PepsiCo Receives 2012 Stockholm Industry Water Award at World Water Week

8/28/2012 |
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STOCKHOLM, Aug. 28, 2012 /PRNewswire/ -- PepsiCo, Inc. (NYSE: PEP) today received the Stockholm Industry Water Award in recognition of the company's innovative and outstanding water stewardship initiatives. The award, given during World Water Week, honors the business sector's contribution to sustainable water management, improved performance in production, and innovative approaches in water process technologies.

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"PepsiCo is honored to accept this award from the Stockholm Industry Water Award Jury.  This prestigious award is validation of our water conservation efforts.   Reducing our water usage drives cost reductions and reduces our overall environmental footprint, and so we're innovating to make the most of every drop of water used," said Indra Nooyi, Chairman and CEO of PepsiCo.  "These water reduction efforts are part of our overall Performance with Purpose strategy, which includes our promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize our impact on the environment by conserving energy and water and reducing packaging volume; to provide a great workplace for associates; and to respect, support and invest in the local communities where the company operates."

PepsiCo was recognized for the unparalleled steps it has taken to conserve water across its business operations and agricultural supply chain including:

"PepsiCo has successfully reduced water consumption in its production, and extended its commitment beyond the company's own operations to help solve water challenges on a broad scale," the Stockholm International Water Institute (SIWI) Award Jury said when announcing the award. The jury added that, "PepsiCo's water commitment has not stopped at the factory walls," as the company has, "saved water all along its agricultural supply chain." 

PepsiCo is participating in numerous events focused on water stewardship and sustainable agriculture throughout World Water Week and is proud to recognize several of the PepsiCo Foundation's partners for their support in winning the award, including Water.org, the Columbia Water Center, Safe Water Network, China Women's Development Foundation and the Inter-American Development Bank.

Reducing water use in the company's agricultural supply chain was a key element to PepsiCo reaching its water reduction goal four years early. In recognizing PepsiCo's water stewardship efforts, SIWI cited the company's water management practices in its day-to-day operations, some of which include:

About PepsiCo
PepsiCo is a global food and beverage leader with net revenues of more than $65 billion and a product portfolio that includes 22 brands that generate more than $1 billion each in annual retail sales. Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world. PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize our impact on the environment by conserving energy and water and reducing packaging volume; to provide a great workplace for our associates; and to respect, support and invest in the local communities where we operate. For more information, please visit www.pepsico.com.

About the Stockholm Industry Water Award
The Stockholm Industry Water Award honors the business sector's contribution to sustainable water management. It recognizes improved performance in production processes, new products, and management, as well as innovative approaches in water and wastewater process technologies which together help to improve the world water situation. The Award was established in 2000 by the Stockholm International Water Institute in collaboration with the Royal Swedish Academy of Engineering Sciences and the World Business Council for Sustainable Development. For more information, visit http://www.siwi.org/siwa.

SOURCE PepsiCo, Inc.