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Pepsi to invest 160 million rupees in replenishing groundwater it uses in Pakistan
PepsiCo would invest Rs160 million to replenish 343 million liters it uses at local watersheds near its food manufacturing plants in Lahore by 2023
According to a Memorandum of Understanding (MoU) signed with WWF-Pakistan, the investment would be in a community water stewardship project.
PepsiCo also pledged to replenish more water than it uses in its operations through numerous initiatives. Among them are agricultural water use efficiency improvement, floating treatment wetlands, and rainwater harvesting.
PepsiCo has a global ambition for becoming net water-positive by 2030 in high water-risk sites.
The MoU signing acknowledges the critical role of water conservation and replenishment for tackling climate change-related water scarcity in Pakistan.
The project will also raise awareness among local communities on rainwater conservation, the re-usability of conserved water for secondary purposes, and groundwater replenishment.
According to Mohammad Khosa, Director of Sales of PepsiCo Pakistan, water scarcity was correlated with the escalating climate crisis.
Thus, PepsiCo made water stewardship their top priority in supporting the government in developing and managing the water sector for optimal use and community benefit,” he observed.