PepsiCo CEO: “A company does well by also doing good.” PepsiCo Launches 2025 Sustainability Agenda Designed to Meet Changing Consumer and Societal Needs
Continuing Performance with Purpose, launched in 2006, PepsiCo announced its sustainability agenda for the next decade. “The first ten years of PepsiCo’s Performance with Purpose journey have demonstrated what is possible when a company does well by also doing good. We have created significant shareholder value, while taking important steps to address environmental, health and social priorities all around the world” said PepsiCo Chairman and CEO, Indra Nooyi.
PepsiCo’s Performance with Purpose agenda for the next decade is focused on three key targets:
- Improving health and well-being through PepsiCo’s products by achieving specific goals set for 2025, such as selling more Everyday Nutrition products and improving consumers’ access to nutritious foods and beverages.
- Protecting the planet by reducing PepsiCo’s environmental impact. PepsiCo has set a number of – very specific and measurable – goals in this direction, such as improving its water use efficiency (by 25% by 2025), reducing greenhouse gas emissions in PepsiCo’s value chain (by no less than 20% by 2030) and ensuring, by 2025, that 100% of its packaging is recoverable or recyclable.
- Empowering people around the globe by ensuring human rights are respected across PepsiCo’s supply chain, supporting initiatives that benefit women and girls globally and cultivating a diverse and inclusive workforce, worldwide.
Bill George, senior fellow, Harvard Business School: “During the past decade, PepsiCo has become a role model for global companies by demonstrating that aligning business and societal interests is a recipe for strong financial results.”
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