PepsiCo generated more than $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream. As a result of current water use habits, population growth and the effects of climate change, a staggering four billion people are affected by water scarcity2 and by 2050, global demand for water will increase by as much as 50 percent3. "With PepsiCo using CropX's data-driven soil management platform in large scale we have the opportunity to make a huge impact and to . Water scarcity is directly linked to the climate crisis, and at PepsiCo, we believe a global effort to be 'net water positive' is essential. PepsiCo undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Consumer staples face a $200 billion impact from water scarcity, the U.K. bank said. The programs offer a wide spectrum of solutions, ranging from handwashing stations coupled with education and awareness campaigns, to the installation of pour flush toilets and more in-depth projects incorporating partnerships with communities to rehabilitate natural springs, to ensure sustainable access to safe clean water. www.wateraid.org. The signing of this MoU recognizes that water conservation and replenishment is critical for tackling climate change-related water scarcity in Pakistan. Water is not only a critical component of our food system, it is a fundamental human right - and the lack of safe, clean water around the world is one of the most pressing issues facing our global community today," said Jim Andrew, Chief Sustainability Officer at PepsiCo. Found insideWater scarcity is a top concern for major corporations.36 As it well should ... and water replenishment (e.g., Coca Cola and, separately, Pepsico with the ... Since 1981, WaterAid has reached 25.8 million people with clean water and 25.1 million people with decent toilets. The PepsiCo Foundation has invested more than $53 million in safe water access programs, catalyzing nearly $700 million in additional funding from other donors. Pledges to Replenish More than 100% of Water Used in High-Risk Areas by 2030. Water is not only a critical component of our food system, it is a fundamental human right - and the lack of safe, clean water around the world is one of the most pressing issues facing our global community today," said Jim Andrew, Chief Sustainability Officer at PepsiCo. Today, PepsiCo, Inc. (NASDAQ:PEP) announced its ambition to become"Net Water Positive" by 2030, aiming to replenish more At PepsiCo, we believe that water is a fundamental human right, indispensable to every community around the world. Working with non-profits and experts around the globe, we're focused on helping communities obtain access to food security, safe water and economic opportunity. "Water scarcity is directly linked to the climate crisis, and at . www.pepsico.com/Purpose/Global-Citizenship, http://advances.sciencemag.org/content/2/2/e1500323, https://openknowledge.worldbank.org/bitstream/handle/10986/28096/9781464811791.pdf, http://unesdoc.unesco.org/images/0024/002475/247553e.pdf. Found inside – Page 79Water scarcity risks: Experience of the private sector. In L. Martinez-Cortina, ... PepsiCo. (2012). PepsiCo 2011/2012 GRI report. New York: PepsiCo. Water is not only a critical component of our food system, it is a fundamental human right - and the lack of safe, clean water around the world is one of the most pressing issues facing our global community today," said Jim Andrew, Chief Sustainability Officer at PepsiCo. PepsiCo has set a number of interconnected goals that aim to contribute to its positive water impact, designing its efforts and partnerships to enable long-term, sustainable water security for its . For more information, please visit www.wateraid.org/us. PepsiCo’s “Net Water Positive” ambition aims to reduce absolute water use and replenish back into the local watershed more than 100% of the water used at company-owned and third-party sites in high water-risk areas. PepsiCo is an example of a company that has taken early steps to mitigate the risks of global water scarcity to its supply chain and business strategy more broadly. PepsiCo Inc. laid out a new plan to save water as companies grapple with water scarcity driven by rising demand and climate change. Much of Natuurpunt’s work is deceptively simple, such as creating pools and trenches to allow rainwater to sink into the ground and avoid contamination by salt water. Consumer staples face a $200 billion impact from water scarcity, the U.K. bank said. Found insideWater has emerged as a huge challenge for supply chains. PepsiCo is one company taking the lead on working with suppliers to confront water scarcity. "Water scarcity is directly linked to the climate crisis, and at PepsiCo, we . "Water scarcity is directly linked to the climate crisis, and at . Found inside – Page 120... estimating in 2003 that 36 of the states would face water shortages by 2013; ... Similarly, PepsiCo has worked with Cambridge University to develop a ... Floating treatment wetlands provide habitat for wildlife, and with the wetlands’ improved functionality, water quality in connected ponds improves, creating a native plant habitat and a nesting ground for birds. WaterAid is working to make clean water, decent toilets and good hygiene normal for everyone, everywhere within a generation. Found insideThe book suggests how business and politics need to manage the energy-food-water-climate axis as leaders negotiate the details of the climate regime that replace Kyoto Protocols. Community groups are designed to respond to diverse livelihood issues and provide empowerment for greater economic development. For this reason, water has become a major area of focus for large CPGs. With India’s health facilities under enormous stress, our goal is to ensure that communities and healthcare workers don’t go without a crucial frontline defense against Covid-19 and other diseases: clean water. Providing safe water access to water-scarce communities in IndiaThe PepsiCo Foundation and WaterAid have partnered to enhance water access in South India for many years, increasing access to clean drinking water, sanitation and hygiene to over 270,000 people in Sri City, Nelamangala and Palakkad. The PepsiCo-WWF Pakistan collaboration on water stewardship is also consistent with PepsiCo's global ambition for becoming net water-positive by 2030 in high water-risk sites. Additionally, The PepsiCo Foundation is investing $3 million through 2023 to extend access to water programs to our agricultural supply chain in India. "Water scarcity is directly linked to the climate crisis, and at PepsiCo . For more information, please visit www.pepsico.com/Purpose/Global-Citizenship. Water is not only a critical component of our food system, it is a fundamental human right - and the lack of safe, clean water around the world is one of the most pressing issues facing our global community today," said Jim Andrew, Chief Sustainability Officer at PepsiCo. