PepsiCo issues first progress report on revamped packaging sustainability targets

PepsiCo reduced its virgin plastic use by 5% in 2024, exceeding an annual target of 2%, according to the 2024 ESG report it released Aug. 28. This is the consumer packaged goods company’s first such report to detail progress toward its newly revamped sustainability goals, which it announced in May.

Chief Sustainability Officer Jim Andrew told Packaging Dive this spring that the company wanted to be transparent with its changes and publicly discuss the reasoning. Since announcing the PepsiCo Positive (pep+) sustainability program in 2021, “We’ve learned a lot, and the world has changed a lot, and so we wanted to incorporate those learnings and those external realities,” Andrew said.

The goal updates follow PepsiCo flagging last year in its 2023 ESG report that it was unlikely to meet certain 2025 sustainability targets.

PepsiCo issues first progress report on revamped packaging sustainability targets | ESG Dive

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