The update underscores PepsiCo’s commitment to building a more sustainable food system while supporting farmers and reducing environmental impacts across its global operations.
The deal expands Olam Agri’s grain sourcing and farming business in Ukraine while marking another step in its growth under SALIC ownership.
The company reported record sales volumes and stronger revenues in its first annual report as an independent business while continuing to expand its global footprint.
The five year plan aims to create more than two million jobs, raise farm incomes and increase investment in Kenya’s food system.
The move gives Moroccan fertilizer exporters short term relief while the U.S. reviews its trade measures.