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PepsiCo launches 2025 sustainability agenda to foster business growth
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Thursday, 20 October, 2016, 08 : 00 AM [IST]
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New York
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fiogf49gjkf0d PepsiCo, Inc announced an ambitious 2025 global sustainability agenda designed to foster continued business growth in a way that responds to changing consumer and societal needs.
The company's efforts, which focus on creating a healthier relationship between people and food, include specific goals to continue transforming its food and beverage product portfolio, contribute to a more sustainable global food system and help make local communities more prosperous.
These new initiatives continue PepsiCo’s decade-long commitment to delivering Performance with Purpose, a pioneering vision launched in 2006 rooted in the fundamental belief that business success is inextricably linked to the sustainability of the world we share.
“To succeed in today’s volatile and changing world, corporations must do three things exceedingly well: focus on delivering strong financial performance, do it in a way that is sustainable over time and be responsive to the needs of society,” said Indra Nooyi, chairman and chief executive officer, PepsiCo.
“The first ten years of PepsiCo's Performance with Purpose journey have demonstrated what is possible when a company does well by also doing good. We have created significant shareholder value, while taking important steps to address environmental, health and social priorities all around the world,” she added.
“PepsiCo's journey is far from complete, and our new goals are designed to build on our progress and broaden our efforts,” Nooyi said.
“We have mapped our plans against the United Nations Sustainable Development Goals, and we believe the steps we are taking will help lift PepsiCo to even greater heights in the years ahead. Companies like PepsiCo have a tremendous opportunity - as well as a responsibility - to not only make a profit, but to do so in a way that makes a difference in the world,” she added.
Products PepsiCo’s ambition is to enable better nutrition at scale by continuing to develop a broader portfolio of food and beverage choices and increasing access to great-tasting, nutritious options.
Informed by the latest dietary guidelines of the World Health Organisation (WHO) and other authorities, the company will continue to refine its food and beverage choices to meet changing consumer needs by reducing added sugars, saturated fat and sodium levels in its product portfolio.
The company has set the following goals for 2025: • At least two-thirds of its global beverage portfolio volume will have 100 calories or fewer from added sugars per 12oz serving • At least three-quarters of its global foods portfolio volume will not exceed 1.1g of saturated fat per 100 calories • At least three-quarters of its global foods portfolio volume will not exceed 1.3mg of sodium per calorie • The rate of sales growth of what the company refers to as everyday nutrition products will outpace the rate of sales growth in the balance of PepsiCo's portfolio. Everyday nutrition products include those that deliver whole grains, fruits and vegetables, dairy, protein and hydration • It will provide access to at least three billion servings of nutritious foods and beverages to underserved communities and consumers
The company also reaffirms its commitment to deliver on its global labelling and responsible advertising to children policies. PepsiCo has and will continue to support industry actions in these areas.
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