PepsiCo has reached a self-imposed goal on saturated fat reduction four years ahead of schedule, the company has announced.
About three-quarters of its portfolio of “convenient foods” products, which includes its Frito-Lay unit, now has no more than 1.1g of saturated fat per 100 calories. In addition, 53% of PepsiCo's beverage portfolio volume now has less than 100 calories from added sugars per 12oz. serving, and 66% of its convenient foods portfolio volume does not exceed 1.3 milligrams of sodium per calorie. The company announcement noted that these goals were attained last year, which was four years before the target date.
PepsiCo made the announcement as part of its annual Environmental, Social and Governance policy report. That report also noted other ESG goals attained, including: Increasing operational water-use efficiency by 18%; deriving a majority of electricity used in operations from renewable sources; and increasing Black managerial representation to 8.3% and Hispanic to 9.5%.
“Our aim is to decouple so our business can grow sustainably, while decreasing environmental impacts,” chief sustainability officer Jim Andrew said in a statement. “There is still much more work to be done and we cannot do it alone, so we – in partnership with our value chain partners, communities, NGOs and government leaders – will continue investing in action, innovation and partnerships that enable us all to realize a more sustainable future."
