Instagram Outage Disrupts Thousands of U.S. Users 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
PepsiCo is one of the latest companies to be venturing into the plant-based business. It was reported that it will be releasing vegan snacks and beverages in partnership with Beyond Meat and these will be available early next year.
Ramon Laguarta, PepsiCo’s chairman and chief executive officer, told CNBC via an interview with Sara Eisen, that its upcoming plant-based products are only the beginning of what he thinks is going to be a game-changing joint venture with Beyond Meat.
In January of this year, PepsiCo and the alternative meat manufacturer announced their joint venture that they named the “The PLANeT Partnership.” The collaboration gives Beyond Meat a big opportunity to leverage PepsiCo’s production and marketing knowledge for new products.
On the other hand, for the Harrison, New York-headquartered food company, it can grow its investment in plant-based business which is currently a fast-developing biz as companies race to reach their goals for sustainability and provide healthier food options.
Now, on Wednesday, Sept. 15, PepsiCo unveiled the “Pep+,” a new initiative that was designed to bring changes in the company’s operations, with sustainability as the main consideration. The firm said that to achieve the changes and be an eco-friendly business, one of its goals is to cut on the use of plastics. It will also start using more diverse ingredients such as plant-based whole grains and proteins for its snacks like potato chips.
"pep+ is the future of our company – a fundamental transformation of what we do and how we do it to create growth and shared value with sustainability and human capital at the center. It reflects a new business reality, where consumers are becoming more interested in the future of the planet and society," Laguarta said in a press release. "pep+ will change our brands and how they win in the market.”
Finally, PepsiCo is also making these changes to help alleviate climate change. Environmental groups want big companies to do more as the world is on the verge of major disasters. With this, PepsiCo is answering the call through its pep+ initiative and foray into plant-based food production in partnership with Beyond Meat.
