As we approach 2025, many companies are reevaluating their sustainability goals, with PepsiCo being one of them. Chief Sustainability Officer Jim Andrew discusses the company’s decision to revamp some of its sustainability targets, emphasizing the need to evolve with the changing times while maintaining a focus on sustainability.
One of the key principles guiding Pepsi’s sustainability goals revamp is to focus on transparency, pragmatism, and maximizing impact where it matters most. Andrew highlights the importance of staying grounded in science and incorporating learnings from external realities into their strategy.
While the shift in sustainability goals has received some criticism from environmental and advocacy groups, Pepsi remains committed to engagement and transparency. Andrew acknowledges the challenges they face and the need to adapt to external forces shaping their strategy.
In a recent interview, Andrew delves into the factors that influenced Pepsi’s decision to sunset certain goals, such as reuse, and explains the complexities surrounding achieving measurable progress in sustainability initiatives. The company remains dedicated to sustainable packaging strategies, including a focus on reusable, compostable, or recyclable materials.
When it comes to regenerative agriculture, Pepsi has set more ambitious targets to drive positive impact and support farmers in adopting sustainable practices. The company’s sustainability strategy takes into account various influences, including policymakers, consumers, and competitors, while balancing attention to different business lines.
Overall, Pepsi’s commitment to sustainability extends to both beverage packaging and food packaging, with a focus on increasing recycled content in their products and addressing the challenges associated with flexible film packaging. The company is dedicated to driving positive change and building a more resilient business for the future.