PepsiCo aims to be net water positive by 2030

Global food and beverage major Pepsico on Wednesday said it looks to become 'Net Water Positive' by 2030, aiming to replenish more water than that used in company-owned and third-party manufacturing sites in high water-risk areas.

Besides, PepsiCo's 'Net Water Positive' vision also looks to deliver safe water access to 100 million people by 2030.

Its philanthropic arm, The PepsiCo Foundation, is also launching a new $1 million programme with NGO WaterAid to bring safe water to families in Sub-Saharan Africa - expanding its 15-year old safe water access initiative that reaches 59 million people in over 20 countries, the beverages major said in a statement. "Water scarcity is directly linked to the climate crisis, and at PepsiCo, we believe a global effort to be 'net water positive' is essential. We're focused not only on making sure people around the world have access to this vital resource but ensuring that we are also prioritizing water stewardship in our operations everywhere," PepsiCo Chief Sustainability Officer Jim Andrew said. Bold goals will guide action towards PepsiCo's 'Net Water Positive' ambition to reduce absolute water use and replenish back into the local watershed more than the water used at company-owned and third-party sites in high-water-risk areas, it added.