Sustainable Biz #8 - Magazine - Page 25
our company. Since then, we have worked
towards creating value for our shareholders,
customers and communities, while
aiming to make PepsiCo more resilient
and overcome systemic barriers that limit
progress.
I look forward to continuing this critical
journey with our associates and partners,
as we strive to prove that growth and
sustainability go hand in hand."
The 2024 ESG Summary reports PepsiCo's
performance across its three pep+ pillars –
Positive Agriculture, Positive Value Chain
and Positive Choices – including specific
goals for agriculture, water, packaging,
climate and nutrition. Within these pillars,
PepsiCo is focused on innovating, scaling
solutions and sharing results to continue
driving meaningful changes.
"Our progress in 2024 shows that when
we embed sustainability into the heart of
our company, we not only help strengthen
our communities and our planet, we also
make our business more resilient," said Jim
Andrew, PepsiCo Executive Vice President
and Chief Sustainability Officer. "At the
same time, we know our sustainability
journey will not always be linear. There
are a number of obstacles that stand in
the way of the systemic changes needed
to continue making progress at scale. To
overcome these obstacles, the world needs
more collaboration and engagement from
business, governments and civil society.
We will continue our efforts to lead, to
learn from our progress, and to share those
learnings to help build a more sustainable
and resilient food system."
2024 was a significant year, marking
substantial progress in PepsiCo's efforts to
spread regenerative agriculture, restorative
or protective practices and the achievement
of key nutrition milestones related to our
foods and drinks, even as the company
continues efforts across its full set of pep+
ambitions. Key highlights from PepsiCo's
2024 ESG Summary include:
Agriculture: The company helped spread
regenerative agriculture, restorative or
protective practices across 3.5 million acres,
helping to drive healthier soil, cleaner air
and greater yields for farmers. This marks
progress against the company's recently
expanded goal to drive these practices
across 10 million acres — roughly the
size of Switzerland — by 2030. Climate:
PepsiCo sourced 89% (approximately 3,900
GWh) of the global electricity needs for its
company-owned operations with renewable
sources (including through use of renewable
energy credits), while reducing Scope 1 and
2 greenhouse gas emissions by 18% versus
its 2022 baseline.Water: PepsiCo replenished
approximately 75% of the water used at
company-owned manufacturing facilities
in high water-risk areas. In total, global
projects replenished approximately 24 billion
liters of water. Additionally, since 2006, the
company has helped over 96 million people
gain access to safe water through distribution,
purification and conservation programs.
Packaging:
The company reduced virgin plastic tonnage
in primary packaging in key packaging
markets by 5% between 2023 and 2024 and
used 15% recycled plastic across the same
scope of packaging and markets.Nutrition:
PepsiCo surpassed its 2025 targets for sugar
and sodium reduction a full year ahead of
schedule, with 67% of its beverage volume
containing fewer than 100 Calories from
added sugars per 12 oz. serving4 and 77%
of convenient foods not exceeding 1.3
milligrams of sodium per Calorie5.
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