PEPSICO BEVERAGES & FRITO-LAY ANNOUNCE $3.3 MILLION IN WATER REPLENISHMENT PROJECTS TO DRIVE PROGRESS TOWARD PEPSICO POSITIVE WATER POSITIVE GOALS
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Tuesday, March 14, 2023
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PURCHASE, N.Y., March 14, 2023 /PRNewswire/ -- PepsiCo Beverages North America (PBNA) and Frito-Lay North America (FLNA) today announced a commitment of $3.3 million in funds toward water replenishment projects across North America. These projects aim to advance PepsiCo's ambitious effort to become Net Water Positive by 2030, which includes reducing absolute water use and replenishing back into the local watershed more than 100% of the water used at company-owned and third-party sites in high water-risk areas.
Key Points:
- PURCHASE, N.Y., March 14, 2023 /PRNewswire/ -- PepsiCo Beverages North America (PBNA) and Frito-Lay North America (FLNA) today announced a commitment of $3.3 million in funds toward water replenishment projects across North America.
- This project aims to provide an additional 2,000 acre-feet1 per year of water, starting this spring, for 10 consecutive years.
- "The City of Winter Haven, Florida, has been a leader in integrated water management practices for over 20 years.
- In Galveston, Texas, PepsiCo's $1.2 million investment is part of the company's North American Water Replenishment program, bringing together the expertise of PBNA and FLNA to scale investment and impact of water replenishment projects where facilities are co-located in water scarce areas.