2020 Sustainability Report: Focus Areas
PepsiCo’s broad portfolio includes an expanded range of products that are better for people and better for our planet.
PepsiCo aims to provide consumers with nutritious and great-tasting food and beverages that are convenient and meet their lifestyle needs. We strive to leverage the power of our brands to drive positive changes for society and our planet. We consider the environmental impact of every new product developed through our Sustainable from the Start program.
Our product sustainability goals are to reduce added sugars in many of our beverages and sodium and saturated fats in many of our food products so that people can continue to enjoy our most-loved brands as part of a balanced diet.
We are continuing to build our portfolio of products featuring easy-to-understand nutritional labeling, reduced added sugars, sodium and saturated fat.
“Partnership for a Healthier America and PepsiCo are working together to make the healthy choice the easy choice for American families. PepsiCo is an industry leader in offering better-for-you options, and we are proud to partner with them as they continue to make progress toward meeting their commitment to reduce added sugars, sodium and saturated fat.”
President & CEO
Partnership for a Healthier America
See our products goals & progress
More Choices with Reduced Added Sugars, Sodium and Saturated Fat
PepsiCo product reformulations, including reducing added sugars, sodium and saturated fat, are based on the PepsiCo Nutrition Criteria, a set of science-based nutrition guidelines for our product developers that inform the transformation and diversification of our portfolio. These criteria define maximum thresholds for the nutrients we aim to limit and minimum levels for the nutrients and food groups we want to encourage.
Pepsi Zero Sugar (also known as Pepsi MAX and Pepsi Black in some markets), which proved its popularity with double-digit volume growth in 2020, is now available in 118 global markets. In North America specifically, Gatorade Zero continued to grow, exceeding $1 billion in estimated retail sales value in 2020, while bubly, Pepsi Zero Sugar and Mountain Dew Zero Sugar cumulatively delivered more than $750 million in estimated retail sales value during 2020.
Already the global leader in baked savory snacks, our Baked product line is now available in 27 markets around the world and continues to lead through innovation. Baked snacks bring consumers great tasting snacks with less fat than regular potato chips and cheese-flavored snacks and extends across multiple PepsiCo brands, including Baked Lay’s and Baked Cheetos.
As of 2020, 64% of our foods portfolio volume in our top 23 foods markets met our 2025 sodium reduction target, progress toward our goal of 75% of our foods portfolio volume not exceeding 1.3 milligrams of sodium per Calorie by 2025.
PepsiCo continues to develop innovative products that deliver consumers improved nutritional profiles, convenient portions for on-the-go and, as always, deliver great taste.
Expanding Our Portfolio
Partnerships and Acquisitions
PepsiCo acquires exciting new brands and invests in strategic partnerships to offer more choices and help meet consumer demand for flavor and convenience as part of a balanced diet.
A partnership for plant-based protein products
In early 2021, PepsiCo joined forces with Beyond Meat, Inc. to launch The PLANeT Partnership, a joint venture to develop, produce and market innovative snack and beverage products made from plant-based protein. The partnership will leverage Beyond Meat's leadership in plant-based protein development, tapping into growing consumer demand for plant-based proteins that are better for the planet.
Acquisition of snack innovator BFY Brands
PepsiCo expanded its portfolio of sustainably grown and made products in 2020 when BFY Brands joined the PepsiCo family. BFY is the maker of PopCorners snacks and FLEX Protein Crisps. FLEX Protein Crisps offer consumers 10 grams of plant-based protein per serving. Innovative products like these provide convenient and more positive nutritious options for consumers.
Pioneer Foods acquisition to enable expansion in Africa
Our acquisition of Pioneer Foods brought together two like-minded companies focused on building a more sustainable future and investing in communities. Pioneer Foods’ locally relevant product portfolio is a strong complement to our current product line in the region, with strong positions in cereals, juices and other nutritional food staples important in a balanced diet, including well-known brands like Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko and White Star. The acquisition will benefit local suppliers and enable expansion of our Sustainable Farming Program in Africa.
Be & Cheery online snacks
In 2020, we acquired Be & Cheery, one of the largest online snack companies in China, with product offerings across nuts, dried fruits, meat snacks, baked goods and confectionery.
