In one of the boldest, bravest and most extensive commitments a food industry company has made with the intent of “meeting changing consumer and societal needs,” PepsiCo announced Oct. 17 that a sizable share of its massive product range – marketed under a staggering assortment of brand names – will have their sugar, saturated fat and sodium content drastically reduced by the year 2025.
The Purchase, New York-based company simultaneously announced plans to reduce its environment impact and “to empower people around the world.”
- Plans to continue transforming its product portfolioby offering healthier food and beverage choices, reduce its environmental impact and empower people around the world
- At leasttwo-thirds of PepsiCo beverages expected to contain 100 calories or fewer from added sugar per 12-oz serving by 2025,with increased focus on zero- and lower-calorie products
- Targeting 15% improvement in water efficiency of itsdirect agricultural supply chain in high water-risk areas by 2025 – saving the equivalent of total water used in PepsiCo’s manufacturing operations
- Seeking 20%reduction in greenhouse gas emissions across the company’s value chain, including its agricultural supply, by 2030
- In partnership with PepsiCo Foundation, plans toinvest $100 million supporting initiatives to benefit at least 12.5 million women and girls around the world
A company press statement said, “These new initiatives continue PepsiCo’s decade-long commitment to delivering Performance with Purpose, a pioneering vision launched in 2006 rooted in the fundamental belief that business success is inextricably linked to the sustainability of the world we share.
“To succeed in today’s volatile and changing world, corporations must do three things exceedingly well: focus on delivering strong financial performance, do it in a way that is sustainable over time and be responsive to the needs of society,” said PepsiCo Chairman and CEO Indra Nooyi. “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.”
“PepsiCo’s journey is far from complete, and our new goals are designed to build on our progress and broaden our efforts,” Nooyi continued. “We have mapped our plans against the United Nations Sustainable Development Goals, and we believe the steps we are taking will help lift PepsiCo to even greater heights in the years ahead. Companies like PepsiCo have a tremendous opportunity – as well as a responsibility – to not only make a profit, but to do so in a way that makes a difference in the world.”