Like many organizations, we have been on a sustainability journey, learning how to balance short-term and long-term goals and position our company for success for generations to come.
We anticipated the need to take environmental stewardship to a whole new level at the start of the new millennium, recognizing that environmental sustainability was becoming a core component of sustainable success. We began to put in place the systems, processes and metrics needed to drive continual improvement in conserving energy and water as well as to reduce the amount of packaging materials we use for our foods and beverages.
Our sustainability agenda became even more integrated into our business in 2007 when our Chairman and CEO Indra Nooyi introduced “Performance with Purpose,” our goal to deliver sustained financial performance by providing a wide range of foods and beverages from treats to healthy eats; finding innovative ways to minimize our impact on the environment and lower our costs through energy and water conservation, as well as reduced use of packaging material; providing a safe and inclusive workplace for our employees globally; and by respecting, supporting and investing in the local communities in which we operate.
This guiding corporate vision is what underpins our focus on long-term success in a rapidly changing global environment. We have made solid progress. For example, in 2012:
Notwithstanding this progress, as a company with a growth agenda, we know we must continue to learn and improve, collaborating with partners across all sectors to deliver innovative solutions that address the interrelated challenges of climate change, water scarcity and food security while positioning our company to deliver long-term financial growth.
Our sustainability journey continues. As we look at the global environmental challenges, the road ahead may not be easy, but important work seldom is.