How Green is Pepsi? $PEP
The Green Market Oracle
PepsiCo is committed to protecting the Earth’s natural resources through innovation and more efficient use of land, energy, water and packaging. The company’s Sustainability Reports detail PepsiCo’s governance andeconomic impacts, as well as achievements in human sustainability,environmental sustainability, and talent sustainability.
Earlier this year, PepsiCo UK produced its second environmental sustainability report. As reported in a MarketingWeek article, the report looked at climate change, agriculture, water use, itsproducts and how the company works with others to drive change withinthe business.
Since 2005, PepsiCo has also been committed togreening its vehcle fleet. As of 2009, the company had 1,250 hybridvehicles, which amounted to the second largest non-governmental fleet of hybrid vehicles in the US.
“Our commitment to hybrid companycars is part of our overall commitment to corporate sustainability andreducing our fuel consumption and greenhouse gas emissions,” said PeteSilva, director fleet procurement, PepsiCo.
The company’ssustainability policy includes steadily improving environmental, social, and economic aspects of the world in which it operates. Topping threeEPA lists (The Top 25; Fortune 500 Challenge; and “100 Percent GreenPower Purchaser”), PepsiCo will continue to add hybrids to its fleet.
Hybrid fleet models include Toyota Prius and Ford Escape and delivery trucks.Pepsi Co. owned, Frito Lay has electric delivery vans and they usehybrid refrigerated delivery trucks in select divisions.
PepsiCo has also worked with GreenDriver to train sales and delivery drivers on fuel-efficient driving techniques.
In addition to sustainable initiatives in its manufacturing of food anddrink the company plans to introduce FSC paper-based packaging to itsQuaker and Walkers brands within three years as part of its plan to make all packaging renewable, recyclable or bio-degradable by 2018.
For more information on PepsiCo’s sustainability efforts click here.
Original Article on The Green Market Blog
Richard Matthews is a consultant, sustainable investor, writer and owner of The Green Market Oracle, a leading sustainable business blog that covers the convergence of sustainable capitalism and the global environment.The Green Market is one of the most comprehensive resources for information and tools on sustainability. Follow The Green Market's twitter feed and see the Facebook Fan Page.
Richard is a contributor to more than 50 publications. Find him on Facebook and Linkedin.