Energy Efficiency, GHG Emissions, Industrial - June 25, 2024
Keurig Dr Pepper Lowers Emissions by 15%
Keurig Dr Pepper Inc. made significant progress on its 2030 goals to reduce Scope 1 and 2 emissions by 30% and Scope 3 emissions in select categories by 15% compared to 2018.
In 2023, the soft drinks company reported a 21% reduction in Scope 1 and 2 emissions and a 12% reduction in Scope 3 emissions in select categories due to renewable electricity purchases and advancing fleet electrification with 18 electric vehicles deployed in Canada.
Details were announced in the publication of its 2023 Corporate Responsibility Report.
"We recently elevated Drink Well. Do Good., our longstanding corporate responsibility approach, to be KDP's company purpose. Our purpose plays a critical role in guiding how we go about delivering positive impact for our stakeholders through our strategic framework and business priorities," said Tim Cofer, Chief Executive Officer, in a statement. "This year's report highlights bold actions and strong partnerships to advance our multi-year agenda."
Keurig Dr Pepper Inc.'s report was created with reference to the Global Reporting Initiative (GRI) Index and is in alignment with the Sustainable Accounting Standards Board (SASB) Standards and the Task Force on Climate-Related Financial Disclosures (TCFD).
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