Keurig Dr Pepper Commits to Net Positive Water Impact by 2050

Published on: 24 March 2022 06:07 PM
by KnowESG

Keurig Dr Pepper, a leading producer and distributor of hot and cold beverages, has announced its commitment to achieving net-positive water impact by 2050 and joined the Water Resilience Coalition (WRC) for protecting freshwater resources.

The UN Global Compact CEO Water Mandate anticipates a 56 per cent reduction in freshwater supply over the next decade, threatening ecosystems, businesses, communities and the global economy. 

As a leader in the beverage industry, Keurig Dr Pepper (KDP) will collaborate with other action-oriented companies from across the globe to find solutions to the present and future global water crisis. 

The WRC is an initiative of the UN Global Compact CEO Water Mandate for protecting the world's freshwater resources through collective actions and quantifiable commitments. 

Bob Gamgort, Chairman & CEO of Keurig Dr Pepper, said: "As a beverage company dependent on the water at all levels of our value chain, we have a unique opportunity to develop and support leading solutions to local and global water challenges. We are excited to join the WRC and, through collective action, scale the work we have underway to build healthy communities resilient to climate change."

The company's net positive water impact commitments by 2050 include:

  • Restore and replenish 100 per cent of water for its business in the firm's highest water-risk operating communities by 2030.

  • Enhance water use efficiency in its business by 20 per cent by 2025.

  • Bolster regenerative agriculture and preservation of 2,50,000 acres of land by 2030.

KDP member coalitions also include the Beverage Industry Environmental Roundtable (BIER), California Water Action Collaborative (CWAC), and the Texas Water Action Collaborative (TWAC). The company said it would publish its 2021 Corporate Responsibility Report (CSR) on its website in summer 2022.