{"id":137429,"date":"2024-01-19T07:20:00","date_gmt":"2024-01-19T06:20:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=137429"},"modified":"2024-01-11T14:19:21","modified_gmt":"2024-01-11T13:19:21","slug":"how-does-pepsico-deliver-positive-sustainability-impacts","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/how-does-pepsico-deliver-positive-sustainability-impacts\/","title":{"rendered":"How does PepsiCo deliver Positive sustainability impacts?"},"content":{"rendered":"\n\n\n<p>PepsiCo Chairman and CEO Ramon Laguarta describes its sustainability transformation strategy pep+ as the future of the company, but how does it work?<\/p>\n\n\n\n<p>PepsiCo Positive (or&nbsp;<a href=\"https:\/\/pepsico.com\/who-we-are\/our-commitments\/pepsico-positive\" rel=\"noreferrer noopener\" target=\"_blank\">pep+<\/a>) is the food and beverage giant\u2019s end-to-end sustainability transformation that impacts the entire business \u2013 from sourcing to selling.<\/p>\n\n\n\n<p>While pep+ is having a significant impact on operations, it\u2019s important to remember that PepsiCo has been on the sustainability transformation journey since 2006, with a mission to deliver strong financial returns while also caring for the planet.<\/p>\n\n\n\n<p>Back then, Performance with Purpose began to integrate sustainability into daily business operations. In 2010, the first all-electric delivery trucks hit the road, and in 2013 the Sustainable Farming Programme was launched, which now sees 90% of grower-sourced crops being sustainably sourced. In 2021, the company set a net zero target for 2040.<\/p>\n\n\n\n<p>Despite this progress, the next-generation pep+ launched in 2021 has been described by&nbsp;<a href=\"https:\/\/www.pepsico.com\/docs\/default-source\/leadership-bio\/ramonlaguartabiography.pdf?sfvrsn=7348434e_23\" rel=\"noreferrer noopener\" target=\"_blank\">Chairman and CEO Ramon Laguarta<\/a>&nbsp;as \u201cthe future of our company\u201d, and is built on three pillars:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Positive Agriculture<\/strong>&nbsp;\u2013 sustainably sourcing ingredients and improving agricultural practices and farmer livelihoods<\/li>\n\n\n\n<li><strong>Positive Value Chain<\/strong>&nbsp;\u2013 helping to build a circular and inclusive value chain<\/li>\n\n\n\n<li><strong>Positive Choices<\/strong>&nbsp;\u2013 evolving the company\u2019s food and beverages so they are better for people and planet<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"BorlabsCookie _brlbs-cb-youtube\"><div class=\"_brlbs-content-blocker\"> <div class=\"_brlbs-embed _brlbs-video-youtube\"> <img decoding=\"async\" class=\"_brlbs-thumbnail\" src=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/plugins\/borlabs-cookie\/assets\/images\/cb-no-thumbnail.png\" alt=\"YouTube\"> <div class=\"_brlbs-caption\"> <p>By loading the video, you agree to YouTube&#8217;s privacy policy.<br><a href=\"https:\/\/policies.google.com\/privacy?hl=en&amp;gl=en\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Learn more<\/a><\/p> <p><a class=\"_brlbs-btn _brlbs-icon-play-white\" href=\"#\" data-borlabs-cookie-unblock role=\"button\">Load video<\/a><\/p> <p><label><input type=\"checkbox\" name=\"unblockAll\" value=\"1\" checked> <small>Always unblock YouTube<\/small><\/label><\/p> <\/div> <\/div> <\/div><div class=\"borlabs-hide\" data-borlabs-cookie-type=\"content-blocker\" data-borlabs-cookie-id=\"youtube\"><script type=\"text\/template\">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<\/script><\/div><\/div>\n<\/div><\/figure>\n\n\n\n<p>PepsiCo\u2019s latest 2022 Environmental, Social, and Governance (ESG) Summary shared the results of the first full year of reporting since the pep+ launch, and highlights the progress that has been achieved.