PriyaPatelTLDR
Key points:
- PepsiCo is integrating environmental metrics into its strategy planning dashboard.
- They are using technology and finance to drive sustainability.
In an effort to reduce its environmental impact, PepsiCo is incorporating data about water consumption, recycled material purchases, packaging, energy, and other metrics into its decision-making process. The company’s overarching business strategy, known as “PepsiCo Positive,” focuses on company transformation rather than just sustainability initiatives. This approach includes making friends with the chief digital officer, reviewing progress quarterly rather than annually, identifying low-cost, high-impact actions, and encouraging competition through publishing results. By utilizing technology and finance to drive sustainability, PepsiCo is working towards its goals of reducing emissions and environmental impact across its operations.
