• Foodbank is one of 17 members forming the new Stop Food Waste Australia body
    Foodbank is one of 17 members forming the new Stop Food Waste Australia body
Close×

PepsiCo Australia has donated $480,000 to Foodbank Australia, as well as pledging $72 million globally, to help those facing food insecurity as a result of the COVID-19 pandemic.

Foodbank Australia has experienced a 50 per cent increase in the number of people needing support over the past month during the coronavirus crisis, as more people seek food resources and meals.

Foodbank Australia CEO Brianna Casey said the organisation has had an increase in demand for its services, jumping from 815,000 people per month in a “normal” period, to more than 1.2 million.

“Foodbank needs to scale up urgently to respond to the unprecedented increase in the number of food insecure Australians and help them for as long as they may need it,” said Casey.

“We are incredibly grateful to our long-standing partner, PepsiCo, for the generous donation that will help us meet this growing demand and enable us to provide almost one million nutritious meals to individuals and families in-need across the country.”

PepsiCo Australia has also donated $100,000 worth of its products to frontline healthcare workers, as well as NZ$330,000 to the New Zealand Salvation Army Foodbank.

The company is also encouraging its employees to donate to The COVID Double Matching Gift Program, which will see the PepsiCo Foundation double match employee donations, (up to $2 million) to selected organisations to provide further support to those communities impacted by COVID -19.

Packaging News

The merger between packaging giants Amcor and Berry is now complete, with the all-scrip deal creating a company with some 400 packaging plants, and 75,000 staff, located in 140 countries.

Pact Group is facing softening demand in Q4, citing Donald Trump’s tariffs, the ongoing domestic cost of living pressures, and supply chain disruption with shipping container supply tightening.

Raphael Geminder is following through on his stated intention to delist Pact Group in light of his failed takeover of the company, and has set 16 July as the date he wants it off the ASX.