Keurig Dr Pepper announces aspiration for net positive water impact by 2050
In celebration of World Water Day, Keurig Dr Pepper announced the company's aspiration to achieve net positive water impact by 2050 and has joined the Water Resilience Coalition (WRC). The WRC is an industry-driven coalition of the UN Global Compact CEO Water Mandate that aims to elevate global water stress and its connection to climate change to the top of the corporate agenda and preserve the world's freshwater resources through collective action and ambitious, quantifiable commitments.
"As a beverage company dependent on water at all levels of our value chain, we have a unique opportunity to develop and support leading solutions to local and global water challenges. We are excited to join the WRC and, through collective action, scale the work we have underway to build healthy communities resilient to climate change," said Bob Gamgort, chairman and CEO of Keurig Dr Pepper.
KDP's established water stewardship approach accounts for water use across its value chain by focusing on replenishment to address the quality of and access to water in its highest water risk areas. KDP's latest aspiration for net positive water impact by 2050 builds on existing commitments, which include:
- Replenish 100% of water used for its beverages in the company's highest water-risk operating communities by 2030, an extended timeline to reflect the addition of new communities in 2022.
- Improve water use efficiency in its operations by 20% by 2025.
- Support regenerative agriculture and conservation on 250,000 acres of land by 2030, representing 50% of the land used to grow KDP's top climate-sensitive crops.
The company will be publishing its 2021 Corporate Responsibility Report on its website in summer 2022.
