Keurig Dr Pepper : 2024 Goal Methodology & Progress Summary

Published: 2025-06-19 19:44:05 ET KDP

Published on 06/19/2025 at 19:44

Goal Methodology & Progress Summary

Goal Methodology & Progress Summary

GOAL*

UNIT OF MEASURE

BASELINE (YEAR)

COMMITMENT MADE (YEAR)

2022

ACTUAL

2023

ACTUAL

2024

ACTUAL

BOUNDARIES

EXCLUSIONS

OTHER/COMMENTS

Engage bottlers

% of Scope 3

N/A

2019

44%

46%

50%

The suppliers and bottlers targeted

None

Determined using publicly available

and select suppliers

emissions covered

cover the Scope 3 categories of

information, such as supplier sustainability

representing

by bottler and

purchased goods and services,

reports and/or third-party resources such as

50% of Scope 3

supplier science-

downstream transportation and

the Science-Based Target initiative (SBTi).

emissions to set

based targets

distribution, processing of sold

Read more in our CDP Climate Disclosure.

a science-based

products and the end-of-life

target by 2024

treatment of sold products.

Obtain 100% of

Renewable

N/A

2019

74%

83%

85%

All KDP-owned and operated

None

Goal in alignment with RE100 Technical

electricity from

electricity

facilities' electricity consumption

Criteria.

renewable sources

purchases as %

is included. Consumption is

by 2025

of total electricity

estimated for some small sites.

purchases

Reduce Scope 1 and

MTCO2e

2018

2019

13%

21%

21%

The reductions targeted are

Refrigerant

Goal validated by SBTi. Read more in our

2 emissions by 30%

(metric tons

against all KDP energy use from

leaks from HVAC

CDP Climate Disclosure.

by 2030

carbon dioxide

owned and operated assets and

systems in

equivalents)

purchased electricity.

facilities.

Reduce Scope 3 emissions in select categories by 15%

by 2030

MTCO2e

(metric tons carbon dioxide equivalents)

2018

2019

1%

5%

13%

The reductions targeted cover the Scope 3 categories of purchased goods and services (PET and glass packaging), fuel and energy-related activities, upstream transportation and distribution and the use of sold products.

None

Included categories account for approximately 20% of our Scope 3 emissions. Scope 3 emissions are calculated with a methodology that has been updated in 2024 and now reflects the inclusion

of improved data sources and updated emissions factors. Historical figures have been updated to reflect these changes where appropriate. The latest datasets available at the time of publication are used, and where data were not available,

estimated data were used.

Goal validated by SBTi. Read more in our CDP Climate Disclosure.

*Goal time horizon is measured at the end of the specified year.

N/R = disclosures are not reported; N/A = disclosures are not applicable GOAL METHODOLOGY & PROGRESS SUMMARY 2

GOAL*

UNIT OF MEASURE

BASELINE (YEAR)

COMMITMENT MADE (YEAR)

2022

ACTUAL

2023

ACTUAL

2024

ACTUAL

BOUNDARIES

EXCLUSIONS

OTHER/COMMENTS

Support regenerative agriculture and conservation on 250,000 acres of

land by 2030

Number of cumulative acres supported since 2022

N/A

2021

11,296

43,435

129,013

Coffee, corn (for high fructose corn syrup), apple supply chains.

Coffee: Soluble and freeze-dried coffee; other coffee-based ingredients; green coffee extract; green coffee or other coffee inputs purchased by partners.

Methodology was developed in partnership with Terra Genesis International with significant stakeholder outreach to farmers, nonprofit and industry organizations.

All regenerative agriculture and conservation projects follow the guidelines established

in KDP's Regenerative Agriculture & Conservation Monitoring and Evaluation Guide. For an acre to be counted toward our regenerative agriculture goal, two

qualifying practices must be demonstrated.

Corn: corn starch, citric acid, erythritol, corn syrup, soluble corn fiber, gin, vodka, brown caramel color.

Apple: purees, flakes.

One project, implemented in KDP's coffee supply base by Root Capital, supported both intercropping and customized farm-level technical assistance - the latter tracked

only as a percent coverage of their farmer base who received the assistance. In that instance, we worked with Root Capital to assume an 80% overlap of the two practices for purposes of determining qualified acreage.

Improve our water

% improvement

2017

2019

7%

5%

7%

Manufacturing sites that produce

Excludes coffee

Approach is aligned to Beverage Industry

use efficiency by

in water use ratio

liquid refreshment beverages.

production,

Environmental Roundtable.

