PEP News & Events

PepsiCo announced a new collaboration with agriculture technology company, TalusAg, that aims to advance fertilizer decarbonization across global agricultural supply chains through low-carbon ammonia environmental attributes, marking PepsiCo's first executed transactions of this kind. The initial agreements span PepsiCo's Europe, Sub Saharan Africa, Asia Pacific, and global teams, representing approximately 30,000 metric tons of low-carbon ammonia, with an option to purchase an additional 41,000 metric tons. The broader collaboration also extends to the U.S. and the proposed Blue Earth, Minnesota project. In addition to reducing emissions, TalusAg's distributed production model helps strengthen the resilience of fertilizer supply chains by enabling local, on-site generation of ammonia closer to where it is used. The collaboration also reflects continued joint advocacy for credible, low-cost environmental attribute markets to help accelerate fertilizer decarbonization globally.

PepsiCo (PEP), Givaudan (GVDNY), Smurfit WestRock (SW) and Statkraft have announced a 10-year Virtual Power Purchase Agreement, or VPPA, with an underlying wind asset in Spain which is undergoing repowering. Under the pep+ REnew program, PepsiCo worked with SE Advisory Services, Schneider Electric's global consulting practice, to structure and deliver its second supply-chain VPPA cohort under the pep+ REnew program. SE Advisory Services helped aggregate load across PepsiCo, Givaudan, and Smurfit WestRock. Launched in 2022, pep+ REnew has grown into a global platform supporting over 250 companies across North America, Latin America, Europe, and APAC. This VPPA represents the program's second completed cohort and the first renewable electricity cohort in Europe. The renewable electricity generated through this agreement is expected to contribute to an estimated 32,000 metric tons of CO2 emissions reductions per year. By aggregating demand, the parties were able to secure favorable commercial terms and gain access to long-term renewable energy opportunities typically available only to large buyers.

PepsiCo (PEP) announced a strategic, multi-year collaboration with Google Cloud (GOOG) to strengthen its digital foundation and leverage Gemini Enterprise Agent Platform to help teams move from insight to action more quickly and consistently at scale. PepsiCo is working with Google Cloud to transform its existing IT technology ecosystem and advance the company's multi-cloud strategy. This partnership provides PepsiCo the flexibility to leverage the best available AI technology to address complex business challenges, such as supply chain management and go-to-market execution. By migrating to Google Cloud's secure, global cloud infrastructure, PepsiCo will build new digital capabilities across its global operations.

Guru Organic Energy (GUROF) and its former distributor Pepsi (PEP) are involved in mutual breach-of-contract lawsuits in Ontario's Superior Court, with both sides alleging violations of their distribution agreement, Roth Capital tells investors in a research note. Since Pepsi's claims are already reflected in Guru's financials, downside risk appears limited, while a favorable outcome for Guru could provide meaningful upside, though resolution is likely to take several quarters unless a settlement is reached, the firm says. Roth maintains a Buy rating and C$8 price target on the shares.