<\/p>\n\n\n\n<p>PepsiCo reported positive outcomes on nutrition, agriculture, social, water usage and safe water access, while reducing emissions and use of virgin plastics.<\/p>\n\n\n\n<p>For example, carbon emissions from agriculture were reduced by 330,000 metric tons (the equivalent of taking 73,000 cars off the road for a year). Safe water access was provided to a further 12 million people in 2022, taking the total to 80 million since 2006.<\/p>\n\n\n\n<p>\u201cDecoupling our business growth from our resource use is always going to be difficult but meeting our long-term targets is critical and we are rapidly learning how and where we need to adjust,\u201d said&nbsp;<a href=\"https:\/\/www.linkedin.com\/in\/jpandrew\" rel=\"noreferrer noopener\" target=\"_blank\">Jim Andrew, Chief Sustainability Officer at PepsiCo<\/a>.<\/p>\n\n\n\n<p>\u201cWe issued US$2.25 billion in green bonds since 2019, and we have made \u2013 and will continue to make \u2013 substantial investments toward key parts of our pep+ agenda, including becoming net zero and reducing the use of virgin plastics.\u201d<\/p>\n\n\n\n<p>In 2022, PepsiCo created Pep+ REnew with Schneider Electric to help suppliers adopt renewable electricity and reduce their carbon footprints.<\/p>\n\n\n\n<p>\u201cThe creation of pep+ REnew directly supports our ambitious goal to achieve net-zero emissions across our value chain by 2040,\u201d says Andrew. \u201cNet zero cannot happen without our value chain partners taking bold climate action.\u201d<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/assets.bizclikmedia.net\/668\/1307cda6550bd7166d190bc727ae28b6:67ae2ae07ea9b8c6eb9d0391d2b57fa8\/6j0a8751-2420x1614.jpeg\" alt=\"PepsiCo announced Positive Agriculture ambition and 2030 goals in 2021 \/ Credit: PepsiCo\" style=\"aspect-ratio:1.3253968253968254;width:628px;height:auto\"\/><figcaption class=\"wp-element-caption\">PepsiCo announced Positive Agriculture ambition and 2030 goals in 2021 \/ Credit: PepsiCo<\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>PepsiCo\u2019s Positive Agriculture projects<\/strong><\/h3>\n\n\n\n<p>When it comes to Positive Agriculture, PepsiCo recently backed eight new innovation projects in Australia, Colombia, Egypt, India, Iraq, Pakistan, Poland, Romania, and the UK with a US$30 million investment.<\/p>\n\n\n\n<p>The Positive Agriculture Outcomes (PAO) Accelerator offers farming communities investment to accelerate diverse and results-driven projects, as well as funding for agritech startups.&nbsp;<\/p>\n\n\n\n<p>\u201cWe can&#8217;t motivate systemic change on our own, and our PAO Accelerator continues to provide a forum for farming communities to bring forth ideas and opportunities, and receive the funding needed to get promising innovation off the ground,\u201d said&nbsp;<a href=\"https:\/\/www.linkedin.com\/in\/margaret-henry-3b30145\" rel=\"noreferrer noopener\" target=\"_blank\">Margaret Henry, Vice President, Sustainable and Regenerative Agriculture at PepsiCo<\/a>.<\/p>\n\n\n\n<p>\u201cWith this latest round of projects, we&#8217;re not only fostering this powerful network of innovators across global farmland, but growing closer to achieving a more regenerative future, with farmers&#8217; insight at the forefront.\u201d<\/p>\n\n\n\n<p>PepsiCo&#8217;s goal is to spread regenerative farming practices across 7 million acres by 2030, improve the livelihoods of 250,000 people in its agricultural supply chain, and sustainably source 100% of its key ingredients.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"BorlabsCookie _brlbs-cb-youtube\"><div class=\"_brlbs-content-blocker\"> <div class=\"_brlbs-embed _brlbs-video-youtube\"> <img decoding=\"async\" class=\"_brlbs-thumbnail\" src=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/plugins\/borlabs-cookie\/assets\/images\/cb-no-thumbnail.png\" alt=\"YouTube\"> <div class=\"_brlbs-caption\"> <p>By loading the video, you agree to YouTube&#8217;s privacy policy.