Environmental goals associated with the use of energy and natural resources are fully aligned with financial goals in that both center on maximizing efficiency and minimizing consumption. We are conscious of the importance of energy efficiency for both economic and environmental reasons in all parts of our business. Energy costs within the geographic footprint in which we operate have risen considerably in recent years, and many analysts believe that high prices are now here to stay.
Manufacturing processes – such as washing, sterilizing, and operating production lines – require energy, as does heating, lighting, and ventilation. We use energy efficient equipment in our manufacturing processes. Alternative renewable energy sources are used where available and economically viable. Alternative energy sources are 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 than conventional sources of electricity.
The three largest Pepsi-Cola bottlers in North America each purchase renewable energy certificates (RECs) to match 100% of the electricity used by their U.S. operations. Combined, Pepsi Bottling Group, Inc., PepsiAmericas, Inc. and Pepsi Bottling Ventures, LLC, purchase 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. Purchasing RECs helps drive the development of additional green power capacity nationwide.
PBV’s Sustainable Initiatives: