PepsiCo-Yara partnership expands to Latin America

This follows a similar agreement signed last July between PepsiCo and Yara in Europe, through which Yara will supply PepsiCo farmers with best-in-class crop nutrition products and advice as well as digital tools for precision farming. 

In its initial phase, Yara will supply PepsiCo with products and services in Latin America, benefitting potato farmers in Mexico, Colombia, Chile, and Argentina.  

“The agreement demonstrates the value of our solutions for decarbonizing agriculture and food production” says Pedro Parenti, SVP Yara Latin America. “With PepsiCo as an ally and leader on this path, we can protect the environment for both present and future generations," he states. 

The products will be mostly Yara Climate Choice™ fertilizers, which include lower-carbon options produced either from renewable ammonia or through carbon capture and storage (CCS). The mix will also include Yara’s conventional premium nitrate-based mineral fertilizers, manufactured using Yara’s proprietary catalyst technology, which significantly lowers their carbon footprint. Depending on the variant, these fertilizers can reduce the carbon footprint per tonne of potato by 20% to 40%. 

"This partnership with PepsiCo is pivotal in our pursuit of Growing a Nature-Positive Food Future,” says Chrystel Monthean, EVP Yara Americas. “By improving fertilizer efficiency and encouraging regenerative farming methods, we are not only cutting emissions but also boosting the sustainability of agricultural production," she explains.  

The collaboration is in line with Yara’s mission to responsibly feed the world and protect the planet, and proves the profitability of value chain collaboration to decarbonize food production While it highlights the shared ambition of both companies to build a more sustainable food system, it will also support farmers with transition costs, facilitating their path towards a more regenerative agricultural model.  

"This collaboration agreement with Yara represents significant progress in our pep+ (PepsiCo Positive) agenda, says Paula Santilli, CEO of PepsiCo Latin America. “We believe that Positive Agriculture – our ambition to support regenerative farming practices, sustainable sourcing, and better living conditions – will be key to meeting the growing demand for food as the global population increases, while addressing the need to protect and improve our natural resources and promote human well-being,” she comments. 

About PepsiCo 

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $91 billion in net revenue in 2023, driven by a complimentary beverage and convenient foods portfolio that includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. 

 Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the centre of how we will create value and growth by operating within planetary boundaries and inspiring positive change for the planet and people. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo. 

About Yara 

Yara's mission is to responsibly feed the world and protect the planet. We pursue a strategy of sustainable value growth through reducing emissions from crop nutrition production and developing low-emission energy solutions. Yara's ambition is focused on growing a nature-positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain. 

To drive the green shift in fertilizer production, shipping, and other energy intensive industries, Yara will produce ammonia with significantly lower emissions. We provide digital tools for precision farming and work closely with partners at all levels of the food value chain to share knowledge and promote more efficient and sustainable solutions. 

Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry's only global crop nutrition company. With 17,000 employees and operations in more than 60 countries, sustainability is an integral part of our business model. In 2024, Yara reported revenues of USD 13,9 billion.