September 28, 2024
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PepsiCo Announces Alternō as 2024 APAC Greenhouse Accelerator Winner; Program Helps Promote Sustainable Innovation in the Region
- The program - in its second year in the region - aligns with PepsiCo’s sustainability strategy (pep+) and aims to inspire change in the F&B industry through collaboration and innovation.
- Alternō demonstrated its low-cost thermal energy storage solution that champions one of the three key focus areas of the Greenhouse Accelerator program - sustainable agriculture.
This year, one of the finalists of the program was Takachar, a Filipino startup which was chosen for its innovative approach to transforming crop and forest residues into high-value, carbon-negative products like fertilizers, chemicals, and biofuels—helping to advance climate justice. By developing small, low-cost, portable systems that attach to tractors and pick-up trucks, Takachar enables deployment to remote rural areas, empowering local bioeconomies while helping to reduce the air pollution and carbon emissions caused by open-air biomass burning.
Selected from a group of 10 finalists across APAC, including the Philippines, Thailand, Vietnam, Australia, and China, the 2024 Greenhouse Accelerator Program winner, Alternō, was selected for its pioneering approach to reducing carbon emissions across agriculture, industry, and residential heating through thermal energy.
As part of their win, Alternō will receive an additional USD 100,000 grant to further develop its solution. This grant will be instrumental in helping them to scale their sand-based battery, which was recently piloted at PepsiCo’s food plant in Vietnam, completing a pellet drying project with a view to trial heating oil next.
“Winning PepsiCo’s APAC Greenhouse Accelerator Program 2024 is a pivotal moment for our startup,” said Hai Ho, Co-Founder and COO of Alternō. “PepsiCo’s mentorship and resources have helped us sharpen our strategy and accelerate our growth. We look forward to further collaborating with PepsiCo to expand the reach of our solution and contribute to a more sustainable future.”
The Greenhouse Accelerator Program is designed to be a launchpad for startups that are reimagining the future of business through sustainability. Participants received personalized mentorship from PepsiCo executives, a USD 20,000 grant, and access to PepsiCo’s extensive industry network, positioning them to bring their innovative solutions to market faster.
Wern-Yuen Tan, Chief Executive Officer (CEO), APAC and Chief Commercial Officer (CCO) of PepsiCo, remarked, “The APAC Greenhouse Accelerator Program goes beyond celebrating a single winner; it highlights the growing momentum behind sustainable innovation. Through our pep+ strategy, PepsiCo is proud to support visionary entrepreneurs who are helping to build a future where businesses and the planet can thrive. By fostering collaboration, mentorship, and access to resources, we’re helping to scale innovative ideas that seek to address critical environmental and social challenges. This program represents an investment in the future of our planet, and we look forward to continuing this journey, ensuring these solutions can continue to grow and benefit generations to come.”
A diverse panel of judges evaluated the startups based on their innovation, feasibility, scalability, and alignment with PepsiCo’s sustainability goals. The panel included Pariwat Wongsamran, Deputy Executive Director of the Innovation System at National Innovation Agency; Yosavee Niranvichaiya, Senior Investment Manager for Thailand at Circulate Capital; Oranuch Lerdsuwankij, CEO and Co-Founder of Techsauce Investor; Alan Choi, Senior Vice President and Chief Financial Officer at PepsiCo APAC; Ashley Brown, Vice President of Supply Chain ANZ and Chief Sustainability Officer at PepsiCo APAC; and Sudipto Mozumdar, GM, IndoChina Foods and CCO for APAC at PepsiCo.
In just four months, the 2024 Greenhouse Accelerator Program has launched seven startup pilots within PepsiCo’s value chain, focusing on Climate Action, Sustainable Agriculture, and Circular Economy, which are tackling challenges like reducing carbon emissions, improving resource efficiency, and fostering circular supply chains. Building on the success of the 2023 cohort, which now has four pilots running at various stages, the 2024 pilots are setting the stage for improved environmental and operational impact.
