Pep+ REnew creates greater access to large-scale renewable electricity to accelerate emissions reductions goals, helping build a stronger, more sustainable future for all. As the first program in the food and beverage industry, pep+ REnew aims to foster collaboration and partnership within PepsiCo’s value chain, providing support and resources to help suppliers, contract manufacturers and franchise bottlers to embark on their decarbonization journey. The program is designed with two goals:
- Educate PepsiCo’s value chain about their renewable electricity choices.
- Help quicken the transition to renewable electricity through aggregate power purchase agreements and other procurement mechanisms.
By creating greater access to large-scale renewable electricity, the initiative aspires to add more renewable electricity capacity to power grids, where able.
-
Education
Educate PepsiCo’s value chain partners about their renewable electricity choices.
-
Accelerating Action
Pep+ REnew creates the unique opportunity for enrolled participants to aggregate electricity demand and gain access to renewable electricity purchasing options that they wouldn’t otherwise have, providing:
- An opportunity to increase scalability, flexibility, and enhance environmental impact
- Potentially more favorable pricing and contract terms than “going it alone”
- A community for sharing best practices and peer learning.
-
Driving Progress Towards pep+
Enrollment is open on an ongoing basis.
Once you have registered you will have access to the portal, where we have on-demand educational content and some live programming.
Group Purchasing Opportunities form on a rolling basis. If you or your company are interested in joining a cohort, signal your interest through the program platform today!
Audience
This program is open to all suppliers, contract manufacturers and bottlers of PepsiCo.
The most likely value chain partners to want to take advantage of this program are those who are interested in purchasing renewable electricity and do not already have tremendous buying power.
Prerequisites
PepsiCo partners who want to take part can register for free at the pep+ REnew site, schedule a call with Schneider Electric to discuss their electricity profile, and access online education resources. Once participants complete the curriculum of curated webinars, they have the opportunity to work with the Schneider Electric team to explore their procurement options.
Using the resources from the program, participants can better understand the landscape of renewable electricity purchasing options. One of the most impactful opportunities through pep+ REnew is no-cost entry-level advisory support to help you determine what mechanisms make the most sense for your business and sustainability goals.
PepsiCo has formed PPA cohorts with its value chain to diversify scope 2 renewable electricity coverage, reduce scope 3 Energy and Industry emissions and help decarbonize the grid.
Contact the
Sustainability Team
Reach out to learn more and determine your customer’s eligibility for the pep+ REnew program.