March 21, 2011
U.S. Environmental Protection Agency Recognizes PepsiCo as 2011 Partner of the Year With Sustained Excellence
PURCHASE, N.Y., March 21, 2011 /PRNewswire/ -- The U.S. Environmental Protection Agency (EPA) recognized PepsiCo (NYSE: PEP) as a 2011 Partner of the Year with Sustained Excellence, the highest ENERGY STAR honor awarded. PepsiCo and other honorees will be recognized at an awards ceremony in Washington, D.C. on April 12, 2011.
This award recognizes PepsiCo for its continued leadership in protecting the environment through energy efficiency. PepsiCo has been an ENERGY STAR partner since 2004, and is being recognized as a Partner of the Year for the fifth consecutive year, and with "Sustained Excellence" for the fourth consecutive year.
"PepsiCo has earned EPA's highest ENERGY STAR award - the 2011 Sustained Excellence Award," said Elizabeth Craig, Acting Director of EPA's Office of Atmospheric Programs. "PepsiCo's long term leadership and commitment to energy efficiency demonstrates the types of accomplishments that we can all achieve in reducing greenhouse gas emissions and protecting our global environment. We look forward to their continued partnership and leadership."
In line with PepsiCo's commitment to Performance with Purpose - its mission to deliver sustainable growth by investing in a healthier future for people and our planet - the company is continually working to address the issue of climate change, from scaling up its use of renewable fuel sources to reducing energy consumption. To date, the company is on track to meet the goals it announced in April 2010 to reduce PepsiCo's carbon footprint in its operations, including:
- improving electricity use efficiency by 20 percent per unit of production by 2015;
- reducing fuel use intensity by 25 percent per unit of production by 2015;
- committing to a goal of reducing greenhouse gas intensity for U.S. operations by 25 percent through a partnership with the U.S. Environmental Protection Agency Climate Leaders program; and
- committing to an absolute reduction in greenhouse gas emissions across global operations.
"As a global food and beverage business, PepsiCo, and its global associates, recognize our responsibility to minimize the impact we have on the environment," said Rob Schasel, Director, Energy and Resource Conservation at PepsiCo. "We are incredibly proud to accept the EPA's highest ENERGY STAR award in recognition of that commitment, and will continue to deliver innovative thinking that drives energy efficiency across our operations."
The 2011 Sustained Excellence Awards are given to a select group of organizations that have exhibited outstanding leadership year after year. Winners have reduced greenhouse gas emissions by setting and achieving aggressive goals, employing innovative approaches and showing others what can be achieved through energy efficiency. Award winners are selected from more than 17,000 organizations that participate in the ENERGY STAR program.
To download high-resolution logos, and/or related video and images, visit multimedia.pepsico.com.
PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands, including 19 different product lines that generate more than $1 billion in annual retail sales each. Our main businesses -- Quaker, Tropicana, Gatorade, Frito-Lay, and Pepsi Cola -- also make hundreds of other enjoyable and wholesome foods and beverages that are respected household names throughout the world. With net revenues of approximately $60 billion, PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize our impact on the environment, including by conserving energy and water usage, and reducing packaging volume; to provide a great workplace for our associates; and to respect, support, and invest in the local communities where we operate. For more information, please visit www.pepsico.com.
About ENERGY STAR
ENERGY STAR was introduced by EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions and other pollutants associated with energy use. Today, the ENERGY STAR label can be found on more than 60 kinds of products as well as new homes and buildings. Last year alone, Americans, with the help of ENERGY STAR, saved $18 billion on their utility bills and prevented greenhouse gas equivalent to those of 34 million cars. Products, homes and buildings that have earned the ENERGY STAR prevent emissions by meeting strict energy-efficiency specifications set by the EPA. For more information, go to energystar.gov.