From: Conservation Corp.
A Right to Water
There’s no doubt that PepsiCo has
enormous influence over a large portion of the world’s water supply. After all,
according to recent statistics, the company’s water use is in the tens of
billions of gallons—gallons needed to produce and distribute its food and
beverage products on an international scale. Unfortunately, some PepsiCo
operations are based in nations facing severe water shortages.
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As part of its “performance with
purpose” commitment, in March of this year, PepsiCo announced it had adopted a
“human right-to-water” policy for all of its domestic and overseas operations.
The hope is that this policy will guide future activities by the corporate giant
in such a way that its need for water does not infringe upon the needs of the
communities that support the company’s corporate and industrial holdings.
In a statement posted on http://oneworld.net, Julie Goodridge, CEO of
NorthStar Asset Management—the company that aided PepsiCo in developing its new
water resolution—states, “This agreement moves beyond the vague promises of
water conservation that many corporations claim to support. It fully commits the
company to respecting the right to sufficient clean water, as well as
individuals’ rights to be involved in the development of processes that extract
water from their communities.”
May-June 2009
From: Conservation Corp.
A Right to Water
There’s no doubt that PepsiCo has
enormous influence over a large portion of the world’s water supply. After all,
according to recent statistics, the company’s water use is in the tens of
billions of gallons—gallons needed to produce and distribute its food and
beverage products on an international scale. Unfortunately, some PepsiCo
operations are based in nations facing severe water shortages.
As part of its “performance with
purpose” commitment, in March of this year, PepsiCo announced it had adopted a
“human right-to-water” policy for all of its domestic and overseas operations.
The hope is that this policy will guide future activities by the corporate giant
in such a way that its need for water does not infringe upon the needs of the
communities that support the company’s corporate and industrial holdings.
In a statement posted on http://oneworld.net, Julie Goodridge, CEO of
NorthStar Asset Management—the company that aided PepsiCo in developing its new
water resolution—states, “This agreement moves beyond the vague promises of
water conservation that many corporations claim to support. It fully commits the
company to respecting the right to sufficient clean water, as well as
individuals’ rights to be involved in the development of processes that extract
water from their communities.”