In celebration of World Water Day, Keurig Dr Pepper (KDP) has announced its aspiration to achieve net positive water impact by 2050, and has joined the Water Resilience Coalition (WRC).
The WRC is an industry-driven coalition of the United Nations Global Compact CEO Water Mandate that aims to elevate global water stress and its connection to climate change to the top of the corporate agenda and preserve the world’s freshwater resources.
According to the Water Mandate, a 56 per cent shortfall in freshwater supply is expected over the next decade, threatening not only ecosystems, but also communities, businesses, and the global economy.
As a leader in the beverage industry where water is essential to its products and operations, KDP says it’s proud to join like-minded and action-oriented companies from across the globe to address the world water crisis.
“As a beverage company dependent on 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,” says Chairman and CEO of KDP Bob Gamgort.
“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.”
KDP’s established water stewardship approach accounts for water use across its value chain by focusing on replenishment to address the quality of and access to water in its highest water risk areas.
KDP’s latest aspiration for net positive water impact by 2050 builds on existing commitments, which include replenishing 100 per cent of water used for its beverages in its highest water-risk operating communities by 2030.
The company’s commitments also include improving water use efficiency in its operations by 20 per cent by 2025 and supporting regenerative agriculture and conservation on 250,000 acres of land by 2030.
To ensure long-term impact, KDP collaborates with partners to address shared water challenges locally, improving water quality and quantity where it has been compromised.
To learn more about Keurig Dr Pepper’s water efforts, click here.