PepsiCo Releases 2008 Corporate Citizenship Report
PURCHASE, N.Y., Nov. 5 /PRNewswire-FirstCall/ -- PepsiCo (NYSE: PEP) announced
today the publication of its 2008 Corporate Citizenship Report executive
summary entitled "Performance with Purpose: Creating a Better Tomorrow for
Future Generations." The report details the company's progress in addressing
economic, environmental and social challenges in the 2008 fiscal year. The
full report can be found on
http://www.pepsico.com/Purpose/Sustainability/Sustainability-Report.html.
"As one of the world's largest food and beverage companies, we have some
distinct responsibilities," said Indra Nooyi, PepsiCo chairman and CEO. "We
have a responsibility to support economic development, to improve our
environmental footprint and to help work toward solutions to issues such as
obesity and undernourishment. This report captures the progress we have made
thus far, and provides a map of where we intend to go."
Based on Global Reporting Initiative (GRI) Sustainability Reporting
Guidelines, the 2008 report remains grounded in PepsiCo's mission of
Performance with Purpose - a balance of achieving continued financial success
while bringing purpose to the company's performance. The report highlights
PepsiCo's three areas of influence - human, environmental and talent
sustainability:
-- Human Sustainability - Nourishing our consumers through the products
we
offer -- from treats to healthy eats -- and through our efforts to
encourage more active lifestyles.
-- Environmental Sustainability - Protecting our natural resources and
operating in a way that minimizes our environmental footprint.
-- Talent Sustainability - Involving and empowering people, helping them
to
realize their potential, renew themselves and achieve success.
Some of PepsiCo's notable sustainable development achievements for 2008
include:
-- The conservation of more than 750,000 megawatt hours of energy and
more
than 7.5 billion liters of water vs. our 2006 baseline.
-- The introduction of a new half-liter bottle for Aquafina flavored
waters, Lipton Iced Teas and Tropicana juice drinks that contains 20%
less plastic than the previous bottle and the label is 10% smaller
than
before.
-- The launch of PepsiCo University, which offers a blended approach to
learning through both classroom activities and online tools.
-- News that its Walkers crisps brand reduced its energy use per pack by
one-third and its water use by 42%, following its carbon certification
in 2000.
-- Formation of a $6 million, three-year partnership with The Earth
Institute at Columbia University and the PepsiCo Foundation that
includes a series of community-based activities to address water,
agriculture and climate issues.
-- Development of Sustainability Engineering Guidelines based on LEED
standards that apply to all new construction as well as major remodels
of existing buildings globally, where practical.
-- Signing of the United Nations' CEO Water Mandate and actively support
its activity.
-- The launch of the Female Talent Development program in our Middle East
and Africa region to focus on workplace equality and increase
recruitment of women.
About PepsiCo
PepsiCo offers the world's largest portfolio of billion-dollar food and
beverage brands, including 18 different product lines that each generates more
than $1 billion in annual retail sales. Our main businesses - Frito-Lay,
Quaker, Pepsi-Cola, Tropicana and Gatorade - also make hundreds of other
nourishing, tasty foods and drinks that bring joy to our consumers in over 200
countries. With more than $43 billion in 2008 revenues, PepsiCo employs
198,000 people who are united by our unique commitment to sustainable growth,
called Performance with Purpose. By dedicating ourselves to offering a broad
array of choices for healthy, convenient and fun nourishment, reducing our
environmental impact, and fostering a diverse and inclusive workplace culture,
PepsiCo balances strong financial returns with giving back to our communities
worldwide. PepsiCo is listed on the Dow Jones Sustainability Index (World and
North America). For more information, please visit www.pepsico.com.
SOURCE PepsiCo
Dave DeCecco, +1-914-253-2655, david.dececco@pepsi.com, or Michelle Naughton,
+1-914-253-2950, michelle.naughton@pepsi.com
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