Scotland will not pursue a ban on sales of energy drinks to children and young people, saying there is not enough evidence the policy would be successful.
Better-for-you energy drink brand Celsius leverages its PepsiCo partnership to reach $1bn in sales while exploring how to bring consumers into the category with unique flavors, CEO John Fieldly shared during the Goldman Sachs Global Staples Forum this week.
PepsiCo is nearing completion of a €127m ($138m) investment at its Little Island manufacturing facility, which will create additional manufacturing capacity and further investment in its R&D campus.
Coca-Cola Europacific Partners (CCEP) has strengthened its commitment to eliminating virgin plastics in its bottles with an investment in scaling up technology to convert hard to recycle polyester into high quality recycled PET (rPET).
Residents in Oakland, California have bought fewer sugary beverages since a local soda tax went into effect, says a study from UC San Francisco. The study also found savings in health care costs and compared them to other public health policies.