Water is one of the critical factors of ESG (Environment, Social, and Governance). Fresh and clean water is increasingly endangered despite being considered a plentiful renewable resource mainly due to population growth and economic activity leading to an increase in water demands and pollution.
According to United Nations, if current consumption and production patterns do not change, there will be a 40% shortfall in water supply by 2030. Companies are expected to face increased scrutiny such as limits on water withdrawal and tight regulations over their water use as global water resources face increased stress.
Groundwater is withdrawn by industries such as manufacturing, mining, oil and gas, energy and utilities, and construction. Apparel and food & beverage industries are highly dependent on groundwater through supply chains. According to Aquastat, 19% of global freshwater withdrawals come from industry and energy.
In terms of water withdrawal, the beverage and bottled mineral water sectors need to be careful because groundwater is a raw material for them. Globally, food and beverage companies face disputes with local communities over the amount of groundwater that can be withdrawn without depleting local resources.
PepsiCo Inc (PepsiCo) is a manufacturer and marketer of non-alcoholic beverages and food products. The company’s product portfolio comprises potato chips, cereals, oatmeal, rice, pasta, rice cake, packaged water, sports and energy drinks, juice, and fountain syrups. It markets these products under various brands, including Pepsi, Pepsi Max, Mountain Dew, Lay's, Frito-Lay, Gatorade, Quaker, and Yachak.
In 2021, PepsiCo withdrew 85.94 million cubic meters of water, an increase of around 3.9% over 2020. The increase can be explained by both an uplift in beverage and foods volumes produced by 4% each versus 2020 and the ongoing challenges that the pandemic has caused in relation to process interruptions, and more startups/shutdowns with associated cleaning and sanitation requirements.
The company discharged 56.83 million cubic meters of water approximately 4% more from 2020. In the same year, PepsiCo’s total water consumption was 29.11 million cubic meters, an increase of 3.5% over 2020 which can be attributed to an increase in beverages produced in 2021. The company aims to become Net Water Positive by 2030.
Switzerland
United States of America
United Kingdom
Belgium
United States of America
United States of America
Netherlands
Netherlands
France
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer