Keurig Dr Pepper
Keurig Dr Pepper is a beverage company with a diverse portfolio of over 125 brands, operating 30 manufacturing sites and 165 distribution centers, and employing more than 28,000 people. The company is committed to sustainability and diversity, with goals to improve packaging, sourcing, and representation by 2025 and 2030.
Company Overview
Keurig Dr Pepper is a prominent player in the beverage industry, offering a wide array of products, including soft drinks, specialty coffee and tea, water, juice, and mixers. The company boasts a portfolio of more than 125 owned, licensed, and partner brands. With over 28,000 employees, Keurig Dr Pepper operates 30 manufacturing sites and 165 principal warehouses and distribution centers. The company generates an annual revenue exceeding $14 billion.
Sustainable Initiatives
Keurig Dr Pepper has set several sustainability goals to be achieved by 2025. These include ensuring 60% of its product portfolio in the U.S. provides positive hydration, converting 100% of packaging to be recyclable or compostable, and using 30% post-consumer recycled content across its packaging portfolio. The company also aims to reduce virgin plastic usage in its plastic packaging by 20% and to send zero waste to landfill across its operations. Additionally, Keurig Dr Pepper commits to responsibly sourcing all its priority inputs.
Innovative Products
Keurig Dr Pepper has introduced several innovative products to enhance customer satisfaction. The K-Rounds™ plastic-free pods and the Keurig Alta™ brewer are notable introductions. The company has also launched the Keurig K-Brew+Chill™ brewer, featuring QuickChill Technology™, which allows for rapid beverage cooling. These innovations aim to provide environmentally friendly and convenient solutions to its consumers.
Diversity and Inclusion
Keurig Dr Pepper is committed to fostering diversity and inclusion within its workforce. By 2025, the company aims to increase female representation in Director and above positions to 33% and the representation of people of color in similar roles to 21%. These goals reflect the company's dedication to creating a more inclusive work environment and promoting equal opportunities across its operations.
Environmental Stewardship
Keurig Dr Pepper is dedicated to environmental stewardship and aims to support regenerative agriculture and conservation on 250,000 acres of land by 2030. This commitment underscores the company's effort to contribute to sustainable land management and environmental conservation practices. Through these initiatives, Keurig Dr Pepper demonstrates its responsibility toward building a sustainable future.