Business

Healthy pledge: Pepsi promises to cut sugar in most drinks

Pepsi is cutting back on sugar. The giant soft-drink maker says that by 2025 at least two-thirds of its drinks will have 100 calories or fewer from added sugars. Right now, less than half its drinks meet that criteria. To meet the goal, the company will introduce more zero and low-calorie drinks and reformulate existing beverages.

With U.S. soda giants under pressure to produce more healthy beverages, PepsiCo pledged that by 2025 at least two-thirds of the 12 oz. beverages it sells will contain 100 or fewer calories and at least three-quarters of its foods sold will not exceed 1.1 grams of saturated fat per 100 calories. Pepsi's "2025 Sustainability Agenda" also included policies to limit water consumption, incorporate more recyclable packaging and purchase crops from sustainable farms. PepsiCo chief executive Indra Nooyi said the company aims to be consistent with United Nations sustainable development goals and the 2015 Paris climate agreement.

To succeed in today's volatile and changing world, corporations must do three things exceedingly well: Focus on delivering strong financial performance, do it in a way that is sustainable over time and be responsive to the needs of society.

Indra Nooyi, PepsiCo chief executive

Besides soda, Pepsi's brands include Gatorade sports drinks, the Frito-Lay snack brand and Tropicana orange juice. A study released last week by academics at the Boston University School of Public Health faulted Pepsi and rival Coca-Cola for fighting added taxes on high-sugar sodas at the same time they provide funding to health organizations. The study questioned whether the soda giants' funding for those groups was driven by marketing rather than public interest.

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Sugary Drinks Portion Cap Rule

The Sugary Drinks Portion Cap Rule, a.k.a. the Soda Ban, is a limit on soft drink size in New York City intended to prohibit the sale of many sweetened drinks more than 16 ounces(0.47 liters) in volume to have taken effect on March 12, 2013. On June 26, 2014, the New York Court of Appeals, the state's highest court, ruled that the New York City Board of Health, in adopting the regulation, exceeded the scope of its regulatory authority.

Paris Agreement

The Paris Agreement is an agreement within the United Nations Framework Convention on Climate Change(UNFCCC) dealing with greenhouse gases emissions mitigation, adaptation and finance starting in the year 2020. The language of the agreement was negotiated by representatives of 195 countries at the 21st Conference of the Parties of the UNFCCC in Paris and adopted by consensus on 12 December 2015.

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