<br><a href=\"https:\/\/policies.google.com\/privacy?hl=en&amp;gl=en\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Learn more<\/a><\/p> <p><a class=\"_brlbs-btn _brlbs-icon-play-white\" href=\"#\" data-borlabs-cookie-unblock role=\"button\">Load video<\/a><\/p> <p><label><input type=\"checkbox\" name=\"unblockAll\" value=\"1\" checked> <small>Always unblock YouTube<\/small><\/label><\/p> <\/div> <\/div> <\/div><div class=\"borlabs-hide\" data-borlabs-cookie-type=\"content-blocker\" data-borlabs-cookie-id=\"youtube\"><script type=\"text\/template\">PGlmcmFtZSB0aXRsZT0iUGVwc2lDbyBSZWdlbmVyYXRpdmUgQWdyaWN1bHR1cmUiIHdpZHRoPSI1MDAiIGhlaWdodD0iMjgxIiBzcmM9Imh0dHBzOi8vd3d3LnlvdXR1YmUtbm9jb29raWUuY29tL2VtYmVkL1VlQnVFYWM4OXcwP2ZlYXR1cmU9b2VtYmVkIiBmcmFtZWJvcmRlcj0iMCIgYWxsb3c9ImFjY2VsZXJvbWV0ZXI7IGF1dG9wbGF5OyBjbGlwYm9hcmQtd3JpdGU7IGVuY3J5cHRlZC1tZWRpYTsgZ3lyb3Njb3BlOyBwaWN0dXJlLWluLXBpY3R1cmU7IHdlYi1zaGFyZSIgcmVmZXJyZXJwb2xpY3k9InN0cmljdC1vcmlnaW4td2hlbi1jcm9zcy1vcmlnaW4iIGFsbG93ZnVsbHNjcmVlbj48L2lmcmFtZT4=<\/script><\/div><\/div>\n<\/div><\/figure>\n\n\n\n<p>Diverse projects supported by the PAO Accelerator include adopting efficient irrigation systems in response to increased drought, developing kilns to turn agricultural waste into fertiliser, and improving soil health.<\/p>\n\n\n\n<p>The projects backed in 2023 include Australian grain growers using soil health management to help reduce greenhouse gas emissions on-farm. In Colombia, potato crop quality and yield will be increased while also reducing water use.<\/p>\n\n\n\n<p>Marginal gains can make all the difference when you consider that more than a billion PepsiCo products (including iconic brands like Pepsi-Cola, Doritos, and Quaker) are consumed every day in more than 200 countries, which generated more than US$86 billion in revenue in 2022.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/assets.bizclikmedia.net\/668\/ed192e244ff10ec462a38ff384f1aa2a:d70fb5b3e9678fe25066cb1170505319\/ketchum-pepsico-infographic-final.jpeg\" alt=\"PepsiCo's goal is to spread regenerative farming practices across 7 million acres by 2030\" style=\"aspect-ratio:0.7616875712656784;width:613px;height:auto\"\/><figcaption class=\"wp-element-caption\">PepsiCo&#8217;s goal is to spread regenerative farming practices across 7 million acres by 2030<\/figcaption><\/figure><\/div>","protected":false},"excerpt":{"rendered":"<p>PepsiCo Chairman and CEO Ramon Laguarta describes its sustainability transformation strategy pep+ as the future of the company, but how does it work? PepsiCo Positive (or&nbsp;pep+) is the food and beverage giant\u2019s end-to-end sustainability transformation that impacts the entire business \u2013 from sourcing to selling. While pep+ is having a significant impact on operations, it\u2019s [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"PepsiCo\u2019s latest 2022 Summary shared the results of the first full year of reporting since the pep+ launch, and highlights the progress that has been achieved","footnotes":""},"categories":[5572],"tags":[6630,5838,10416,5528],"supplier":[1775,23367],"class_list":["post-137429","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-agriculture","tag-bioeconomy","tag-circulareconomy","tag-sustainability","supplier-pepsico","supplier-schneider-electric"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/137429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=137429"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/137429\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=137429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=137429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=137429"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=137429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}