“The growing global water crisis demands immediate attention and action. As business leaders, we believe strongly that we have a responsibility to make water sustainability a top management priority.” These are words from a pre-Rio+20 communique released this week and signed by the CEOs of 45 of major global corporations, as part of the UN Global Compact’s CEO Water Mandate.
These words also reflect a truth for businesses like PepsiCo today. As one of the world’s largest food and beverage businesses, water affects how and where we grow food and manufacture our products. Nearly six out of 10 of our top raw materials at PepsiCo are plants. Agriculture alone represents, on average, 70 percent of global water withdrawal, and as high as 90 percent in developing economies… Read more