Suntory PepsiCo Vietnam Beverage (SPVB)

Suntory PepsiCo Vietnam Beverage Co., Ltd, a strategic alliance between Suntory (Japan) and PepsiCo (USA), is Vietnam’s leading beverage company. With a diverse portfolio of 13 popular brands including Pepsi, 7Up, Sting, Tea+, and Aquafina, the company has been a key player in the market for nearly three decades. Having invested over USD 500 million, Suntory PepsiCo operates five production plants, six sales offices, and employs more than 3,000 direct employees. The company is consistently ranked among the best workplaces, according to surveys by Anphabe.

‍Commitment to Sustainable Development

Guided by the philosophy of “Growing for Good” and the vision of “Giving Back to Society,” Suntory PepsiCo considers sustainability the foundation of its growth and leadership. The company’s achievements in 2022 reflect this commitment, earning numerous accolades such as the Top 1 Most Prestigious Non-Alcoholic Beverage Company in Vietnam, Top 3 Best Places to Work in the FMCG sector, and recognition among the Top 100 Sustainable Enterprises by VCCI. It was also named a Corporate Social Responsibility Champion by AmCham Hanoi and received the Human Resources Strategy Award for Sustainable Development.

Strategic Approach to Sustainability

Suntory PepsiCo’s sustainability efforts align with Vietnam’s national goal of achieving net-zero greenhouse gas emissions by 2050. The company focuses on four key areas: positive water impact, greenhouse gas reduction, sustainable packaging, and promoting health through improved product offerings. It actively collaborates with government agencies and key stakeholders to drive meaningful progress, reinforcing its initiatives with a dedicated ESG Committee to oversee implementation.

Achievements in Water, Carbon, and Packaging Sustainability

By the end of 2022, Suntory PepsiCo had reduced its water usage by 29% compared to 2015 and successfully reused 27% of water from production processes. Water conservation is further promoted through the company’s Mizuiku – I Love Clean Water educational program. In its commitment to reducing carbon emissions, Suntory PepsiCo aims for a 50% reduction in CO2 emissions from direct operations and a 30% decrease across its entire value chain by 2030.

The company has also made significant strides in sustainable packaging, achieving 95% of its goal to use only recyclable, compostable, or biodegradable materials. By implementing sustainable packaging solutions, it has reduced the use of virgin PET plastics by 1,100 tons and cut plastic consumption at the production level by 3,470 tons. Additionally, the company continues to innovate in health-conscious product development by reducing sugar content across its beverage portfolio and introducing new, healthier formulations.

Recognition for Sustainable Leadership

Suntory PepsiCo’s excellence in sustainability was recognized with the prestigious Asia’s Best Performing Companies award by ACES. The company’s structured and impactful approach to sustainable development ensures a positive contribution to the environment, its value chain, and the communities it serves. As a leader in the beverage industry, Suntory PepsiCo continues to set new benchmarks for responsible and sustainable business practices in Vietnam and beyond.