PepsiCo releases 2019 Sustainability Report
PepsiCo has published its 2019 Sustainability Report, highlighting progress toward its sustainability goals and reaffirming the company’s agenda to build a more sustainable food system. The report shares the company’s progress in a range of priority areas, including agriculture, water, climate, packaging, products and people.
The company has reduced its GHG emissions by 6% across its global value chain in 2019. In April, it confirmed plans to accelerate action on climate change by signing the UN’s Business Ambition for 1.5°C pledge, joining other companies in committing to set science-based emissions-reduction targets across its entire value chain, aimed at limiting global warming to 1.5°C, while also developing a long-term strategy for achieving net-zero emissions by 2050.
PepsiCo CEO and Chairman Ramon Laguarta said, “As a global food and beverage leader, we have a responsibility to use our scale and influence to help tackle long-term challenges, including addressing the threats to our food system which have been further strained by the unfolding pandemic. We’re making significant progress that I’m very proud of. We know it will take even more, however. From how we grow food and make products, to inspiring positive change — we are committed to help build a better future for people and the planet.”
The report also revealed that the PepsiCo Foundation has helped more than 44 million people in underserved communities around the world gain access to safe water through distribution, purification and conservation programs since 2006, surpassing its goal to reach 25 million people by 2025. It now aims to reach a total of 100 million people by 2030 and will focus its near-term work on water distribution, sanitation and hygiene programs to bolster public health in the wake of COVID-19.
The company is also 88% of the way to its goal of 100% recyclable, compostable or biodegradable packaging by 2025.
Further information about the 2019 Sustainability Report is available here.
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