PepsiCo's expanded slate of products brings it closer to targets

摘要

PepsiCo, Inc. continued to build out its portfolio of products featuring reduced added sugars, sodium and saturated fat in 2020, making further progress toward achieving its 2025 targets, according to the company's 2020 Sustainability Report issued June 29. In the report, PepsiCo said 64% of its food portfolio volume in 2020 did not exceed 1.2 mgs of sodium per calorie, up from 61 % in 2019 and on track to meet its 2025 target of 75%. PepsiCo said global progress is based on its top 23 food markets, which represent 88% of its global foods volume as of 2020. The company said the impact of the acquisition of Pioneer Foods Group Ltd., Johannesburg, South Africa, contributed 1 percentage point of progress during 2020. Pioneer Foods manufactures cereals, juices and other products sold throughout Africa. PepsiCo also made strides in reducing saturated fat, noting that 71% of its food portfolio volume in 2020 did not exceed 1.1 grams of saturated fat per 100 calories, up from 62% in 2019 and just shy of its 2025 target of 75%. PepsiCo said Pioneer Foods contributed 4 percentage points of progress during 2020.