Purchase, N.Y.: In an effort to extend PepsiCo's sustainability efforts to the supply chain, the three largest Pepsi-Cola bottlers in North America have announced that they are each purchasing renewable energy certificates (RECs) to match 100 percent of the electricity used by their U.S. operations. Combined, The Pepsi Bottling Group Inc., PepsiAmericas Inc. and Pepsi Bottling Ventures LLC are purchasing nearly 629 million kilowatt hours (kWh) of green power annually through RECs. Together the purchases of these three companies would rank second among the largest purchases within the U.S. Environmental Protection Agency's Green Power Partnership, behind top-ranked PepsiCo.
Green power is produced from renewable resources such as solar, wind, geothermal, biogas, biomass and low-impact hydro. These energy sources are considered cleaner and have a superior environmental profile, as opposed to conventional sources of electricity. Purchasing RECs helps drive the development of additional green power capacity, such as wind, small scale hydro electric, biomass, landfill gas, biogas and geothermal energy.
The Pepsi Bottling Group Inc. is purchasing RECs to match nearly 458 million kWh of power. PepsiAmericas Inc. is purchasing RECs to match more than 157 million kWh of power. Pepsi Bottling Ventures LLC is purchasing RECs to match nearly 15 million kWh of power.
In April, PepsiCo announced it was purchasing RECs to match more than 1.1 billion kWh of power, becoming the largest purchaser to date under EPA's Green Power Partner program. PepsiCo has maintained that leadership position and remains the largest purchaser on EPA's Top 25 list.
"The purchases made by these three bottlers represent a broader effort by our entire system to work together and continue what PepsiCo started in April with its record purchase," notes Dawn Hudson, president and CEO of Pepsi-Cola North America. "This represents a collective approach to protecting the environment and becoming more sustainable in the long-term, something our consumers, customers, employees and investors can feel good about. It's all part of PepsiCo's commitment to Performance with Purpose, to do better by doing better."
