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Walmart and PepsiCo are helping US and Canadian farms improve soil and water quality. Potatoes, oats, corn, wheat, soybeans, and rice are sold by PepsiCo and Walmart.
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The two companies will invest $120 million over seven years to accelerate regenerative agriculture on more than 2 million acres of farmland.
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Walmart estimates this measure will cut 4 million metric tons of greenhouse gas emissions by 2030. The farmer, Walmart, and PepsiCo offer three perspectives on the project's impact.
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"If you use less fertilizer and grow a bigger crop, or if you use less water and grow the same crop, it strengthens your farm in a way that benefits the bottom line and our environment for generations."
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"This collaboration with PepsiCo is an outstanding instance of how we are prioritizing the expansion of sustainable farming methods among
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farmers across the United States so that we can continue to make quality products affordable and accessible for customers," said Walmart's senior vice president.
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"This relationship intends to elevate farmer livelihoods, engage them on how to more sustainably manage soil health, enhance yields, and build a
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model that others may emulate across different product categories, including encouraging other businesses to participate in regenerative agriculture.
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"We work very hard to earn the farmer's trust so they understand that we are investing in their legacy and they can hand their farm down to the next generation," said PepsiCo's Chief Sustainability Officer.
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Farmers know their business best, and they say three things must happen for regenerative agriculture to be profitable. Economic, cultural, and agronomic support are needed.
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