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. PepsiCo will be alert to a research note by UK bank Barclays back in June, which maintained that the global consumer staples sector faces a $200bn impact from water scarcity. As a food and beverage company, PepsiCo is acutely aware of the critical role water plays in the food system, and our vision is that wherever in the world PepsiCo operates, water resources will be in a better state because of our presence. Water scarcity and long-term management of water resources is a critical challenge. PepsiCo, Inc. (NASDAQ:PEP) today introduced pep+ (pep Positive), a strategic end-to-end transformation with sustainability at the center of how the company will create growth and value by operating within planetary boundaries and inspiring positive change for the planet and people. Global food and beverage major Pepsico on Wednesday said it looks to become ''Net Water Positive'' by 2030, aiming to replenish more water than that used in company . Glin, Vice President, Global Head of Philanthropy at PepsiCo. Found inside – Page 9Fighting the Corporate Theft of Our Water Alan Snitow, Deborah Kaufman, ... followed by U.S. multinationals Coca-Cola and PepsiCo.15 Water scarcity has also ... Jim Andrew, Chief Sustainability Officer at PepsiCo said: "Time is running out for the world to act on water. The PepsiCo Foundation's new investment with WaterAid is focused on Sub-Saharan Africa and will help improve water infrastructure, build new water supply systems and equitable sanitation facilities, and promote hygiene education. 2. Water scarcity is the most important environmental concern in the consumer staples sector, which includes food, ingredients, agribusiness, meat and beverages, warn market analysts at Barclays Capital. PepsiCo Announces "Net Water Positive" Commitment. Employees and companies, India, Corporate engagement, Water. "Water scarcity is directly linked to the climate crisis, and at . Found inside – Page 225While PepsiCo's actions and ambitions are impressive, the company has stumbled in ... that PepsiCo drained aquifers in areas affected by water scarcity. Since inception, we have expanded our initiatives each year in Channo (Punjab) and Pune (Maharashtra), creating a total of 19 rainwater harvesting structures and a wastewater treatment structure to enable groundwater recharge at the watershed level. 1 For PepsiCo, access to safe water is achieved at the watershed, community and household levels by making water more readily available, better managing supply or volume of water and/or ensuring quality through water treatment, improved hygiene and community sanitation. Found inside – Page 233... 147 and urban water infrastructure, 158–159 and water, 157–159 See also ... 82, 140 PepsiCo in, 12 water scarcity in, and Coca-Cola, 12–14 Indonesia, ... Established in 1962, The PepsiCo Foundation, the philanthropic arm of PepsiCo, invests in the essential elements of a sustainable food system with a mission to support thriving communities. (This is a special edition for the October 28-29th book tour.) Circular water project at our Sabritas Vallejo plant. The partnership will provide sustainable and affordable safe drinking water to the region’s poor through decentralized safe water stations. "Water scarcity is directly linked to the climate crisis, and at . This release contains statements reflecting our views about our future performance that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Additionally, PepsiCo's holistic "Net Water Positive" vision looks to deliver safe water access to 100 million people by 2030. "Water scarcity is directly linked to the climate crisis, and at . Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such statements, including the impact of COVID-19; future demand for PepsiCo's products; damage to PepsiCo's reputation or brand image; issues or concerns with respect to product quality and safety; PepsiCo's ability to compete effectively; water scarcity; changes in the retail landscape or in sales to any key customer; disruption of PepsiCo's supply chain; political or social conditions in the markets where PepsiCo's products are made, manufactured, distributed or sold; future cyber incidents and other disruptions; climate change or measures to address climate change; imposition or proposed imposition of new or increased taxes aimed at PepsiCo's products; imposition of limitations on the marketing or sale of PepsiCo's products; changes in laws and regulations related to the use or disposal of plastics or other packaging of PepsiCo's products; and failure to comply with applicable laws and regulations. The signing of this MoU recognizes that water conservation and replenishment is critical for tackling climate change-related water scarcity in Pakistan. PepsiCo generated more than $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream. Forward-looking statements are generally identified through the inclusion of words such as "aim," "anticipate," "believe," "drive," "estimate," "expect," "goal," "intend," "may," "plan," "project," "strategy," "target" and "will" or similar statements or variations of such terms and other similar expressions. PepsiCo also aims to adopt the Alliance for Water Stewardship Standard[5] in all high-water risk areas where it operates by 2025. 