PepsiCo (NYSE:PEP) has received the 2012 Stockholm Industry Water Award.
PepsiCo Wins Water Award
The snacks and drinks maker PepsiCo (NYSE:PEP) has announced that it has received 2012 Stockholm Industry Water Award for its efforts to reduce water in their operations.
The company saved 16 billion gallons of water in 2011 compared with 2006 and deployed water management system throughout its manufacturing facilities in the world.
PepsiCo (NYSE:PEP) CEO Indra Nooyi said, “Reducing our water usage drives cost reductions and reduces our overall environmental footprint. We’re innovating to make the most of every drop of water used”.
PepsiCo (NYSE:PEP) stocks are currently standing at 73.12.