Triple Bottom Line of Pepsico
Pepsi –cola was started in the summer of 1898 in New Bern, North Carolina by Pharmacist Caleb Bradnham. PepsiCo Inc. started in 1965 with the merger of Pepsi-Cola and Frito-Lay. Since then, PepsiCo has continued to grow, adding new brands and product lines meeting the demands of the market. Throughout the years, they have strived and worked toward environmental sustainability. The ability to be financial stable gives PepsiCo the ability to give back and donate to those communities they are located in. PepsiCo’s mission to provide performance with purpose means delivering sustainable growth by investing in a healthier future for people and our planet. PepsiCo is continually increasing their triple bottom line.
Environmental. PepsiCo is committed to protecting the environment. They protect natural resources in two different ways; innovation and efficient use of land, energy, water and packaging. PepsiCo’s newest environmental innovation is a bottle made entirely of plant material, which will reduce PepsiCo’s potential carbon footprint. The bottle is made from switch grass, pine bark, corn husks and other materials. Pepsi also plans to use leftover scraps from its food business. Water is treated as a limited valuable resource. By 2015, they aim to improve their water-use efficiency by 20 percent from what it is today. To minimize their impact on the land, PepsiCo continually strives to live by the five R’s; reduce, recycle, use renewable sources, remove environmentally sensitive materials, and reuse packaging. To increase the company’s energy conservation, PepsiCo uses renewable fuel, solar energy, and resource conservation system. Along with being increasing environmentally aware, they are also expanding their economic impact. Economic. As time has gone on, PepsiCo has increase and expanded its market in an effort to meet market demand. As the economy has changed, PepsiCo has changes also. Tropicana Products, Inc. joined the PepsiCo portfolio in 1998 as the
Environmental. PepsiCo is committed to protecting the environment. They protect natural resources in two different ways; innovation and efficient use of land, energy, water and packaging. PepsiCo’s newest environmental innovation is a bottle made entirely of plant material, which will reduce PepsiCo’s potential carbon footprint. The bottle is made from switch grass, pine bark, corn husks and other materials. Pepsi also plans to use leftover scraps from its food business. Water is treated as a limited valuable resource. By 2015, they aim to improve their water-use efficiency by 20 percent from what it is today. To minimize their impact on the land, PepsiCo continually strives to live by the five R’s; reduce, recycle, use renewable sources, remove environmentally sensitive materials, and reuse packaging. To increase the company’s energy conservation, PepsiCo uses renewable fuel, solar energy, and resource conservation system. Along with being increasing environmentally aware, they are also expanding their economic impact. Economic. As time has gone on, PepsiCo has increase and expanded its market in an effort to meet market demand. As the economy has changed, PepsiCo has changes also. Tropicana Products, Inc. joined the PepsiCo portfolio in 1998 as the