As part of its pep+ (PepsiCo Positive) transformation, PepsiCo Inc. announced several new innovations, investments and partnerships toward 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?"