PepsiCo, Inc. has announced a major global sustainability agenda, designed to respond to changing consumer and societal needs while also fostering continued business growth.
The company’s efforts are expected to focus on creating a healthier relationship between people and food. This includes specific 2025 goals to continue transforming PepsiCo’s food and beverage product portfolio, contribute to a more sustainable global food system and help make local communities more prosperous.
These new initiatives are a continuation of PepsiCo’s commitment to delivering “Performance with Purpose,” a commitment launched in 2006, rooted in the fundamental belief that business success is inextricably linked to sustainability.
“To succeed in today’s volatile and changing world, corporations must do three things exceedingly well: focus on delivering strong financial performance, do it in a way that is sustainable over time and be responsive to the needs of society,” says PepsiCo chairman and CEO Indra Nooyi. “The first ten years of PepsiCo’s Performance with Purpose journey have demonstrated what is possible when a company does well by also doing good. We have created significant shareholder value, while taking important steps to address environmental, health and social priorities all around the world.”
According to a PepsiCo press release, PepsiCo’s “Performance with Purpose” agenda for the coming decade focuses on three core priorities:
1. Helping to improve health and well-being through the products it sells.
2. Protecting our planet.
3. Empowering people around the world.
Highlights of the new agenda include: making at least two-thirds of PepsiCo beverages contain 100 calories or fewer from added sugar per 12-oz serving by 2025, with increased focus on zero- and lower-calorie products; targeting 15 per cent improvement in water efficiency of its direct agricultural supply chain in high water-risk areas by 2025; seeking 20 per cent reduction in greenhouse gas emissions across the company’s value chain, including its agricultural supply, by 2030; and, in partnership with PepsiCo Foundation, investing $100 million supporting initiatives to benefit at least 12.5 million women and girls around the world.
“PepsiCo’s journey is far from complete, and our new goals are designed to build on our progress and broaden our efforts,” adds Nooyi. “We have mapped our plans against the United Nations Sustainable Development Goals, and we believe the steps we are taking will help lift PepsiCo to even greater heights in the years ahead. Companies like PepsiCo have a tremendous opportunity – as well as a responsibility – to not only make a profit, but to do so in a way that makes a difference in the world.”
For a complete look at PepsiCo’s sustainability goals, you can find more information in the company’s 2015 Sustainability Report, which can be found at www.pepsico.com/purpose.