4 billion people live with severe water scarcity. Found insidePepsiCo & Inter-American Development Bank Partnership Helps More Than ... of water resources, according to IDB, regional water scarcity is increasing, ... Through our program, Water for the Planet, we support watershed conservation projects in the countries of Colombia (Bogotá), Mexico (Monterrey and Valle de Mexico), Brazil (São Paulo), Guatemala (Guatemala City), Peru (Lima, since 2020) and the Dominican Republic (Santo Domingo) to generate positive long-term impacts that enhance the supply and quality of water and improve the livelihoods of those in surrounding areas. In addition to creating new ditch patterns, solar-powered pumps will be installed to control water levels, preventing runoff and saltwater seepage. Wetlands restoration in PakistanAs part of PepsiCo’s community water stewardship efforts in Lahore, Pakistan, we partnered with World Wildlife Fund (WWF) to install an initial floating treatment wetland. "Water scarcity is directly linked to the climate crisis, and at . "Water scarcity is directly linked to the climate crisis, and at . Sierra Madre Oriental mountain range near Monterrey, Mexico; photo courtesy of The Nature Conservancy. Adopting the AWS Standard is helping us identify and pursue opportunities to be better water stewards at the local level. September 17, 2021 (New York, NY)—WaterAid and The Leona M. and Harry B. Helmsley Charitable Trust announce the launch of a three-year program to improve access to water, sanitation and hygiene in health centers, reaching 750,000 people across Zambia. "Water scarcity is directly linked to the climate crisis, and at . "We learned quickly at the onset of the pandemic that handwashing and proper hygiene were critical to slowing its spread, but for millions around the world, access to water remains a luxury. Water is not only a critical component of our food system, it is a fundamental human right - and the lack of safe, clean water around the world is one of the most pressing issues facing our global community today," said Jim Andrew, Chief Sustainability Officer at PepsiCo. For this reason, water has become a major area of focus for large CPGs. The international nonprofit organization works in 34 countries to change the lives of the poorest and most marginalized people. Found insideIn its introduction, Indra Nooyi, chair and CEO of PepsiCo, said: Water sits ... And sadly,water scarcity takes its greatesttollon society's leastfortunate. In order to serve the specific agricultural needs of each region, we adapt our approach for maximum impact. Found insidesolutions that address scarcity in their local supply chains. One of the critical resources fundamental to PepsiCo's business is water. Since 2018, the partnership has assisted in providing access to jobs, primarily for women and young adults and which benefit the environment. 50% Freshwater species declined by 50 percent since 1970, including many fi sh species that feed people. Invasive plants alter soil ecology, increase the frequency and severity of wildfires, and significantly affect river flow and aquifer recharge. Learn more at www.pepsico.com/sustainability/philanthropy. Many nations, like those in Sub-Saharan Africa, lack the water infrastructure or supply to prevent and treat illnesses – for instance, nearly 70% of homes in the region don't have places for families to wash their hands with soap and water. Found inside – Page 83Pepsi and Coke bottling plants faced intense competition for groundwater in ... However, mitigating water scarcity risks can also mitigate reputation risk ... The Foundation, along with PepsiCo and its employees, seeks to catalyze efforts that advance our Performance with Purpose 2025 goals related to increasing access to nutritious servings, providing access to safe water, partnering to increase recycling rates, and enabling young women to progress through school and be successful in the workforce. Found insideIn India, both Coca-Cola and PepsiCo — major multinational corporations that ... citizen group opposition due to severe local water shortages prompted by ... Today, PepsiCo, Inc. (NASDAQ:PEP) 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 . We're focused not only on making sure people around the world have access to this vital resource, but ensuring that we are also prioritizing water stewardship in our operations everywhere." Found inside – Page 80The PepsiCo Foundation page also shares information about its project More Crop Per Drop which talks of mitigating water scarcity through water harvesting. The programs aim to help to reduce the spread of the COVID-19 virus while providing dignity to communities suffering from a lack of sanitation infrastructure. Water is not only a critical component of our food system, it is a fundamental human right — and the lack of safe, clean water around the world is one of the most pressing issues facing our global community today," said Jim Andrew, chief sustainability officer at PepsiCo. "Water scarcity is directly linked to the climate crisis, and at PepsiCo we believe a global effort to be 'net water positive' is essential," said Jim Andrew, the chief sustainability officer . Found inside – Page 158The Social and Material Life of Bottled Water Gay Hawkins, Emily Potter, ... to wider debates about public water risks and quality, water scarcity, ... Not only is this project restoring ecosystem functions and replenishing water to Cape Town’s key source catchments, it is also conserving and restoring biodiversity in a critical and unique landscape. Access to safe water is at the heart of PepsiCo’s global water strategy, in which we aim to enable long-term, sustainable water security for our business and others who depend on water availability. Recognizing that access to water is a human right, PepsiCo’s safe water access work through multiple partnerships focuses on distribution, purification and conservation programs in support of UN Sustainable Development Goal #6: Ensure the availability and sustainable management of clean water and sanitation for all. Established in 1962, the PepsiCo Foundation works with non-profit partners to develop innovative, sustainable solutions that address challenges in underserved communities around the world. People by 2030 be installed to control water levels, preventing runoff and saltwater.! 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