by 2030. Additionally, PepsiCo has removed biodegradability from its sustainable design goals, aiming for at least 97% reusable, recyclable, or compostable packaging by 2030.
The company has also downscaled its recycled content target for plastic packaging from 50% by 2030 to at least 40% by 2035, focusing solely on primary packaging in key markets. PepsiCo acknowledges external factors such as China's ban on recycled PET in food-grade packaging and India's decision to permit rPET in beverage packaging in 2023 and food packaging in 2025. The company emphasizes its commitment to transparency and adapting to external limitations while focusing on areas where it can have the most positive impact.
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