American food and beverage company PepsiCo has announced that it has been recognized by the Dow Jones Sustainability Index (DJSI) and the Carbon Disclosure Project (CDP) for its leadership in promoting sustainable business practices.
The DJSI features companies across all industries that outperform their peers in numerous sustainability metrics, including economic, environmental and social criteria such as corporate governance, risk management, energy efficiency, and occupational health and safety.
PepsiCo has now been named a member of the Dow Jones Sustainability North America Index seven times and the World Index six times.
The CDP indices highlight companies that have displayed a strong approach to information disclosure regarding climate change. It's the second consecutive year that PepsiCo has been named to the CDP Global and S&P 500 Leadership Indices.
PepsiCo CEO and chairman Indra Nooyi said that PepsiCo's strategy is built on sustainable business practices that optimize its near-term operating efficiency and profitability while ensuring that it is well positioned to deliver long-term business growth.
PepsiCo has net revenues of more than $65bn and a product portfolio that includes 22 brands. Its main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola.