PepsiCo Announces 2030 Goal to Scale Regenerative Farming Practices Across 7 Million Acres, Equivalent to Entire Agricultural Footprint
Company s Efforts Estimated to Reduce At Least 3 Million Tons of Greenhouse Gas Emissions by the End of the Decade
PepsiCo s Positive Agriculture Ambition Additionally Targets to Improve Livelihoods of Those in its Agricultural Supply Chain, and Sustainably Source 100% of its Key Ingredients
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PURCHASE, N.Y., April 20, 2021 /PRNewswire/ PepsiCo, Inc. (NASDAQ:PEP) today announced a new, impact-driven Positive Agriculture ambition, anchored by a goal to
spread regenerative farming practices across 7 million acres, approximately equal to its entire agricultural footprint. The company estimates the effort will
PepsiCo announces ambitious sustainability targets PepsiCo has set ambitious 2030 sustainable farming and climate goals to cut its environmental impact, including an aim to source all its key ingredients sustainably.
Through the newly launched Positive Agriculture programme, the company is focusing on three core areas.
First, it has committed to spreading the adoption of regenerative farming practices across 7 million acres. The figure was approximately equal to 100% of the land used around the world to grow crops and ingredients for the company’s products, it said.
These efforts are estimated to lead to a net-reduction of at least three million tons of greenhouse gas (GHG) emissions by 2030. Furthering nearly a decade of progress with its Sustainable Farming Program (SFP) PepsiCo said it would continue to collaborate with farmers across 60 countries to adopt practices that would positively impact the land.
Does your portfolio have mutual funds that own fast-food or chain-restaurant stocks? How about paper products? Or food or snack companies? If it’s a broad-based stock index fund, the answer is almost certainly “yes.” And that means your portfolio includes companies potentially responsible in one way or another for one of the most pressing environmental calamities: deforestation.
In 2020, the World Wildlife Fund reported that the world lost 53% of forest wildlife between 1970 and 2018. Last year, while attention was focused on the coronavirus pandemic, the world lost 12% more primary forest than it had the year before, according to the World Resources Institute. And the IPCC’s 2018 Special Report on Climate Change and Land points out that agriculture, forestry, and other types of land use account for 23% of human greenhouse gas emissions a primary catalyst for climate change.
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PepsiCo Announces 2030 Goal to Scale Regenerative Farming Practices Across 7 Million Acres, Equivalent to Entire Agricultural Footprint
PepsiCo Announces 2030 Goal to Scale Regenerative Farming Practices Across 7 Million Acres, Equivalent to Entire Agricultural Footprint
Company’s Efforts Estimated to Reduce At Least 3 Million Tons of Greenhouse Gas Emissions by the End of the Decade.
Published 04-20-21
Submitted by PepsiCo
PURCHASE, N.Y., April 20, 2021 /CSRwire/ – PepsiCo, Inc. (NASDAQ:PEP) today announced a new, impact-driven Positive Agriculture ambition, anchored by a goal to
spread regenerative farming practices across 7 million acres, approximately equal to its entire agricultural footprint. The company estimates the effort will
The conservation of biodiversity, both within and outside of certified concessions, is a key outcome that the RSPO aims to achieve through its Principles and Criteria 2018.
With the aim of better understanding progress towards this outcome, the RSPO commissioned a study by Borneo Futures, a scientific consultancy, in late 2019. The study evaluates whether the RSPO certification processes can or have contributed to the protection of species and landscapes, and identifies opportunities for improvement.
The study acknowledged clear conservation benefits originating from well-established biodiversity management of plantations but could not conclusively attribute these to the RSPO certification. The authors pointed to the complexity of the RSPO biodiversity requirements for assessing, managing and monitoring High Conservation Value areas - which may necessitate costly, external technical expertise - as a potential explanatory factor.