PepsiCo is a global food and beverage leader with a product portfolio including 22 brands that generate more than $1 billion each in annual retail sales. Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world.
8 years ago - PepsiCo has announced it will begin incorporating cashew juice into its blended juice products next spring as part of partnership with the Clinton Foundation, which aims to encourage sustainable agriculture and improve the livelihoods of smallholder farmers in Maharashtra, India.Through the Clinton Foundation’s Clinton Giustra Enterprise Partnership model, founded by President Bill Clinton and philanthropist Frank Giustra, this initiative will apply modern agricultural techniques to improve cashew farming practices, boost yield and productivity, and increase income for local smallholder farmers. It will also scale up and strengthen India’s cashew supply chain to build the future potential of a domestic and export market.
8 years ago - PepsiCo and The Nature Conservancy (TNC) today announced a five-year partnership called Recycle for Nature, aimed at inspiring people to protect drinking water sources in the US through recycling. The initiative's goal is to save and restore one billion gallons of water over five years in rivers that supply water to more than 35 million people across nine states - including the Colorado River, Denver's Front Range Forests, Arizona's Verde River, Arkansas' Kings River and North Carolina's Cape Fear River.
8 years ago - Previous articles in this series talked about leading businesses taking bold steps on their own for the common good — because it's the right thing to do — even if it costs the company financially in the short term.This time I want to point to the latest wave of businesses working collaboratively on the urgent, common ground issues of renewable energy and climate policy. In America's history of westward expansion and exploration, pioneer families came together in wagon trains for mutual support. In the same way, the examples below show that businesses are taking action, together, to ensure a more certain future that's good for all of us and for business.
8 years ago - If I had written this last Tuesday, it would have been titled “Environmental activists stoop to new low: Spend money to rent boat to illegally trespass to protest sustainability conference.” However, after three days with thought leaders in corporate sustainability, my sentiments have shifted.
8 years ago - Today, a group of public interest organizations called on Walmart and the eight other companies involved in the recently launched $100M “Closed Loop Recycling” loan fund, to instead support proven policies to boost recycling, such as extended producer responsibility (EPR), which holds consumer goods companies financially responsible for the collection of their packaging post-use (rather than having taxpayers and local governments foot the bill) and meeting recycling targets.
8 years ago - Two reports released this week examine the increasingly urgent risks to which major corporations around the world are vulnerable thanks to climate change, along with their own part in exacerbating those risks and how they could act to mitigate them.Gap, HP, PepsiCo and over 50 other S&P 500 companies are feeling climate-change-related risks increase in urgency, likelihood and frequency, with many describing significant impacts already affecting their business operations, according to a new report from CDP.
8 years ago - Last week, PepsiCo became the latest in a recent string of consumer packaged goods (CPG) giants — including Colgate-Palmolive, General Mills, Kellogg and Procter & Gamble — to announce a new “zero deforestation” palm oil sourcing commitment.
8 years ago - Today, Walmart joined forces with CEOs from more than a dozen global companies — including Kellogg, P&G, Monsanto, Campbell Soup, PepsiCo, General Mills and the Dairy Farmers of America — to sign new commitments that accelerate innovation in sustainable agriculture and recycling. The pledges kicked off Walmart’s inaugural Sustainable Product Expo, a three-day collaboration to expand the availability of products that sustain people and the environment. Together, the participating suppliers represent more than $100 billion in sales at Walmart.
8 years ago - PepsiCo, Unilever, Heineken and more than 50 other members of the Sustainable Agriculture Initiative (SAI) Platform have developed the world’s first industry-aligned Farmer Self-Assessment (FSA) of sustainable agriculture practices, launched earlier this month at SAI Platform’s General Assembly in Seville, Spain.The FSA is designed for farmers to assess their sustainable agriculture practices in a way that is universally recognized by the food and drink industry, SAI says. The industry-aligned set of assessment criteria for farmers meets the sustainable sourcing needs of many companies. Any farmer can complete the assessment online and it can be used for most crop types, farm sizes and locations around the world.
8 years ago - General Motors, Samsung and Best Buy are among the 127 organizations to receive 2014 Energy Star Partner of the Year Awards, which the Environmental Protection Agency awards to organizations that have demonstrated innovative strategies to help customers, partners and stakeholders to save energy and reduce greenhouse gas (GHG) emissions through energy-efficiency projects.Other recipients include Meritage Homes Corporation, PepsiCo, Sears, 3M and LG Electronics.
