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Corporate Social Responsibility
News
4.22.2008 - 08:33am ET
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PepsiCo Honored With 2008 Energy Star Partner of the Year Award For Its Leadership in Environmental Sustainability
Environmental Protection Agency Taps PepsiCo With Sustained Excellence Recognition
(CSRwire) PURCHASE, NY - April 22, 2008 - PepsiCo was honored with the Environmental
Protection Agency's (EPA) 2008 Energy Star Partner of the Year Award for
its commitment to reduce greenhouse gas emissions through energy
efficiencies. In addition, the company received the EPA's Sustained
Excellence recognition, which is reserved for businesses that have shown a
high level of commitment to improving energy efficiency over several
years.
PepsiCo is recognized as one of the world's leaders in managing energy as
part of advancing the company's environmental goals of reducing water,
electricity and fuels consumption.
"Managing energy efficiently is a central part of PepsiCo's long-term
business and environmental strategies. Energy Star is the industry
standard in the U.S. for a successful energy management system, and we are
honored to be recognized by them and the EPA for our commitment. As
PepsiCo's energy management efforts evolve, the company will continue to
work hand-in-hand with the EPA and Energy Star," said Rob Schasel,
PepsiCo's director of energy and utilities.
Many of PepsiCo's programs help address the global climate crisis,and
include improvements in efficient use of energy, encouragement of
renewable sources of energy and water reduction and reuse programs. Key
actions include:
- PepsiCo's landmark purchase of Renewable Energy Certificates.
- PepsiCo facilities are increasingly putting in place measures to reduce
the amount of energy used to produce food and beverage products. These
measures include the installation of Energy Star rated equipment, energy
efficient motors and energy efficient windows and skylights to enhance
natural lighting.
- PepsiCo facilities have installed variable frequency drive systems,
which allow efficient energy use and thermal regeneration systems to
capture waste heat. The company performs periodic energy audits to find
opportunities to continuously improve its energy efficiency.
- By adhering to EPA's Guidelines for Energy Management, all manufacturing
facilities are accountable for contributing to the overall corporate energy
goal.
- PepsiCo incorporated environmental sustainability criteria into its
Capital Expenditure Filter and all capital expenditure requests of more
than $5 million are reviewed for impact on water and energy use. The goal
is to incorporate sustainability aspects in projects right from the start
and track sustainability-related capital spend across PepsiCo.
The EPA has also recognized PepsiCo, which is an EPA Climate Leaders
Partner, as the largest Green Power purchaser in the country.
PepsiCo (NYSE: PEP) is one of the world's largest food and beverage
companies, with 2007 annual revenues of more than $39 billion. The Company
employs approximately 185,000 people worldwide, and its products are sold
in approximately 200 countries. Its principal businesses include:
Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana
juices and Quaker foods. The PepsiCo portfolio includes 18 brands that
generate $1 billion or more each in annual retail sales. PepsiCo's
commitment to sustainable growth, defined as Performance with Purpose, is
focused on generating healthy financial returns while giving back to
communities the Company serves. This includes meeting consumer needs for a
spectrum of convenient foods and beverages, reducing the Company's impact
on the environment through water, energy and packaging initiatives, and
supporting its employees through a diverse and inclusive culture that
recruits and retains world-class talent. As a member of the Dow Jones
Sustainability World Index (DJSI) and the Dow Jones Sustainability North
America Index (DJSI North America), PepsiCo is a recognized leader in
sustainability. For more information, please visit www.pepsico.com.
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