PepsiCo Leverages Public-Private Partnerships to Make More Sustainable Food

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PepsiCo Leverages Public-Private Partnerships to Make More Sustainable Food

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Summary

Tara Acharya, Director of Global Health and Agriculture Policy at PepsiCo, discusses the lessons learned through Performance with Purpose. These include: hiring the best staff; establishing public-private partnerships and launching small-scale pilots; securing the support and guidance of stakeholders; and finding new forms of measurement.

Friday, November 11, 2011 - 1:00pm

Consumers today want healthier food that has minimal impact on the environment.  The reality, however, is that agriculture is one of the biggest contributors to both carbon and water footprints. As PepsiCo introduces more nutritious foods into our product portfolio, we understand that could mean an increase in our environmental footprint.

As part of Performance with Purpose – our mission to deliver sustainable growth by investing in a healthier future for people and our planet – we have committed to a number of ambitious nutrition and environment sustainability goals.  Making this a practical reality is complex, but following are some thoughts on what we have learned so far, on our journey:

Establish public-private partnerships and launch small-scale pilots.

Public-private partnerships bring together diverse expertise that can help companies to break new ground.

For instance, PepsiCo and the PepsiCo Foundation recently announced a public-private partnership with the World Food Programme (WFP) and USAID to dramatically increase chickpea production and promote long-term nutritional and economic security in Ethiopia.  The partnership will introduce the application of more modern agricultural practices, which advances healthy nutrition in the region while supporting local economic growth and PepsiCo’s short- and long-term financial performance.

 

About PepsiCo 
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 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.

PEPSI18580

Keywords: Responsible Production & Consumption | Pepsico | Sustainability | Tara Acharya | agriculture | carbon footprint | enviroment

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