PepsiCo Joins Calls for Action on Climate Change; Announces Goal to Phase Out HFC E ... Page 1 of 10 

Story I Performance With Purpose 

PepsiCo Joins Calls for Action on Climate 

Change; Announces 

Goal to Phase Out HFC Equipment by 

2020; and Reports Progress on 

Sustainability 

Goals 

9/ 19/2014 

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Climate Change; Announces Goal to Phase Out HFC Equipment by 2020; and Reports 

Progress on Sustainability Goals) 

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=http://www.pepsico.com/live/story/pepsico-joins-calls-for-action-on-climate-changeannounces-goal-to-phase-out-hfc-equipment-by-2020-and-reports-progress-on-sustainabilitygoals&p[images][O]=http://origin-www.pepsico.com/images/album/stories/pepsicolive_csr_homepage_csr-pinterest.png?sfvrsn=O&p[title]=PepsiCo Joins Calls for Action on 

Climate Change; Announces Goal to Phase Out HFC Equipment by 2020; and Reports 

Progress on Sustainability Goals&p[summary]=PepsiCo today strengthened its commitment to 

action on climate change by: announcing new goals for phasing out equipment with 

hydroflourocarbons (HFCs),signing both the Ceres BICEP Climate Declaration and the Prince 

of Wales' Corporate Leaders Group Trillion Tonne Communique, and reporting pro) 

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and-reports-progress-on-sustainability-goals&title=>PepsiCo Joins Calls for Action on Climate 

Change; Announces Goal to Phase Out HFC Equipment by 2020; and Reports Progress on 

Sustainability Goals&summary=PepsiCo today strengthened its commitment to action on 

CON~aFD-lfDEttnouncing new goals for phasing out equipment with hydroflourocarbons 

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(HFCs),signing both the Ceres BICEP Climate Declaration and the Prince of Wales' Corporate 

Leaders Group Trillion Tonne Communique, and reporting pro) 

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Phase Out HFC Equipment by 2020; and Reports Progress on Sustainability 

Goals&body=http://www.pepsico.com/live/story/pepsico-joins-calls-for-action-on-climatechange-announces-goal-to-phase-out-hfc-equipment-by-2020-and-reports-progress-onsustainability-goals) 

PepsiCo today strengthened its commitment to action on climate change by: 

• announcing new goals for phasing out equipment with hydroflourocarbons (HFCs)> 

• signing both the Ceres BICEP Climate Declaration and the Prince of Wales' 

Corporate Leaders Group Trillion Tonne Communique) and 

• reporting progress on its energy efficiency initiatives. 

These commitments are part of PepsiCo's overall strategy to address climate change by 

working across its business and with global leaders> who are set to renew their focus on 

climate change during the U.N. Climate Summit next week. 

"Combating climate change is absolutely critical to the future of our company, 

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cm;tomers, consumers- and our world," said lndra Nooyi, chairman & CEO of PepsiCo. "I 

believe all of us need to take action now. PepsiCo has already taken actions in our operations 

and throughout our supply chain to 'future- proof' our company- all of which deliver real 

cost savings, mitigate risk, protect our license to operate, and create resilience in our supply 

chain." 

HFC-Free Equipment Goal 

PepsiCo announced a goal that by 2020 all of its future point-of-sale equipment (coolers, 

vending machines and fountain dispensers) purchased in the United States, will be HFC-free. 

HFCs are a popular chemical coolant and are considered a potent greenhouse gas (GHG) that 

contributes to climate change. 

This goal is part of a recently launched partnership with the Obama Administration and other 

U.S. companies, which aims to reduce global consumption ofHFCs by the equivalent of700 

million metric tons of carbon dioxide-or 1.5 percent ofthe world's 2010 GHG 

emissions- through 2025. 

To meet its goal, PepsiCo will begin purchasing new HFC-free equipment starting in 2015. 

PepsiCo has already begun to phase out HFCs in its equipment outside of the United States 

by buying more than 290,000 HFC-free pieces of equipment since 2009 and by using a 100 

percent HFC-free insulation/foam for all new equipment. 

It has also minimized the impact of existing equipment by innovating its coolers and vending 

machines to improve their energy efficiency by 60 percent compared with a 2004 baseline. 

These combined efforts have reduced total GHG emissions by 18 percent since 2007. 

''COMBATING CLIMATE 

CHANGE IS ABSOLUTELY co~IIl\J\L ... '' 

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Strengthened Commitment 

PepsiCo also today became the largest U.S.-based food and beverage industry signatory of 

the Climate Declaration of the Ceres coalition, Business for Innovative Climate and Energy 

Policy (BICEP). PepsiCo also signed the Prince of Wales' Corporate Leaders Group Trillion 

Tonne Communique. 

"From our long-standing partnership with PepsiCo, and their commitment to ongoing 

stakeholder engagement, we know this leading food and beverage company understands the 

critical impact of climate change and the economic benefits of tackling it sooner rather than 

later,'' said Mindy Lubber, president of Ceres, a nonprofit organization mobilizing business 

leadership on climate change and other global sustainability challenges. 

"We are happy that PepsiCo is continuing to move beyond its own operations and supply 

chain to urge further action from the private sector and government," said Lubber. 

Progress on Energy Efficiency, Sustainability Goals 

PepsiCo reported a nearly 14 percent improvement in global energy efficiency in 2013 when 

compared with its 2006 baseline. 

This change represents progress towards PepsiCo's goal of reducing energy intensity by 20 

percent per unit of production by 2015 and is driven by resource conservation initiatives and 

conversion to renewable forms of energy. 

In 2013 alone, energy efficiency efforts delivered estimated cost savings of $75 million. 

