Our business depends on a healthy agricultural supply chain because agricultural products are ingredients in just about all of our beverages and an increasing array of our packaging. While we do not have direct control over agricultural practices, we do have an opportunity to encourage more sustainable practices throughout our global supply chain.
To support sustainable agriculture practices, we are:
Incorporating sustainable agriculture criteria into our ingredient sourcing plans.
Working with partners and suppliers to improve livelihoods through efforts to increase crop yields and reduce production costs.
Helping farmers to improve agricultural practices and reduce environmental impacts, such as minimizing the use of pesticides and optimizing fertilizer applications.
Helping build industry-wide collaboration to gain alignment and effect change in the agricultural sector.
In July 2013, we set a new system-wide goal to sustainably source key agricultural ingredients by 2020. The Company will track sustainability performance of ingredients to ensure it aligns with our Sustainable Agricultural Guiding Principles, which set expectations for our suppliers and address sustainability challenges specific to agriculture. We are currently establishing baselines and developing regional and crop-specific roadmaps for meeting this commitment.
In partnership with WWF, we have initiated a number of pilot projects to improve production and farm practices. We have teamed up with sugarcane producers in Australia, Belize, Brazil, El Salvador, Guatemala, Honduras, and South Africa and with UNDP in China to launch pilot projects demonstrating innovative growing and production methods that benefit producers, communities and the environment. In addition, we have projects on going with WWF on corn, citrus and tea, and we are expanding to include more priority ingredients