Pepsi-Cola Products Philippines Inc. (PCPPI), the exclusive manufacturer of PepsiCo beverages and snacks in the Philippines, was hailed as the Sustainability Rising Star during the recently held Asia Corporate Excellence & Sustainability (ACES) Awards 2020 at Kuala Lumpur, Malaysia.
The Sustainability Rising Star Award is presented to organizations that create new pathways and pilot a change of course through grassroot sustainable initiatives. The winner demonstrates commitment to sustainable development by implementing diverse solutions to sustainability challenges faced in their environment.
PCPPI is one of the the selected winners by the jury members of ACES, headed by ACES’ Chairman of Panel of Jury, Hemant K. Batra. Batra is the founder and chairman of Kaden Borris, a global alliance of full-service law firms and legal enterprises; and the vice president of South Asian Association for Regional Cooperation in Law (SAARCLAW).
“We are honored to have been recognized as a sustainable company, a good news amid the pandemic. Over the years, PCPPI has always been relentless and committed to create a positive impact on society with programs focused on environmental sustainability, nation-building, and inclusive development,” said PCPPI president and CEO Frederick D. Ong.
PCPPI’s sustainability agenda is driven by the “Sustainability Play” framework, which was created in 2018 in response to the global effort towards achieving the United Nations Sustainable Development Goals (UNSDGs). The Framework consists of three key sustainability pillars which are Water Stewardship, Circular Economy, and Inclusive Business, and are led by a three-pronged “Engage, Transform, and Lead” strategy.
PCPPI’s Corporate Social Responsibility (CSR) programs are in line with the company’s sustainability framework. An example is the Water for Peace in Marawi, whereby PCPPI teamed up with the Philippine Disaster Resilience Foundation (PDRF) to provide clean water to the Internally Displaced People (IDP) of Marawi.
This helps PCPPI in creating a healthy and sustainable ecosystem that nurtures the business and its employees, as well as the communities upon which the company built its success, and the environment that provides resources needed for businesses to thrive.
One of the flagship programs of PCPPI’s sustainability efforts is Luntiang Yaman, which is an initiative to reduce water use, optimize electricity use, optimization of fuel yield, solid waste management, and community-building participation.
Through years of developing Returnable Glass Bottles, PCPPI has optimized packaging by reducing the materials in other containers apart from glass bottles by making them lighter, successfully diverting tons of solid waste from landfills. Since the implementation of the program, PCPPI has successfully recycled 81% of in-plant solid waste, putting them right on track to reach their 85% goal by 2020.
Since its inauguration in 2014, the ACES Awards has grown to become one of the most sought-after accolades in Asia. The Asia Corporate Excellence & Sustainability Awards recognizes Asia’s most renowned business leaders, corporations, and brands across two main domains; leadership and corporate social responsibility.