PepsiCo, Inc. (NASDAQ:PEP) released its 2020 Green Bond Report which provides an update on the allocation of the use of net proceeds from its first ever Green Bond, issued in October 2019 for $1 billion. As disclosed at issuance, the Green Bond's net proceeds are to be allocated to investments where PepsiCo believes it can make a lasting impact on priorities within its sustainability agenda, including packaging, decarbonization and water, while advancing several of the UN's Sustainable Development Goals.