October 2, 2008
PepsiCo Marks Progress Toward Sustainability Goals
To: ENVIRONMENTAL EDITORS
Contact: Dave DeCecco of PepsiCo, +1-914-253-2655, email@example.comPURCHASE, N.Y., Oct. 2 /PRNewswire-FirstCall/ -- PepsiCo (NYSE: PEP) announced today that it has made significant progress toward its long-term environmental sustainability goals, which include reducing water consumption by 20 percent, electricity consumption by 20 percent and fuel consumption by 25 percent per unit of production by 2015 compared to 2006. These goals are part of PepsiCos Performance with Purpose vision, the companys commitment to delivering shareholder value while leaving a positive imprint on society.
All of the credit for the progress weve made so far goes to the many talented people within PepsiCo who have found innovative ways to reduce our environmental footprint, said Indra Nooyi, PepsiCos chairman and chief executive officer. We still have much work to do, but these are important, positive steps in our long journey to constantly improve our stewardship of the environment.
In order to attain these goals PepsiCo has launched a number of activities:
-- Water -- Reduce consumption by 20% -- Across the world, PepsiCo has saved nearly 1.5 billion gallons of water in 2007 compared
to 2006. PepsiCo is taking to scale a combination of new
technology, information sharing and employee initiatives that
reduce water consumption and increase re-use. In the U.S., the
company is using a proprietary air-rinse technology to clean
newly manufactured bottles with air instead of water in all
Gatorade and Propel manufacturing plants, saving almost 150
million gallons of water per year. Also, by instituting
comprehensive water mapping at manufacturing facilities
and increasing awareness of water conservation with associates,
the Walkers crisps business in the United Kingdom reduced the
amount of water used per kg of crisp by 42 percent between 2001
and 2007 and the India beverage business has conserved over a
half-billion gallons of water in the last two years.
-- Electricity -- Reduce consumption by 20% -- At the Tropicana facility in Bradenton, Fla., the orange juice storage system
was converted from an ultra-low temperature freezer system to
cool refrigeration that preserves the juices freshness
without freezing it. This transition not only improved the
fresh taste of Tropicana juice, it saved the equivalent of
electricity needed to power over 7,000 houses. At the Quaker
facility in Cedar Rapids, Iowa, the development of an
innovative milling process saves almost three million kilowatt
hours of electricity per year -- the same amount used by 250
typical American homes.
-- Fuel -- Reduce consumption by 25% -- Alternative fuel sources are also a major focus for PepsiCo. This year, the Frito-Lay
manufacturing facility in Modesto, Calif., inaugurated a solar
concentrator field made up of large curved mirrors that move
with the position of the sun, focusing the heat into tubes of
glass filled with water. The water is converted into steam,
which helps heat the cooking oil used to make SunChips. In
addition, there are two U.S. PepsiCo manufacturing facilities
that use landfill gas, thereby reducing their consumption of
fossil source fuels. At several facilities in India, PepsiCo
uses local biomass material to run plants more efficiently with
less impact on the environment. Similarly, Frito-Lay is
installing a new biomass boiler in its Topeka, Kan., facility
that will use wood waste for fuel. In Mexico, the Sabritas
business conserved enough fuel in one year to serve 3,400
PepsiCo (NYSE: PEP) is one of the worlds largest food and beverage companies, with 2007 annual revenues of more than $39 billion. The company employs approximately 185,000 people worldwide, and its products are sold in approximately 200 countries. Its principal businesses include: Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and Quaker foods. PepsiCos commitment to sustainable growth, defined as Performance with Purpose, is focused on generating healthy financial returns while giving back to communities the company serves. For more information, please visit www.pepsico.com.
About Performance with Purpose
PepsiCo's commitment to sustainable growth, defined as Performance with Purpose, is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a spectrum of convenient foods and beverages, reducing the company's impact on the environment through water, energy and packaging initiatives, and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent. PepsiCo is listed on the Dow Jones North America Sustainability Index and Dow Jones World Sustainability Index.
(c) 2008 U.S. Newswire. Provided by ProQuest LLC. All rights Reserved.