ESG Summary
Our ESG Approach
PepsiCo Positive
Our vision is to be the Global Leader in Convenient Foods and Drinks by winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that places sustainability at the center of our business strategy, seeking to drive growth and build a stronger, more resilient future for PepsiCo and the communities where we operate. Through pep+, we seek to continue to transform the way we do business, inspiring our partners, peers and employees along the way to work together to advance positive change.
We strongly believe that the long-term success of our company is intrinsically linked to a healthy planet, resilient food systems and the holistic well-being of our people and the communities we serve. That’s why we invest in programs we believe will help strengthen our business for the long-term.
Winning with pep+ has been, and remains, core to our long-term success. It guides our efforts to work with our suppliers and customers, evolve our portfolio and develop the right capabilities to support our people and our business across the world.
We introduced our pep+ strategy in 2021 and have achieved several of our goals ahead of schedule, including our 2025 operational and agricultural water-use efficiency goals, and have made meaningful progress on others. In May 2025, we announced refined goals in agriculture, climate, water and packaging to focus our sustainability ambitions where we believe we can help drive scale and position the company for long-term growth. Our refined pep+ goals aim to further align our resources with core business priorities, build on learnings and progress and help our sustainability ambitions remain actionable and achievable while accounting for external realities and business growth.
We regularly review our pep+ goals and consider whether any changes to our goals are warranted. This ESG Summary shares some of what we’re doing as we work toward our pep+ goals.
>1B
times each day PepsiCo foods and drinks
are enjoyed around the world
~319,000
employees globally1
200+
countries and territories where PepsiCo
foods and drinks are sold
Nearly $92B
net revenue in 20241
1. As of December 28, 2024
pep+ aims to invest in building a stronger and more resilient business, and we are focused on three interconnected pillars with ambitious goals:
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Positive Agriculture
We are working to source our crops and ingredients in ways that restore the earth and strengthen farming communities.
Positive Choices
We are inspiring consumers through our brands to make choices that create more smiles for them and the planet.
Please refer to our 2024 Calculation Methodology for additional information regarding our pep+ goals, including how we measure progress against each goal
Our complex value chain
Our foods and drinks are then packaged and moved worldwide by gas-, biofuel- and electric-powered vehicles by both our company-owned fleet and third-party transportation providers, to be sold and enjoyed by our consumers more than one billion times a day.
Governance
We believe that strong governance is the foundation for delivering on our pep+ agenda. Our ESG approach is integrated into — not separate from — our business.
Our corporate governance reflects this approach, with an integrated structure that combines Board and senior leadership oversight with subject-matter and localized expertise that informs our strategy and how we execute it.
The full Board considers sustainability issues to be an integral part of its business strategy oversight. Throughout the year, the Board and the relevant committees receive updates from and discuss with management sustainability, human capital management and public policy matters, including the company’s key programs, related goals and progress toward achieving these goals.
To assist the Board in its oversight of our sustainability agenda, the Board established the Sustainability and Public Policy Committee (the Committee). The Committee assists the Board in providing more focused oversight over the company’s programs, policies and related risks that concern key sustainability, inclusion and public policy matters. The Committee is comprised entirely of independent directors and currently reflects a mix of public policy, risk, international and science-related skills, qualifications and experience.
At the executive level, our ESG strategy and progress toward our pep+ goals are also
regularly reviewed by the Sustainability sub-committee of our Executive Committee.
This sub-committee is composed of members of our senior leadership management
team and provides opportunities for our senior leadership to align on major strategic
issues relating to sustainability and keep sustainability in focus among competing
priorities.
Our reporting strategy
Our reporting is the primary way we inform key stakeholders about our
sustainability ambitions and progress. Our stakeholders include investors,
potential and current employees, customers and consumers, suppliers,
non-governmental organizations (NGOs) and others.
Understanding that each group’s needs differ, we publish a suite of reporting elements targeted at various sets of stakeholders. We combine disclosure of strategy, policy, data and case studies, according to our understanding of public interest and guided by key voluntary sustainability and reporting frameworks. Unless otherwise noted, our sustainability data reflects progress made during the calendar year (ending December 31, 2024), whereas our financial reporting corresponds with our fiscal year, which ends on the last Saturday of December.
Our reporting suite comprises:
- Environmental, Social and Governance (ESG) Summary: High-level overview of our pep+ agenda and annual progress that aims to reflect the integration between ESG and our business and is designed to link seamlessly with ESG Topics A-Z for more detail and the latest updates. Readers can also download a PDF of the report.
- ESG Performance Metrics: Time-series data for our pep+ goals, intended to support ESG analysis primarily for investors, ESG raters and NGOs.
- ESG Data Hub: A visual representation of our key ESG performance metrics through interactive charts and downloadable tables. It includes metrics addressed by our pep+ ambitions.
- Indices and framework responses and other topic-specific disclosures: These map our reporting to specific metrics established by key voluntary reporting frameworks and also includes specialized reporting, such as our annual Green Bond Report.
- ESG Topics A-Z: An evergreen, encyclopedia-style deep-dive on nearly 50 topics that aims to provide accessible, consistent information for those looking for greater depth on PepsiCo’s strategy, management, policies, actions and partnerships.
Explore our sustainability journey
For nearly two decades, PepsiCo has been on a journey to transform the way we do business so that our pursuit to deliver strong financial returns over the long-term is also responsive to the needs of our stakeholders and the world around us.