20% by 2025

(water use ratio =

applesauce

water withdrawal

production, third-

divided by total

party production

finished product)

and all other

facilities that

produce liquid

refreshment

beverages that

were not fully

operational in the

reporting year.

*Goal time horizon is measured at the end of the specified year.

N/R = disclosures are not reported; N/A = disclosures are not applicable GOAL METHODOLOGY & PROGRESS SUMMARY 3

GOAL*

UNIT OF MEASURE

BASELINE (YEAR)

COMMITMENT MADE (YEAR)

2022

ACTUAL

2023

ACTUAL

2024

ACTUAL

BOUNDARIES

EXCLUSIONS

OTHER/COMMENTS

Partner with our highest water-risk operating communities to replenish 100% of water used in our beverages in those communities by 2030

% water replenished of volume used in products produced at

highest water-risk sites

N/A

2019

55%

55%

66%

Ten focus communities were determined by a water risk assessment that utilized the Ecolab Water Risk Monetizer and the World Resources Institute's Aqueduct Water Risk Atlas, and expert knowledge from LimnoTech. The locations are: Miami and Jacksonville, Florida; Houston

and Irving, Texas; Sacramento, Vernon and Victorville, California; and Tecámac, Tehuacán and Tlajomulco, Mexico.

Water replenishment project water volumes are calculated on a yearly basis (ML/yr), based on the annual volume benefit they deliver.

Replenish volumes are only counted toward the sites that produce liquid refreshment beverages sharing the same watershed and only up to 100% of that site's water use volume.

None

Prior to 2022, progress toward this goal was calculated as a percentage of the forecasted goal, not as a percentage of the

reporting year's water consumption for sites in scope. Following the expansion of the

goal boundary from six to 10 sites, as well as extending the target completion year to 2030, performance for 2022, 2023 and 2024 is reported as volume replenished in the reporting year per volume of consumption in the reporting year. Duration of volumetric benefit varies and is based on project characteristics. Benefit duration is capped at 10 years. Goal validated by Limnotech.

Convert 100% of packaging to be recyclable or compostable by 2025

% of total packaging by weight

N/A

2019

94%

95%

96%

Primary, secondary and tertiary packaging from KDP-owned and operated food and beverage manufacturing facilities as well as packaging used for brewers.

Third-party bottlers' packaging material.

Plastic strapping, adhesives, tapes, wood pallets, brewers, brewer components and brewer accessory packaging.

Ongoing projects to recycle coffee brewers are additional to this goal.

*Goal time horizon is measured at the end of the specified year.

N/R = disclosures are not reported; N/A = disclosures are not applicable GOAL METHODOLOGY & PROGRESS SUMMARY 4

GOAL*

UNIT OF MEASURE

BASELINE (YEAR)

COMMITMENT MADE (YEAR)

2022

ACTUAL

2023

ACTUAL

2024

ACTUAL

BOUNDARIES

EXCLUSIONS

OTHER/COMMENTS

Use 30% post-consumer recycled content across our packaging portfolio by 2025

% of total packaging by weight

N/A

2019

24%

27%

26%

Primary, secondary and tertiary packaging from KDP-owned and operated food and beverage manufacturing facilities as well as packaging used for brewers.

Third-party bottlers' packaging material.

Plastic strapping, adhesives, tapes, wood pallets, brewers, brewer components and brewer accessory packaging.

Ongoing projects to incorporate PCR content in coffee brewers are additional to this goal.

Use 25% post-consumer recycled content in our plastic packaging by 2025

% of total plastic packaging by weight

N/A

2019

18%

17%

16%

Primary, secondary and tertiary plastic packaging from KDP-owned and operated food and beverage manufacturing facilities, as well as plastic packaging used for brewers.

Third-party bottlers' packaging material.

Plastic strapping, adhesives, tapes, wood pallets, brewers, brewer components and brewer accessory packaging.

Ongoing projects to incorporate PCR content in coffee brewers are additional to this goal.

*Goal time horizon is measured at the end of the specified year.

N/R = disclosures are not reported; N/A = disclosures are not applicable GOAL METHODOLOGY & PROGRESS SUMMARY 5

Disclaimer

Keurig Dr Pepper Inc. published this content on June 19, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 19, 2025 at 23:43 UTC.