Food & beverage giant PepsiCo's has set out to be "Net Water Positive" by 2030. Tom Freyberg speaks to David Grant about how water recycling will play a key role.
Water is critical
As food and beverage multinationals go, you could say PepsiCo is sizeable.
To give some perspective, the company behind Walkers crisps, Quaker oats, Starbucks, and its flagship Pepsi drink operates in over 200 countries or territories.
In 2020, the company achieved $70bn in net revenue, including 23 brands generating over $1 billion in revenue per year.
Such colossal figures are as equally impressive as they are mind-boggling. Many companies strive to reach the one billion turnover figure, yet PepsiCo has built or acquired over 20 of them.
Yet, without water, none of this would be possible.
As a critical ingredient to make soft drinks or an agricultural irrigation necessity to grow potatoes and make crisps, there would be products for the multinational without water.
So you could say the company, especially at this scale, needs to take this essential element seriously.
Water stress is getting worse
Stepping up to this task of overseeing water for the entire operation is David Grant, the sustainability director for global water stewardship at PepsiCo.
In an exclusive interview with Aquatech Online, he discussed the need for science-based targets, how manufacturing innovations are driving down water use and the need to keep pushing on water recycling efforts.
He also discussed the company-wide target to improve operational water-use by 2025. “If you look at where we are in terms of water stress across the globe, it’s getting worse,” he said.
A summary of the video interview can be found below: