Keurig Dr Pepper announced a goal to achieve “net positive water impact” by 2050.
The company also has joined the Water Resilience Coalition (WRC), an industry-driven coalition of the UN Global Compact CEO Water Mandate that aims to preserve the world’s freshwater resources through collective action and quantifiable commitments.
Net positive water impact is generally defined as contributing more to water basin health than what is taken from it.
According to the UN Global Compact CEO Water Mandate, a 56% shortfall in freshwater supply is expected over the next decade, threatening not only ecosystems, but also communities, businesses and the global economy.
“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. 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,” said Bob Gamgort, chairman and CEO of Keurig Dr Pepper.
Keurig Dr. Pepper’s latest aspiration for net positive water impact by 2050 builds on existing commitments, which include:
- Replenish 100% of water used for its beverages in the company’s highest water-risk operating communities by 2030, an extended timeline to reflect the addition of new communities in 2022;
- Improve water use efficiency in its operations by 20% by 2025;
- Support regenerative agriculture and conservation on 250,000 acres of land by 2030, representing 50% of the land used to grow Keurig Dr. Pepper’s top climate-sensitive crops.
Beyond the WRC, Keurig Dr. pepper member coalitions include the Beverage Industry Environmental Roundtable (BIER), California Water Action Collaborative (CWAC), and the Texas Water Action Collaborative (TWAC).
