PepsiCo Inc. is donating $10 million to make it easier to recycle bottles and cans, but the money won’t do much to reverse an overall trend of declining recycling rates, environmentalists said.
The food and beverage company’s new All in on Recycling will provide seed funding toward an overall goal to raise $100 million to boost curbside recycling programs nationwide.
Despite their good intent, environmental groups have criticized companies such as PepsiCo., the Coca-Cola Co., and Nestle SA for years for playing up their support of recycling while lobbying against regulations that would require them ...
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