Why it matters
Our Open Innovation platform helps us to identify and explore novel technologies, business models and partnerships that have the potential to increase the sustainability, efficiency and health of our convenient foods and beverage portfolio.
To the World:
By exploring promising partnerships and solutions, PepsiCo hopes to make significant strides toward our goal of building a more sustainable food system and fundamentally changing the way the world produces, distributes, consumes and disposes of foods and beverages.
PepsiCo’s External Innovation (XI) team, part of the company’s Global Research & Development (R&D) organization, actively scouts, identifies and develops strategic partnerships with external collaborators. The goal is to locate key external insights, business models, technical unlocks, and new capabilities that, when partnered with our robust R&D expertise, will yield disruptive innovation in our core products and create new and emerging products. We are currently exploring novel technologies that have the potential to dramatically impact our convenient foods and beverage portfolio. We are interested in improving all facets of our value chain — from raw material inputs all the way to the consumer experience — and identifying global efficiencies in areas including crop science, ingredients, processing, packaging, equipment, distribution/fleet, retail, and eCommerce. Some examples of partnerships forged from the work done by XI are:
- Our partnership with Danimer Scientific (NYSE: DNMR), which has led to promising research and testing of 100% industrially compostable thin-film plant-based packaging for snack products. We expect insights gained from this research to help us further develop packaging that will compost or biodegrade under a wide range of conditions.
- Our membership in the NaturALL Bottle Alliance, a research consortium started in 2017 to develop bio-based packaging made with 100% sustainable and renewable resources. By using biomass feedstocks, such as previously used cardboard and sawdust, the packaging does not divert resources or land from food production for human or animal consumption and reduces the packaging carbon footprint. Bringing together the expertise and resources of major industry players is expected to make 100% renewable and recyclable PET (polyethylene terephthalate) plastic at commercial scale a reality.
PepsiCo’s Open Innovation Portal allows potential partners to submit proposals for novel technology solutions against current needs presented by our R&D teams. To view PepsiCo’s current needs, please click here.
PepsiCo R&D is committed to being at the forefront of innovation, which is why we created the Open Innovation Portal to be a central hub for R&D's external innovation efforts. By unlocking new capabilities and leveraging the value of external partnerships, the portal allows the R&D organization to become Faster, Stronger and Better and deliver breakthrough innovation for PepsiCo.
Executive Vice President and Chief Science Officer at PepsiCo
July 20, 2022