Home Business PepsiCo Releases 2019 Sustainability Report;

PepsiCo Releases 2019 Sustainability Report;

PepsiCo Releases 2019 Sustainability Report;    Sets Target to Reach 100 Million People by 2030 for Safe Water Access   June 20th, 2020 – PepsiCo has published its 2019Sustainability Report,highlighting progress toward its sustainability goals and reaffirming thecompany’s agenda to help build a more sustainable food system. The 2019Sustainability Report shares progress across priorityareas where PepsiCo believes it can have the most meaningful impact: agriculture, water, climate,packaging, products, and people.Since 2006, PepsiCo’s philanthropic arm The PepsiCoFoundation has helpedover 44 million people in underserved communities around the world gain accessto safe water, far surpassing its goal to reach 25 million by 2025. PepsiCo hasnow set an ambitious new target to reach a total of 100 million people by 2030.In2019, nearly 80% of PepsiCo’s farmer-sourced agricultural raw materials wereverified as sustainably sourced. Looking ahead, the plan is to reach the 100%goal by the end of 2020.

PepsiCo reducedits absolute GHG emissions by 6% across its globalvalue chain in 2019. PepsiCo has signed the UN’s Business Ambition for 1.5°C pledge, committing to set science-based emissions-reduction targetsacross its entire value chain, all aimed at limiting global warming to 1.5°C,while also developing a long-term strategy for achieving net-zero emissions by2050.  In Pakistan, PepsiCo is focusing on four main areas;access to safe water, next generation agriculture, youth employability andCOVID-19 disaster relief efforts. PepsiCo has aligned with the government of Pakistan on accessto safe water to support the ‘Clean GreenPakistan’ program. PepsiCo is working with WaterAid to provide safe waterto 140,000 people in the country by 2021.  In addition, the company has made significantprogress in water usage efficiency across its operationsand aims to replenish 27 million liters of water per annumby 2021 through several waterreplenishment projects.Inthe area of agriculture, PepsiCo is leading the ‘Next Generation Agriculture,practices in Pakistan by helping its farmers adopt high efficiency irrigationsystems, educating them on alternatives to stubble burning, encouraging peer topeer learning and water conservation. Since 2017, PepsiCo has helped itsfarmers reduce water consumption by 1.6 billion liters.In line with the Government’s Kamayab Jawan Initiative, the company is expandingits existing support for youth employment and skills development with the helpof an education start up – Amal Academy. So far, 2,500 students have gone through the professional technical and softskills training. 70 percent of job seekingstudents have received an employment offer within three months of graduating from the Program.PepsiCo is also supporting the ‘EhsaasProgram’ by helping create a circular economy for plastic packaging. As part of its COVID relief effortsPepsiCo Pakistan is also supporting the ‘Ehsaas Program’ through its ‘Millionsof Meals’ program and has so far distributed 5.2 million meals across Pakistanwith the help of non-profit partners who are deeply rooted in communities. Earlier this year, PepsiCo announced an investment of Rs 775 million (US $5 million)for social impact programs over the next 3 years to continue their support inthe above-mentioned key areas. Furqan Ahmed Syed, CEO PepsiCo Pakistan and Afghanistancommented, ’I am proud of the progress we continue to make on oursustainability agenda globally and locally.  We remain committed toaligning ourselves with the government’s priorities and helping tackle longterm issues by building a strong network of partners who continue to deliverwidespread impact. It is heartening to see our partner potato growerstransition to sustainable farming practices with a core focus on conservingwater. Our commitment to helping build a better future for people and theplanet is part of PepsiCo’s broader vision to become a global leader inconvenient foods and beverages by “Winning with Purpose.”’’

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