But despite major stumbles from influential political leaders, the outlook for renewable energy and continued progress on global greenhouse gas reductions remains positive. Markets have reached an inflection point where renewables will have become the cheapest form of new power generation in nearly all markets by
Rather, the company measured its results by the amount of water restored through its nearly water conservation projects in high-risk areas around the world.
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It had already faced criticism for extracting too much groundwater and exceeding pollutant limits at a bottling plant in India. PepsiCo is taking a different tack, and plans to replace the water at the source from where it was extracted.
Climate change is exacerbating natural disasters such as droughts, depleting water sources around the world that are already being drained by an increasing population. What will happen if world's biggest companies don't take water seriously?
Read more PepsiCo says it used As part of the new Latin America plan, PepsiCo, with the help of non-profit The Nature Conservancy, mapped its operations and identified the areas most vulnerable to threats, such as forests being converted into agricultural land, soil degradation, and urbanisation.
PepsiCo hopes to return nearly k cubic meters of water back to watersheds in these areas by In addition, the population in urban areas is expected to grow from million to million bydriving up demand for a reliable source of clean water.
One project will plant trees near a Pepsi bottling plant in Guatemala City in Guatemala. Workers will clear away dead vegetation and prepare the soil to make way for the new flora.
Biologists will monitor the area to make sure the trees are flourishing and to replace any that have died.
Companies risk their reputations if they justify draining water in one aquifer by promising to improve water conditions in another, says Brooke Barton, senior director of water and food programs at sustainable business consortium Ceres.
Not all the water Coca-Cola uses, for example, comes from areas vulnerable to water issues, she says. Until big corporations are fully transparent about their carbon impact and how and where they are emitting greenhouse gases, there will always be an element of greenwashing to any of their sustainability claims, says Daniel Kammen, director of the renewable and appropriate energy laboratory at the University of California-Berkeley.
Sign up to be a Guardian Sustainable Business member and get more stories like this direct to your inbox every week. You can also f ollow us on Twitter.After two decades at Coca-Cola, Messina joined Beam Suntory in April and threw herself straight into the global creative review for the Jim .
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The traditional finance function has undergone significant change over the past few years and has evolved towards that of a strategic partner. Coca-Cola has grouped its products into eight regional units: “the European Union, Africa, North America, Latin America, Pacific, Eurasia, Bottling investments and the Corporate” (WetFeet 1). Just like PepsiCo, Coca-Cola also sales its finished products in more than nations globally. Get the latest health news, diet & fitness information, medical research, health care trends and health issues that affect you and your family on leslutinsduphoenix.com
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The Burger King system in Latin America and the Caribbean has typically been split between Coca-Cola and PepsiCo. Coca-Cola will still be sold in Burger King restaurants in 11 countries. PepsiCo takes on Coca-Cola with Latin American water plan Unlike its US rival, PepsiCo promises to return water to the watershed from which it was taken in countries including Mexico, Brazil.
Latin America. PepsiCo's Latin America Foods (Spanish: Snacks América Latina) operations market and sell primarily Quaker- and Frito-Lay-branded snack foods within Central and South America, including Argentina, Brazil, Peru, and other countries in this region.