PepsiCo launches innovations, partnerships to reach 2030 net water positive goals
As part of its pep+ (PepsiCo Positive) transformation, PepsiCo Inc. announced several new innovations, investments and partnerships to progress against its ambition to be net water positive by 2030, aiming to replenish more water than the company uses. This includes developing a new technology to recover more than 50% of the water used in its potato chip manufacturing, investing nearly $2 million for the Colorado River Basin, extending safe water access to 8 million more people in 2021, and signing a new partnership to scale a groundbreaking drip irrigation technology across 10,000 hectares (25,000 acres) by 2025.
"PepsiCo has just nine years to reach our ambitious 2030 Net Water Positive goals, so there is no time to waste," said Jim Andrew, chief sustainability officer at PepsiCo. "We're taking a look at our full value chain, from top to bottom, and asking, how can we leverage the innovation and creativity that exists within our company to ensure that the water resources PepsiCo uses are better off a decade from now than they are today?"
Since the company's net water positive announcement in August 2021, more than a dozen new programs have been created to advance the company's water-use efficiency, replenishment and safe water access efforts.
New technology recovers more than 50% of water used in potato chip manufacturing
PepsiCo's global research and development team has successfully proven a groundbreaking method for condensing and treating the steam evaporated from its fryers to recover more than 50% of the water used in potato chip manufacturing lines. The energy recovered from the condensation can also be used for other manufacturing purposes, such as cooling part of the plant or converting it to electricity, reducing the plant's energy needs.
PepsiCo has fully implemented this technology at its facility in Kolkata, India, where the proof-of-concept showed the approach could save ~60 million liters of water a year. Over the next seven years, the technology is expected to be adopted at nearly 30 potato chip manufacturing plants in high-water-risk areas.
Nearly $2 million in investments for the Colorado River Basin
PepsiCo's North American businesses are partnering with the non-profit Trout Unlimited to reestablish connectivity between two segments of the Colorado River that had been blocked by the Windy Gap Reservoir near Denver, Colorado. By constructing a mile-long channel to bypass the Windy Gap Reservoir, the initiative is expected to restore perennial flows throughout the river, create 18 acres of new wetlands, restore 50 acres of riverside habitat, and replenish approximately 380 million gallons of water per year.
PepsiCo is also making a founding investment in the Colorado River Basin Fund, a $5 million "future of water" venture capital fund focused on incubating technology solutions to address water scarcity in this critical watershed.
Expanded safe water access to additional 8 million people in 2021
In 2021, the PepsiCo Foundation expanded the reach of its safe water access program by an additional 8 million people. Since the effort began in 2006, the company has helped provide safe water access to approximately 68 million people, with a goal of reaching 100 million by 2030. To continue to advance this goal, the Foundation is granting $1.5 million over three years to two new water stewardship programs in Latin America and Nigeria.
Partnered with N-Drip to scale unique drip irrigation technology
PepsiCo has piloted Israeli-headquartered N-Drip's technology in India, Vietnam, and the U.S., and saw improved crop yields, reduced fertilizer usage, and 50% less water consumed compared to flood irrigation. Together the companies aim to help farmers adopt the technology across 10,000 hectares (25,000 acres) by 2025.