Consumers are seeking to include more plant-based foods in their diets to support their goals related to personal health and a more sustainable planet. There is a growing awareness among consumers that certain plant-based diets can be associated with improved nutrition and better health including heart and digestive health. Additionally, consumers changing their diets to include a greater proportion of plant-based foods can be a meaningful step toward a more sustainable food system.
Through brands like Quaker, Off the Eaten Path, Sabra, Alvalle and Naked Juice, PepsiCo offers consumers plant-based options, and we’ve also made prior acquisitions in the space like Bare Snacks and Health Warrior.
By partnering with Beyond Meat, Inc. to launch The PLANeT Partnership, we will continue the plant-based protein development, tapping into growing consumer demand for plant-based proteins that are better for the planet.
PepsiCo continues to use the power of our brands to support initiatives that aim to make a positive impact on people and the planet. These are some notable examples from 2020:
PepsiCo joins COVID-19 response effort
In response to Global Citizen’s global One World: Together At Home campaign, The PepsiCo Foundation committed $7 million, including a $2 million contribution to the COVID-19 Solidarity Response Fund. One World: Together At Home raised a total of $127.9 million, through a historic global broadcasting event featuring Lady Gaga. Pepsi also worked with Global Citizen in the lead up to One World: Together At Home to support with a range of design, creative and paid media resources.
Lipton influencers help drive recycling effort
Our Lipton Iced Tea brand highlighted the relaunch of its new 100% rPET bottle with disruptive social media campaigns featuring well-known influencers on Instagram, YouTube and TikTok, promoting recycling as a cool and easy gesture rooted in everyday Gen Z life. In France, the hashtag #LiptonGenerationTri, which translates to “generation sorting,” kicked off with popular TikTok creators, calling on followers to show off their most creative interpretations of recycling and sorting trash.
Agusha provides aid for special needs children
In Russia, PepsiCo’s Agusha brand partnered with the Naked Hearts Foundation on the #Rightforhappiness campaign to support families of children with developmental needs. The effort will raise funds for early help programs for special needs children, and includes a large-scale informational campaign to attract attention to the problem and reduce stigma in society.
LIFEWTR launches “Black Art Rising” online exhibition
PepsiCo’s premium water brand LIFEWTR has a history of amplifying social progress through art. In 2020, the brand launched a digital exhibition, Black Art Rising, which documents diverse responses to the Black Lives Matter movement, and established the $50,000 Black Art Rising Fund to offset supply costs for emerging Black artists.
Black Art Rising features art from eight creators at the forefront of racial justice, including Tobe Nwigwe, Temi Coker and Reyna Noriega. Conceived as an “infinite” digital gallery in the sense that it will continue to grow as the works of additional artists are added, the exhibition was designed to preserve this moment in time while keeping public attention focused on the issue of racial justice. To reinforce that goal, LIFEWTR called upon everyday creators to share original artwork for the chance to be included in the infinite digital gallery.
Mentoring women in the food and beverage industry
Stacy's Rise Project, the grant and mentorship program created by Stacy's Pita Chips to advance female founders, returned in 2020 and committed to helping even more women rise. According to a recent survey commissioned by the Stacy’s Rise Project, 73% of female entrepreneurs who had a mentor reported they were more likely to feel equipped with the resources needed to grow their business, yet 53% had not had that advantage. In 2020, the program said it would provide grants of $10,000, along with professional advertising services and executive access to advance female entrepreneurs. The class of 2020 all incorporated social impact and philanthropy within their business plans.
Keeping girls in the game
In early 2021, the Gatorade Women’s Advisory Board was formed with the aim to keep more girls in the game and help drive continuous change for women and girls in sports by addressing the societal and cultural barriers that contribute to the attrition of females in sports and an ongoing decline in participation. Additionally, the Gatorade Women’s Advisory Board will provide counsel on brand initiatives to better serve female athletes.
1. Third-party limited assurance provided. 2020 results reflect the inclusion of the SodaStream, Rockstar and Pioneer Foods portfolios.
2. Third-party limited assurance provided. 2020 results reflect the inclusion of the Pioneer Foods and BFY portfolios.