Keurig Dr Pepper (KDP) has unveiled its ‘2022 Drink Well. Do Good’ Corporate Responsibility Report.
The report covers a variety of environmental, social, and governance topics, and showcases key 2022 progress toward fulfilling commitments across its four foundational pillars: Environment, Supply Chain, Health and Wellbeing, and People and Communities.
“I’m proud of the progress we’ve made toward our ambitious corporate responsibility agenda in 2022,” said SVP & Chief Sustainability Officer of KDP Monique Oxender. “Keurig Dr Pepper recognises that ESG issues are complex and, often times, intersect. It’s the collective work and relentless efforts of our employees, partners and other stakeholders that help us navigate the issues and ultimately drive meaningful and positive impact with every drink.”
In the report, KDP announces that 74 per cent of its electricity comes from renewable sources, compared to 62 per cent in the previous year. KDP is committed to sourcing 100 per cent of its electricity from renewable sources by 2025.
KDP’s goal to achieve a 20 per cent reduction in virgin plastic across its packaging portfolio by 2025 is also making progress. The company reported an 11 per cent reduction in 2022, compared to 6 per cent the year prior. This was helped by the company’s efforts to increase recycled content in plastic beverage bottles, reaching 18 per cent in 2022, up from 11 per cent in 2021.
In 2022, KDP supported regenerative agriculture and conservation on 11,296 acres (about 4570 hectares) of land, aiding its goal of 250,000 acres (about 101,100 hectares) of land by 2030.
Among other accomplishments mentioned in the report was KDP maintaining 100 per cent responsible sourcing of its coffee and cocoa in 2022, as well as expanding positive hydration in their products.
More information can be found at KDP’s website.