Company commits $3.3 million to projects in Winter Haven, Fla., and Galveston Bay
March 14, 2023
PepsiCo Beverages North America (PBNA) and Frito-Lay North America (FLNA) announced a commitment of $3.3 million in funds toward water replenishment projects across North America. These projects aim to advance Purchase, N.Y.-based PepsiCo’s effort to become Net Water Positive by 2030.
Beverage operations require a myriad of energy support in the form of electricity, natural gas, water and other related categories referred to as utilities. Because utilities are absolute, beverage operators are constantly challenged with availability.
Company pledges to replenish more than 100% of water used in high-risk areas by 2030
August 17, 2021
PepsiCo Inc., Purchase, N.Y., announced its ambition to become "Net Water Positive" by 2030, aiming to replenish more water than the company uses, which would place it among the most water-efficient food or beverage manufacturers operating in high-risk watersheds.
Company has allocated $447M Green Bonds as of Dec. 31, 2019
October 13, 2020
PepsiCo Inc., Purchase, N.Y., released its 2020 Green Bond Report, which provides an update on the allocation of the use of net proceeds from its first Green Bond, issued in October 2019 for $1 billion. As disclosed at issuance, the Green Bond's net proceeds are to be allocated to investments where PepsiCo believes it can make a lasting impact on priorities within its sustainability agenda, including packaging, decarbonization and water, while advancing several of the UN's Sustainable Development Goals.
PepsiCo Inc., Purchase, N.Y., has priced the company's first ever Green Bond. The net proceeds from the $1 billion Green Bond offering will fund a series of key initiatives to advance PepsiCo's sustainability agenda, it says. The company also announced that it has named PepsiCo leader Simon Lowden as its first chief sustainability officer. In this new role, effective immediately, Lowden will be responsible for leading PepsiCo's Sustainability Office, including the Global Sustainable Plastics team and Global Sustainable Operations team.
To help companies maximize productivity and maintain the purest water quality, 3M Separation and Purification Sciences offers new filter technology which can improve water quality, protect equipment and increase production.
Craft Brew Alliance Inc. (CBA), Portland, Ore., published its sixth Annual Sustainability Report, which highlights the company’s 2018 accomplishments in environmental and community stewardship and ongoing commitment to brewing and packaging its beers in the most sustainable way possible. For this year’s report, CBA is incorporating certain metrics using standards set forth by the Sustainability Accounting Standards Board (SASB), an independent organization that facilitates communication between companies and investors on the financial impacts of sustainability.