CONTENT FINDER 

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LE•na 

To achieve its goal of sustainable business growth- what the company calls Performance 

with Purpose (http://www.pepsico.com/Purpose/Performance-with-Purpose}-PepsiCo has 

set specific goals that guide its strategy and operations. Progress on these goals is highlighted 

in PepsiCo's new 2013 Corporate Sustainability Report 

(http://www.pepsico.com/Assets/Download/PEP_2013_Sustainability_Report.pdf)and 

Global Reporting Initiative (GRI) 

(http://www.pepsico.com/Assets/Download/PepsiCo_2013_ GRI.pdf) report and includes: 

• Saving 14 billion liters of water through operational efficiency programs, translating 

to approximately $15 million in savings; and avoiding $3 million in landfill costs 

through PepsiCo's Resource Conservation initiatives. 

• Increasing the total amount of material recycled to more than 18 million pounds and 

324 million containers since 2010. 

• Expanding sourcing of certified sustainable agriculture raw materials, including 100 

percent of potato and seed growers in Chile certified to the Rainforest Alliance 

CONTENT FINDER 

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standards, and achieving one of the first Fairtrade certifications in its category for 

Naked Coconut Water in the United States. 

These actions and broader company initiatives were recently recognized by the Dow Jones 

Sustainability Index (DJSI). PepsiCo was named to the DJSI North America Index for the 

ninth consecutive year and by the DJSI World Index for the eighth consecutiveyear, with 

perfect scores in the areas of Code of Conduct/Compliance/Corruption & Bribery, Risk & 

Crisis Management, Packaging, Labor Practices and Human Rights and Raw Material 

Sourcing. PepsiCo is also the Beverage Industry Leader in North America. 

New Pinterest Presence Launched 

To coincide with the release of the Sustainability Report, PepsiCo launched an interactive 

Pinterest presence (http://www.pinterest.com/pepsico/), which is a searchable, map-based 

repository for Performance with Purpose and global citizenship projects told through stories, 

photographs, videos and links to additional ipformation. 

Cautionary Statement 

Statements in this communication that are "forward-looking statements" are based on 

currently available information, operating plans and projections about future events and 

C~lllEN~~Ruch as "aim," "anticipate," "believe," "drive," "estimate," "expect," 

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"e):pressed confidence," "forecast," 

"ft: ture," "goals," "guidance," 

"intend," "may," "objectives," 

"outlook," "plan," "position," 

"potential," "project," "seek," 

"should," "strategy," "target," 

"will" or similar statements or 

variations of such terms are 

intended to identify forwardlooking statements, although not all 

forward-looking statements contain 

such terms. Forward-looking 

statements inherently involve risks 

and uncertainties that could cause 

actual results to differ materially 

from those predicted in such 

forward-looking statements. Such 

risks and uncertainties include, but 

are not limited to: changes in demand for PepsiCo's products, as a result of changes in 

consumer preferences or otherwise; changes in the legal and regulatory environment; 

imposition of new taxes, disagreements with tax authorities or additional tax liabilities; 

PepsiCo's ability to compete effectively; PepsiCo's ability to grow its business in developing 

and emerging markets or unstable political conditions, civil unrest or other developments and 

risks in the markets where PepsiCo's products are sold; unfavorable economic conditions in 

the countries in which PepsiCo operates; increased costs, disruption of supply or shortages of 

raw materials and other supplies; failure to realize anticipated benefits from PepsiCo's 

productivity initiatives or global operating model; disruption of PepsiCo's supply chain; 

damage to PepsiCo's reputation; failure to successfully complete or integrate acquisitions and 

joint ventures into PepsiCo's existing operations or to complete or manage divestitures or 

refranchisings; PepsiCo's ability to hire or retain key employees or a highly skilled and 

diverse workforce; trade consolidation or the loss of any key customer; any downgrade or 

potential downgrade of PepsiCo's credit ratings; PepsiCo's ability to protect its information 

systems against a cybersecurity incident; PepsiCo's ability to build and sustain proper 

information technology infrastructure, successfully implement its ongoing business 

c~~~t~e or share services for certain functions effectively; fluctuations or 

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otb,er changes in exchange rates; climate change, or legal, regulatory or market measures to 

address climate change; failure to successfully negotiate collective bargaining agreements or 

strikes or work stoppages; any infringement of or challenge to PepsiCo's intellectual property 

rights; potential liabilities and costs from litigation or legal proceedings; and other factors that 

may adversely affect the price of PepsiCo's common stock and fmancial performance. 

For additional information on these and other factors that could cause PepsiCo's actual results 

to materially differ from those set forth herein, 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 1 0-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. 

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Climate Change; Announces Goal to Phase Out HFC Equipment by 2020; and Reports 

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Climate Change; Announces Goal to Phase Out HFC Equipment by 2020; and Reports 

Progress on Sustainability Goals&p[summary]=PepsiCo today strengthened its commitment to 

action on climate change by: announcing new goals for phasing out equipment with 

hydroflourocarbons (HFCs),signing both the Ceres BICEP Climate Declaration and the Prince 

of Wales' Corporate Leaders Group Trillion Tonne Communique, and reporting pro) 

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and-reports-progress-on-sustainability-goals&title=>PepsiCo Joins Calls for Action on Climate 

Change; Announces Goal to Phase Out HFC Equipment by 2020; and Reports Progress on 

Sustainability Goals&summary=PepsiCo today strengthened its commitment to action on 

climate change by: announcing new goals for phasing out equipment with hydroflourocarbons 

(HFCs),signing both the Ceres BICEP Climate Declaration and the Prince of Wales' Corporate 

Leaders Group Trillion Tonne Communique, and reporting pro) 

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