PepsiCo has published its first Environmental, Social, and Governance (ESG) Summary since the launch of PepsiCo Positive (pep+), its strategic end-to-end business transformation with sustainability and human capital at the center of how the company will create growth and value. The summary highlights the progress the company has made on its industry-leading commitments.
|Food Makers Continue to Make Sustainability a Priority|
Among its chief sustainability achievements are:
- Helping to spread the adoption of regenerative agriculture practices across more than 345,000 acres, substantial progress toward the company’s goal of 7 million acres by 2030
- Reducing Scope 1 and 2 emissions by 25% from a 2015 baseline, with more than 70% of its global electricity needs in direct operations now met by renewable sources
- Improving operational water-use efficiency by 18% in high water-risk areas from a 2015 baseline, against a target of 25% by 2025, and replenishing 34% of water the used in operations to local watersheds—more than 6.1 billion liters of water
“PepsiCo’s commitment and action to create a more sustainable and resilient food system is unwavering, and we are proud of the progress that we have made in 2021 toward our new and updated pep+ goals,” says Jim Andrew, chief sustainability officer, PepsiCo. “Our aim is to decouple so our business can grow sustainably, while decreasing environmental impacts. There is still much more work to be done and we cannot do it alone, so we—in partnership with our value chain partners, communities, NGOs, and government leaders—will continue investing in action, innovation and partnerships that enable us all to realize a more sustainable future.”