PepsiCo refines its climate, packaging, agriculture, and water goals to reflect current realities.
“As circumstances evolve, PepsiCo continually adapts how we source ingredients; make, move, and sell our products; and inspire people through our brands,” said PepsiCo chair and CEO Ramon Laguarta. “This journey is underpinned by pep+, which is an investment in building a stronger and more resilient business – today and in the future – and guides our actions to help create a more resilient, more sustainable food system. Our goals must evolve with us to keep our ambition and to deliver on our long-term vision.”
PepsiCo’s Positive Choices goals, which aim to lower saturated fat, sugar, and sodium content and deliver more diverse ingredients, remain unchanged.
The revised goals on climate, packaging, agriculture and water reflect PepsiCo’s understanding of where it can accelerate impact—striving for greater return on its investments—and where progress will take more time, based on the realities of key global enablers such as recycling and reuse infrastructure, electric grid modernization, electric vehicle charging infrastructure and cost-competitive vehicle availability, and varying and changing government approaches. These refined goals reflect transparency about current market challenges.
Updated goals
Agriculture: PepsiCo increases its regenerative agriculture goal, aiming to drive the adoption of regenerative, restorative, or protective practices across 10 million acres by 2030. This is an expansion of the original 7-million-acre regenerative agriculture goal. As of 2024, PepsiCo has already delivered approx. 3.5 million acres.
Climate: PepsiCo now aims to achieve net zero emissions by 2050 instead of 2040.
Packaging: PepsiCo is sunsetting its reuse target due to regulatory changes in different countries.
Water: PepsiCo maintains its goal to become net water positive by 2030.
For more information on goal changes, click here.
Source: www.foodincanada.com