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According to the 2024 ESG report, PEPSICO reduced the use of virgin plastics by 5% in 2024, and according to the 2024 ESG report released Thursday, the annual target was exceeded 2%. This is the first report of a consumer package product company, which details the development of the newly modified sustainability goal announced in May.
JIM Andrew’s highest sustainability officer said that this spring, the company wants to be transparent to change and publicly discussing reasoning. Andrew announced the PEPSICO POSITIVE (PEP+) Sustainability Program in 2021, “We have learned a lot and the world has experienced a lot of changes, so we wanted to integrate our learning and external reality.
The target update follows the PEPSICO flag in the 2023 ESG report last year.
The packaging is one of the main sustainability focusing areas of the company, and the new ESG report is based on the vision of creating a world where the sustainable packaging approach is not wasted. The company’s vision focuses on three core creeds: reduction, recycling and re -creation.
Plastic adjustment
In May, PEPSICO has stopped the goal of decreasing the absolute number of virgin plastics derived from the source that is impossible by 2030. Instead, we will reduce the virgin plastics by 2% annually by 2030 and take a look at the key plastic packaging. market. In 2024, the use of virgin plastics decreased by about 5%, the report said.
In the past, the company struggled to reduce the use of virgin plastics. In 2023, the number of virgin plastics derived from the unsupported sauce increased 11%.
By 2035, PEPSICO reached about 15% in 2024 for a new goal that uses more than 40% recycling content for plastic packaging. The previous goal was 50%by 2030. The company reported 20%of progress, which rose from 7%in 2023 in 2023.
Reuse, recyclable and composting power generation
This spring, PEPSICO also made an official goal of reusable packaging. By 2030, it offers 20%of all drink serving sold through reusable models, but plans to keep track of the possibility of reuse in the portfolio. For example, according to a sustainability report, the participation of the company participating in the Petaluma Reuse Cup project in California in 2024 shows that 200,000 cups were collected for reuse in the entire city pilot project.
Other reusable tasks include selling reusable glass and plastic bottles to consumers.
Another modified goal is that by 2030, more than 97% of PEPSICO packaging is reused, recyclable or compostable (RRC). In 2024, the first and second packaging in the major packaging market reached 93%. The original goal was to be 100% recyclable, composting, biodegradable or reused packaging by 2025.
Some RRC work in 2024 included changing the colors of Pakistan’s mountain dew from dark green to light green to match local recycling standards. Converted from the entire failure contraction label to the partial floor rap label for the PEPSI BLACK in China; And PEPSICO introduces the first 100% recycling pet collection in Taiwan as 7UP.
Reduction
The company also reported emission data. Compared to the baseline in 2022, we recorded 18% progress in 2024 to achieve a 50% reduction in Scope 1 and 2 emissions by 2030. This goal before May has decreased 75% by 2030.
In 2024, PEPSICO reported 12% of progress to achieve a goal to reduce three energy and industrial emissions by 42% by 2030, compared to the baseline in 2022. This goal was to achieve a 40% decrease by 2030 compared to the 2015 baseline, and the three emission categories were combined with one measurement item.
