Press Release

PepsiCo Announces Strategic End-to-End Transformation:
pep+ (PepsiCo Positive)

Strategic end-to-end transformation to drive sustainable long-term value and competitive advantage. Three pillars of pep+ drive action and industry-leading 2030 goals, including:

Brand Provided | By PepsiCo | Published 3 years ago | About a 1 minute read

Positive Agriculture:

Spreading regenerative practices to restore the Earth across the company’s entire agricultural footprint, approximately 7 million acres

Positive Value Chain:

Achieving Net-Zero emissions by 2040;
Becoming Net Water Positive; and
New goals to improve packaging sustainability, including reducing virgin plastic per serving by 50% and bold new goals from Pepsi and Frito-Lay brands

Positive Choices:

Leveraging the scale and reach of its global brands to drive positive impact at scale;
Evolving its portfolio into spaces that are better for the planet and people, including plant-based proteins, nuts & seeds and whole grains; and
Expanding its SodaStream business, now expected to avoid more than 200 billion plastic bottles by 2030

Purchase, New York (September 15, 2021) – PepsiCo, Inc. (NASDAQ:PEP) today introduced pep+ (pep Positive), a strategic end-to-end transformation with sustainability at the center of how the company will create growth and value by operating within planetary boundaries and inspiring positive change for the planet and people. **pep+ **will guide how PepsiCo will transform its business operations: from sourcing ingredients and making and selling its products in a more sustainable way, to leveraging its more than one billion connections with consumers each day to take sustainability mainstream and engage people to make choices that are better for themselves and the planet.