PepsiCo says its environmental sustainability programs have saved more than US$375 million for the company since its goals were established in 2010.
The savings were achieved through the continued progress of the company’s water, energy, and packaging and waste-reduction initiatives.
During the same time period, the company delivered double-digit net revenue and operating profit growth.
Highlights of the company’s 2014 sustainability progress include the following:
– reduced water use per unit of production by 23% since 2006, already exceeding its public target of 20% reduction by the end of the 2015,
– held absolute greenhouse gas (GHG) emissions for legacy operations flat against a 2008 baseline despite significant production volume growth in its business,
– diverted 93 of its waste from reaching landfills, surpassing its goal of recycling and reusing 90% of its waste,
– decreased the overall amount of packaging by 89 million pounds in 2014 versus the prior year, and used 134 million pounds of food-grade recycled polyethylene terephthalate packages and bottles, an increase of 23% from 2013, and
– deployed Sustainable Farming Initiative (SFI) to growers across 11 countries in 2014 and increased acres covered by more than 20% over the prior year.
