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STOCKHOLM — PepsiCo has been named the recipient of the 2012 Stockholm Industry Water Award.
According to a press release, 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 Industry Water Award jury recognized PepsiCo''s efforts to increase water efficiency.
The company conserved nearly 16 billion liters of water in 2011, from a 2006 baseline, through the application of water saving equipment and technologies, creative recycling and re-use, and by deploying a water management system throughout its manufacturing facilities.
PepsiCo has set and achieved a high standard for its own operations, and has demonstrated that responsible water use makes good business sense, the jury said.
PepsiCo''s water commitment has not stopped at the factory walls. By assisting farmers in growing more water efficient crops, implementing better agricultural practices and irrigation techniques, and by supporting watershed management initiatives, PepsiCo has saved water all along its agricultural supply chain. In 2009, PepsiCo was among the first large companies in the world to recognize and to formally adopt the human right to water. The company has established numerous public-private partnerships and collaborations, which have increased access to safe water and sanitation services around the globe.
PepsiCo is incredibly proud to win this prestigious award. As a global food and beverage company, we take a comprehensive approach to water stewardship throughout our supply chain and operations. We are proud to work with a variety of exceptional partners that help us reach aggressive water stewardship goals, said Rich Delaney, Senior Vice President of Operations for PepsiCo.
PepsiCo will receive the Stockholm Industry Water Award on August 28 at a ceremony during the World Water Week in Stockholm.