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Corporate Social Responsibility
News
3.22.2007 - 11:05am ET
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EPA Names PepsiCo 2007 Energy Star(R) Partner of the Year
PepsiCo earns award for protecting the environment through energy efficiency
(CSRwire) Purchase, NY (March 22, 2007) – The U.S. Environmental Protection Agency
(EPA) has named PepsiCo (NYSE: PEP) as a 2007 ENERGY STAR Partner of the
Year for outstanding energy management and reductions in greenhouse gas
emissions, and the agency honored the company yesterday at an awards
ceremony in Washington, D.C.
PepsiCo's smart energy management practices and investments throughout its
operations resulted in significant energy and financial savings. Its 2006
energy conservation efforts correspond to the removal of 195 million
pounds of CO2 emissions from the atmosphere.
"Energy management is a critical part of our day-to-day operations," said
Rob Schasel, PepsiCo director of energy. "In 2006, our Frito-Lay North
America division was named Partner of the Year, and we are building on
that momentum by expanding the scope of the program to all PepsiCo
facilities in the United States.
"Now more than ever, energy efficiency is just smart business. Through our
partnership with ENERGY STAR, we see the ongoing fiscal and environmental
benefits of superior energy management," Schasel said.
Last year alone, with the help of ENERGY STAR, Americans saved $14 billion
on their energy bills and reduced greenhouse gas emissions equivalent to
those of more than 25 million vehicles.
The 2007 Partner of the Year Awards recognize efforts to use energy
efficiently in facility operations and to integrate superior energy
management into overall organizational strategy. The award winners are
selected from thousands of organizations that participate in the ENERGY
STAR program.
Across the United States, top companies and organizations are continuing
to promote strategic energy management through participation in ENERGY
STAR.
“The success of PepsiCo in proactively managing their energy use is a
model for businesses across the country,” said Bill Wehrum, acting
assistant administrator for EPA's Office of Air and Radiation. “Because
buildings contribute about 20 percent of our national greenhouse gas
emissions, effective energy management helps the bottom line and protects
our environment.”
About PepsiCo
PepsiCo is one of the world's largest food and beverage companies, with
2006 annual revenues of more than $35 billion. Its principal businesses
include: Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks,
Tropicana juices and Quaker foods. Its portfolio includes 17 brands that
generate $1 billion or more each in annual retail sales.
About ENERGY STAR
ENERGY STAR was introduced by the U.S. Environmental Protection Agency in
1992 as a voluntary market-based partnership to reduce greenhouse gas
emissions through increased energy efficiency. Today, ENERGY STAR offers
businesses and consumers energy-efficient solutions to save energy, money
and help protect the environment for future generations. More than 9,000
organizations are ENERGY STAR partners committed to improving the energy
efficiency of products, homes and businesses. For more information about
ENERGY STAR, visit www.energystar.gov or call toll-free
1-888-STAR-YES (1-888-782-7937).
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