PepsiCo, Inc. CDP Forests Questionnaire 2021 Thursday, July 29, 2021
PepsiCo, Inc. CDP Forests Questionnaire 2021
F0. Introduction
F0.1
(F0.1) Give a general description of and introduction to your organization.
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito- Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of our business strategy and brands.
This CDP Forests Questionnaire contains statements reflecting our views about our future performance that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as "aim," "anticipate," "believe," "drive," "estimate," "expect," "goal," "intend," "may," "plan," "project," "strategy," "target" and "will" or similar statements or variations of such terms and other similar expressions. Forward-looking statements inherently involve risks and uncertainties. For information on certain factors that could cause actual events or results to differ materially from our expectations, please see PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. PepsiCo undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
F0.2
(F0.2) State the start and end date of the year for which you are reporting data.
Start Date | End Date | |
Reporting year | January 1, 2020 | December 31, 2020 |
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PepsiCo, Inc. CDP Forests Questionnaire 2021 Thursday, July 29, 2021
F0.3
(F0.3) Select the currency used for all financial information disclosed throughout your response.
USD
F0.4
(F0.4) Select the forest risk commodity(ies) that you are, or are not, disclosing on (including any that are sources for your processed ingredients or manufactured goods); and for each select the stages of the supply chain that best represents your organization's area of operation.
Commodity | Stage of the | Explanation if not disclosing | |
disclosure | value chain | ||
Timber | Disclosing | Retailing | |
products | |||
Palm oil | Disclosing | Manufacturing | |
Cattle | Not disclosing | Manufacturing | Cattle products are only used in a few PepsiCo |
products | products in a small number of countries. Our current | ||
focus is on timber and palm oil, as we source | |||
substantially more of these commodities. | |||
Soy | Not disclosing | Manufacturing | Soybean oil is procured from Brazil, Argentina and |
the U.S., primarily for use in our food businesses in | |||
Brazil, Argentina and Canada. PepsiCo procures | |||
approximately 30,000 metric tons of soybean oil | |||
annually. In 2020, we purchased less than 0.1% of | |||
the global supply of soy. PepsiCo has currently | |||
prioritized disclosure on the other two required | |||
commodities, timber and palm oil, for which we have | |||
implemented strong programs due to the substantive | |||
nature of consumption. | |||
Other - | This commodity is | ||
Rubber | not produced, | ||
sourced or used | |||
by our | |||
organization | |||
Other - | Not disclosing | Manufacturing | Cocoa is primarily procured for use in our North |
Cocoa | America and Latin America food businesses. For | ||
2020, PepsiCo procured approximately 27,000 | |||
metric tons of cocoa. The top four suppliers, which | |||
represent over 80 percent of our global cocoa | |||
procurement, are Barry Callebaut, Cargill, Amco, | |||
and Blommer. As CDP guidance evolves with regard | |||
to disclosure on cocoa and our current consumption | |||
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PepsiCo, Inc. CDP Forests Questionnaire 2021 Thursday, July 29, 2021
is relatively small, PepsiCo has currently prioritized | |||
disclosure on the other two required commodities, | |||
timber and palm oil, for which we have implemented | |||
strong programs due to the substantive nature of | |||
consumption. | |||
Other - | Not disclosing | Manufacturing | As CDP guidance evolves with regard to disclosure |
Coffee | on coffee, PepsiCo has currently prioritized | ||
disclosure on the other two required commodities, | |||
timber and palm oil, for which we have implemented | |||
strong programs due to the substantive nature of | |||
consumption. | |||
F0.5
(F0.5) Are there any parts of your direct operations or supply chain that are not included in your disclosure?
No
F1. Current state
F1.1
(F1.1) How does your organization produce, use or sell your disclosed commodity(ies)?
Timber products
Activity
Retailing/onward sale of commodity or product containing commodity
Form of commodity
Paper
Primary packaging
Secondary packaging
Tertiary packaging
Source
Contracted suppliers (manufacturers)
Country/Area of origin
Argentina
Australia
Austria
Belgium
Brazil
Canada
Chile
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PepsiCo, Inc. CDP Forests Questionnaire 2021 Thursday, July 29, 2021
China
Colombia
Czechia
Dominican Republic
Ecuador
Egypt
Estonia
Finland
France
Germany
Greece
Guatemala
India
Japan
Latvia
Lithuania
Mexico
Netherlands
New Zealand
Norway
Pakistan
Peru
Poland
Puerto Rico
Romania
Russian Federation
Saudi Arabia
Serbia
South Africa
Spain
Sweden
Switzerland
Thailand
Turkey
United Kingdom of Great Britain and Northern Ireland
United States of America
Viet Nam
-
of procurement spend
1-5%
Comment
Wood fiber products are used in a wide range of PepsiCo's primary, secondary, and tertiary packing. Countries of origin are based on 2020 updated data.
Palm oil
Activity
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PepsiCo, Inc. CDP Forests Questionnaire 2021 Thursday, July 29, 2021
Using as input into product manufacturing
Form of commodity
Refined palm oil
Palm oil derivatives
Source
Contracted suppliers (processors)
Country/Area of origin
Brazil
Cambodia
Colombia
Costa Rica
Côte d'Ivoire
Dominican Republic
Ecuador
Guatemala
Honduras
India
Indonesia
Liberia
Malaysia
Mexico
Nicaragua
Panama
Papua New Guinea
Peru
Thailand
-
of procurement spend
1-5%
Comment
In 2020, our global purchase of palm oil was 448,239 metric tons, of which palm kernel oil comprised 3,680 MT. Our top suppliers were Cargill, Oleofinos, and Wilmar, and the PepsiCo sources the majority of its palm oil from mills located in Indonesia, Malaysia, and Mexico.
F1.2
(F1.2) Indicate the percentage of your organization's revenue that was dependent on
your disclosed forest risk commodity(ies) in the reporting year.
% of revenue dependent on commodity | Comment | |
Timber products | This information is confidential | |
Palm oil | This information is confidential | |
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PepsiCo Inc. published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 08:18:09 UTC.