Thursday, May 30, 2024

PepsiCo announces finalists of inaugural sustainability program

PepsiCo has announced the 10 startup finalists for its inaugural APAC Greenhouse Accelerator Program, with Australian technology startup Adiona selected to participate in the accelerator program.

In March, PepsiCo launched an open call to startups across the Asia-Pacific region, seeking innovative solutions for sustainable packaging and climate reduction.

The finalists were selected by a committee of leaders within PepsiCo based on their ability to deliver innovative solutions that effectively mitigate climate impact.

The finalists include three representatives from the ANZ region including:

  • Adiona (Australia) who has developed unique technology allowing transporters to adopt electric vehicles faster by identifying opportunities for electrification and creating simulations and network designs for more sustainable delivery methods.
  • Turn Systems Corporation (New Zealand) who uses smart technology to rid the planet of single-use plastics.
  • Aspiring Materials (NZ) who plans to shift the packaging, construction, and agriculture industries to use carbon-free rocks.

“We’re proud to see both Australia and NZ represented in the finalists of the Greenhouse Accelerator Program, representing a strong commitment to innovation and sustainability in the ANZ region,” says PepsiCo ANZ National EHS & Sustainability Manager Brent Gapes.

“Their innovative ideas and commitment to sustainability align with our pep+ (PepsiCo Positive) vision of creating a more resilient and environmentally conscious future for all.

“PepsiCo is committed to collaborating with Turn Systems Corporation, Aspiring Materials and Adiona to drive sustainable outcomes in the region by fostering solutions that create real change in their industries.”

The startups will receive “valuable” support during the four-month business optimisation program designed to accelerate their growth including USD$20,000 in grants, personalised mentorship from experts across different functions areas within PepsiCo and access to their expertise.

At the end of the program, one standout startup will be awarded an additional USD$100,000 and the opportunity to continue partnering with PepsiCo on future projects.

The 10 companies selected for the inaugural PepsiCo APAC Greenhouse Accelerator Program are:

  • Remakehub (China)
  • Muuse (Singapore)
  • Green2Get (Thailand)
  • HRK Group (Vietnam)
  • Turn Systems Corporation (NZ)
  • Adiona (Australia)
  • Aspiring Materials (NZ)
  • MEDS Venture Global (Singapore)
  • Enwise (China)
  • Powered Carbon (China)

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