Among last year’s participants, TURN, a finalist, has successfully partnered with Gatorade to launch the Gatorade x TURN reusable cup, which is currently being piloted with AFLW and AFL clubs in Australia. The initiative is expected to replace approximately 200,000 single-use cups, exemplifying the impact that Greenhouse startups can have on sustainability. Adiona - a startup that brings real-time data visibility to delivery operations - is already in a second-phase pilot with wheels on the ground, analyzing PepsiCo’s delivery data and proposing efficiency improvements at its Tingalpa plant. These enhancements can potentially reduce the distance travelled and, consequently, help to lower CO2 emissions.
Last year’s GHAC winner, Powered Carbon, has reached multiple business milestones since participation. Powered Carbon has, to date, provided its low-carbon bio-fertilizer to PepsiCo's potato fields across Guangdong, Shandong, Gansu, and Inner Mongolia. Since participating in the Greenhouse Accelerator program, Powered Carbon has not only raised market awareness and attracted the attention of investors but has also enjoyed a six-fold surge in income since August 2023.
PepsiCo is exploring a third edition of the Greenhouse Accelerator Program in APAC, set for 2025. To date, startups across the previous 11 editions worldwide have generated a total of USD 200 million in annual revenue, showcasing the program’s ability to fuel growth and support the launch of sustainable solutions.
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September 27, 2024
No Crying Wolfie: Grab Books and Goods Before Big Bad Wolf Bids Bacolod “Bye-bye!”
Calling all Wolfies of Bacolod!
Big Bad Wolf is packing up and leaving town in a few days, so run now and get ready for one last feast at the Ground Floor, North Wing, SM City Bacolod until September 29, from 10:00 AM to 10:00 PM daily. Don’t miss the chance to fill up on amazing finds and great deals!
Still on our spread are unbelievable discounts and special promos that you just can’t pass up! Over two million titles are still at 95% off, and attendees who will participate in Wolfie’s Challenge of the Day get a chance to win a P500 Book Voucher. What’s more is that Metrobank credit cardholders can take advantage of a 3-month 0% installment promo for single-receipt purchases worth a minimum of P3,000, as well as a free 1-pc Chicken McDo meal for purchases of the same minimum amount. Returning Wolfies can still get a 5% discount on purchases when they bring their old Big Bad Wolf tote bag from last year. Plus, there’s a chance to win over P50,000 worth of furnishings from Swedish furnishing brand IKEA.
If you think that’s all, you’re wrong! Big Bad Wolf also has a special treat that is exclusively for students and teachers! Registered Big Bad Wolf members who are part of the academe get 5% off on English books when they wear their uniform or present their school ID at the cashier. No minimum spend needed. Details of the promo will be released on Big Bad Wolf’s social media pages, so keep an eye out!
Adding to the excitement are limited edition tote bags that you can get only until the last day of the Bacolod book sale, September 29. Grab one for yourself, bring along a friend, and check out the other awesome merch too!
Are you searching for something that will renew your zest for life? Perhaps a guide to finding “the one”? Or maybe a storybook that will take the young ones on an incredible adventure? All these and more are treasures waiting for you. But wait! While you’re at it, you can share your well-loved treasures with someone else too. Donate a book or two at the Book Sale! Books will be donated to the Department of Social Welfare and Development for a farther reach to different communities.
In the spirit of giving, let’s not forget that it’s “-ber” season already and the holidays are fast approaching! Kick off your holiday gift shopping at the Big Bad Wolf Bacolod Book Sale! With amazing deals and a wide selection, you’re sure to bring home a perfect book for you.
No, we’re not crying “wolf” with our deals and discounts, but you’re a Wolfie who might just cry if you miss the last few days of the Big Bad Wolf Book Sale. Hurry now because the books and the goods are hot and ready for the taking. Explore genres, hunt down the titles on your wishlist, and make the most out of our deals before they’re all gobbled up!
What are you waiting for? Visit the Big Bad Wolf Book Sale at the Ground Floor, North Wing, SM City Bacolod, happening until September 29. Doors open from 10 AM to 10 PM. Gather your pack and catch the Big Bad Wolf before it goes! We’ll see you there!
For more information regarding Big Bad Wolf’s current and upcoming Book Sales, you can visit their website or check out their social media accounts (Facebook | Instagram)