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PepsiCo, Wal-Mart Join Efforts To Protect The Amazon, Other Ecosystems

May 23, 2012: 03:56 AM EST
PepsiCo and Wal-Mart partnered with the U.S. Agency for International Development and several nonprofit organizations to protect Brazil's Amazon rain forest and other ecosystems. As part of the partnership deal, the companies will conduct an ecosystem review to determine how they can profit while working to protect or rebuild ecosystems and biodiversity. The Brazilian Business and Ecosystem Services Partnership and partner organizations, including World Resources Institute and Center for Sustainability Studies of the Getulio Vargas Foundation, will help PepsiCo and Wal-Mart and other companies to include ecosystem services in their business practices.
Avery Fellow , "PepsiCo and Wal-Mart Attempt to Value the Amazon", Bloomberg, May 23, 2012, © BLOOMBERG L.P.
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