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Alastair Child, Mars ChiefSustainabilityOfficer, said: “We’re firmly committed not just to targets in a distant future but to delivering progress now. In order to do this, societal impact goals have to be built into business decision making.
Launched in 2018 by AB InBev, the 100+ Accelerator was created to rapidly pilot and scale solutions in areas such as regenerative agriculture, circular packaging, and energy efficiency. Recent innovations from the program include: Smallholder support platforms that enhance agricultural sustainability and farmer livelihoods.
The same week that PepsiCo announced its new ambition, the company’s foundation extended the terms of its 14-year-long relationship with the Inter-American Development Bank — with initiatives including a fund meant to promote the inclusion of women in regenerative, sustainable agricultural models in Latin America.
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