Our sustainable packaging vision sets out PepsiCo’s global framework for building a world in which plastics need never become waste. PepsiCo recognizes that each country is different when it comes to addressing the challenge of plastics waste. The right solutions depend on several factors including the packaging types used, the waste management infrastructure and processes that are in place, government policy and regulation and consumer and retail behaviours. Around the world, PepsiCo teams are developing the partnerships and tailored plans we believe are necessary to implement this vision in each major market in which we operate. We will continue to work to achieve our sustainable packaging vision and expect to make further announcements of new initiatives aimed to enable us to Reduce, Recycle and Reinvent our packaging going forward.