PepsiCo Inc., Purchase, N.Y., released its 2020 Green Bond Report, which provides an update on the allocation of the use of net proceeds from its first Green Bond, issued in October 2019 for $1 billion. As disclosed at issuance, the Green Bond's net proceeds are to be allocated to investments where PepsiCo believes it can make a lasting impact on priorities within its sustainability agenda, including packaging, decarbonization and water, while advancing several of the UN's Sustainable Development Goals.

PepsiCo Inc., Purchase, N.Y., has priced the company's first ever Green Bond. The net proceeds from the $1 billion Green Bond offering will fund a series of key initiatives to advance PepsiCo's sustainability agenda, it says. The company also announced that it has named PepsiCo leader Simon Lowden as its first chief sustainability officer. In this new role, effective immediately, Lowden will be responsible for leading PepsiCo's Sustainability Office, including the Global Sustainable Plastics team and Global Sustainable Operations team.

Craft Brew Alliance Inc. (CBA), Portland, Ore., published its sixth Annual Sustainability Report, which highlights the company’s 2018 accomplishments in environmental and community stewardship and ongoing commitment to brewing and packaging its beers in the most sustainable way possible. For this year’s report, CBA is incorporating certain metrics using standards set forth by the Sustainability Accounting Standards Board (SASB), an independent organization that facilitates communication between companies and investors on the financial impacts of sustainability.

To promote responsible water stewardship and sustainability, the bottled water industry has released a water-use best practices guidance document.