• Regenerative practices expanded across 3.5 million acres of farmland toward 2030 target of 10 million acres
• 89% of company-owned operations powered by renewable electricity, cutting Scope 1 and 2 emissions by 18% since 2022
• Surpassed 2025 sugar and sodium reduction goals a year early, reshaping beverage and food portfolios

PepsiCo has released its 2024 ESG Summary, highlighting progress against its PepsiCo Positive (pep+) sustainability and nutrition strategy. Introduced in 2021, pep+ embeds sustainability across the company’s operations, guiding growth and resilience through agriculture, water, packaging, climate, and nutrition initiatives.

“pep+ is not a sustainability strategy. It’s an ongoing transformation that powers our whole business, from innovation to production, marketing to distribution,” said Ramon Laguarta, PepsiCo Chairman and Chief Executive Officer. “Since then, we have worked towards creating value for our shareholders, customers and communities, while aiming to make PepsiCo more resilient and overcome systemic barriers that limit progress.”

The company reported key 2024 milestones:

• Agriculture: Regenerative, restorative, or protective practices reached 3.5 million acres, progressing toward a 2030 goal covering 10 million acres.
• Climate: 89% of global electricity needs for company-owned operations met with renewables, equivalent to about 3,900 GWh. Scope 1 and 2 greenhouse gas emissions fell 18% from 2022 levels.
• Water: Replenishment projects returned more than 24 billion liters to local watersheds, covering roughly 75% of water used at manufacturing sites in high-risk areas. Since 2006, PepsiCo has helped 96 million people gain access to safe water.
• Packaging: Virgin plastic tonnage in key markets dropped 5% year-on-year, while recycled plastic made up 15% of packaging.
• Nutrition: 67% of PepsiCo’s beverage portfolio now contains fewer than 100 Calories from added sugars per 12 oz. serving, and 77% of convenient foods meet sodium reduction goals — both targets achieved ahead of 2025.

RELATED ARTICLE: PepsiCo Doubles Regenerative Farming Footprint to Over 1.8 Million Acres: 2023 PepsiCo ESG Report

“Our progress in 2024 shows that when we embed sustainability into the heart of our company, we not only help strengthen our communities and our planet, we also make our business more resilient,” said Jim Andrew, PepsiCo Executive Vice President and Chief Sustainability Officer. “At the same time, we know our sustainability journey will not always be linear. To overcome obstacles, the world needs more collaboration and engagement from business, governments and civil society.”

The ESG Summary is part of PepsiCo’s 2024 ESG Reporting Suite, alongside the ESG Topics A–Z library and Data Hub, which track the company’s evolving goals. Updated in May 2025, PepsiCo refined its pep+ ambitions to sharpen focus on agriculture, climate, water, and packaging, aligning resources with business growth and global sustainability needs.

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