8 years ago - When Patagonia launched its Responsible Economy campaign last fall, VP of Environmental Initiatives Rick Ridgeway eloquently summed up the ‘elephant in the room’ of capitalism: Growth is not sustainable. Ridgeway accepts that evolving from our current economic system will be especially challenging for larger companies with insatiable IPOs, but I’d like to share some ways it not only can be done but is being done.1. CSRCorporate social responsibility has been a fantastic gateway for newcomers to sustainable business values, allowing a brand to better understand its impacts and act as a baseline to refer back to over time.
8 years ago - It is becoming increasingly clear that the traditional view of business existing purely to maximise profit for shareholders is not so much wrong as built for another time. Businesses have been slowly moving towards a model that recognises the impact they have on society and the environment, putting increasing amounts of budget and resources towards mitigating that impact. But just minimising the amount of environmental damage a business does is no longer enough.Nor is it sufficient to rely predominantly on CSR to create a good impression. Information is becoming ever more accessible, which means that businesses are subject to greater levels of scrutiny than ever before.
8 years ago - The Grocery Manufacturers Association (GMA) — which represents food-industry giants including Coca-Cola, MARS, Kellogg, P&G, McDonald’s, Mondelez International, Starbucks, Hershey, General Mills and roughly 300 others — announced this week that it will petition to the chief U.S. food safety regulator and Congress to enact a single federal standard for the labeling of genetically modified (GMO) foods.
8 years ago - 16 of the nation’s leading food and beverage companies sold 6.4 trillion fewer calories in the United States in 2012 than they did in 2007, according to the findings released last week by the Robert Wood Johnson Foundation (RWJF). The companies, acting together as part of the Healthy Weight Commitment Foundation (HWCF), pledged to remove 1 trillion calories from the marketplace by 2012, and 1.5 trillion by 2015. The independent evaluation found that the companies have so far exceeded their 2015 pledge by more than 400 percent.The 16 companies committed to the HWCF calorie-reduction pledge are:
8 years ago - 2013 was a banner year for companies using their muscle to drive transformative change, both internally and globally. Without further ado, here is just a taste of some of the progress we found most inspiring.
8 years ago - Somehow it’s already year-end, a time to look back and try to make sense of what’s happened. Creating any “top” list of stories from 12 months is nearly impossible. But as I’ve done for the last 4 years, I’ll attempt to summarize some of the latest stories about the big environmental and social pressures on business, and how some innovative companies are dealing with them.
8 years ago - This is the first in a series of excerpts from Engaging Outraged Stakeholders: A How-To Guide for Uniting the Left, Right, Capitalists and Activists (Affinity Press, 2013), the new book from Future 500, co-written by CEO Bill Shireman, COO Erik Wohlgemuth and VP of Stakeholder Engagement Danna Pfahl. We begin with the first of two posts that make up Chapter Two: The Power of Engagement.
8 years ago - In sustainability, the 'lone wolf' will soon be a thing of the past, as collaboration becomes increasingly necessary to make real changes.In October, Dell outlined its 2020 Legacy of Good plan, but admitted that it wouldn't be able to achieve its ambitious goals alone.Step in #theBIGshift — Forum for the Future's latest (and potentially biggest) initiative aims to transform the key systems that we rely on, and champion the rewards for those businesses and other organizations who are stepping up to the challenge of creating a sustainable future.
8 years ago - Nestlé has announced a commitment to helping reduce waste and boost responsible disposal in Chile by supporting a new recycling network.The company has backed the “Collective Recycling Project,” which aims to recycle about 1,200 tons of waste per year through the installation of five recycling centers in the capital city of Santiago.The project is a joint collaboration with Walmart Chile, Coca-Cola Chile, PepsiCo and Unilever, with the goal of improving waste management in the country.
8 years ago - Global opinion research consultancy APCO Insight last week revealed its list of the 100 Most Loved Companies, based on findings generated by its Emotional LinkingSM model, which measures consumers’ emotional attachment to brands. The Walt Disney Company was ranked #1, but the list was largely dominated by tech companies — Yahoo!, Google and Sony rounded out the top four.