PepsiCo published its 2018 Sustainability Report, which highlights progress and goals in six priority areas where the company believes it can best make a contribution to building a more sustainable food system. In agriculture, more than half of PepsiCo's direct farmer-sourced agricultural raw materials, such as potatoes, whole corn, oats and oranges, were verified as sustainably sourced through its Sustainable Farming Program. The SFP promotes Integrated Pest Management and, at the end of 2018, 66% of farmers engaged through the SFP complied with the company’s IPM requirement, with nearly 100 % compliance in the U.S. More than half the palm oil and cane sugar used were sustainably sourced. The company continues working toward its target to reach 100% by the end of 2020. Already, 100% of the chips in the North American Frito-Lay portfolio, including Lay's® and Ruffles®, were made from sustainably sourced North American potatoes.

"As a global food and beverage leader whose products are enjoyed by consumers more than one billion times a day and that operates an agricultural supply chain touching 60 nations, we undoubtedly have a role to play in addressing the challenges of the modern food system, from climate change and resource scarcity, to packaging waste and income inequality," said Ramon Laguarta, PepsiCo's CEO and Chairman. "As we strive to use our global scale for good, we are deeply committed to accelerating progress in our sustainability agenda."