Diversity and Inclusion – An Asia Pacific Strategic Priority

As a global company with operations in more than 200 unique and dynamic countries and territories, our diverse workforce provides PepsiCo a competitive business advantage. Performance with Purpose is PepsiCo’s goal to deliver sustained financial performance, and a key part of that is creating a diverse and inclusive workforce that fuels innovation, fosters creativity, strengthens our reputation and promotes employee engagement. PepsiCo’s Asia-Pacific region, part of the growing Asia, Middle East and Africa sector, is making tremendous progress advancing this vision by promoting the diversity, talents and abilities of its associates. View the infographic below to learn more. Read more

Momentum in Myanmar

A key component of PepsiCo’s growth strategy is to aggressively invest in emerging and developing markets where economic growth and rising consumer incomes are increasing demand for convenient food and beverages.  These markets have become a growing revenue source for the company. In 2012, emerging and developing markets accounted for 35 percent of PepsiCo’s net revenue, up from 24 percent in 2006.  One such market is Myanmar, where this week Chairman and CEO Indra Nooyi kicked off a trip to PepsiCo’s Asia-Pacific region with a visit to the capital of Myanmar to co-chair the World Economic Forum on East Asia 2013. Myanmar is “a story that is just beginning to unfold,” said Indra. “Political reform is happening here and as economic reform starts to happen here in Myanmar, I think this is going to be an unbelievable growth story for many years to come.” In Myanmar, PepsiCo signed... Read more

Prototype Predicts Water Variability to Mitigate Climate Risk

Columbia Water Center and PepsiCo have been partners for more than five years. Our collaboration has helped improve efficiency of agricultural water use and provided communities with access to clean water. We are now working to understand the impact of climate change on the water supply, which is critical to the agricultural supply chain. To this end, we are pleased to highlight our recent paper, Toward Hedging Climate Risk in Corporate Value Chains. Global climate risks that manifest as droughts and floods are an increasing concern. The associated regional variability in water supply poses risks to large multinational companies, especially those who rely heavily on agricultural commodities. Columbia Water Center, in collaboration with PepsiCo, has developed a probabilistic model to quantify and analyze climate-induced water risks. This model will provide a framework for a tool for forecasting near-term climate patterns and water availability across PepsiCo’s agricultural sourcing... Read more

Progress Towards a Healthier Future

Today’s news that the Healthy Weight Commitment Foundation has exceeded its goal of reducing 1.5 trillion calories in the marketplace marks significant progress in the effort to curb obesity and encourage healthy lifestyles. (Read the announcement here.) It also demonstrates the important role companies must play as part of the solution. No single company, government or NGO can possibly address these issues alone. Solutions require a comprehensive, collaborative approach that unites the public and private sectors behind a set of common goals. Working together, we can continue to achieve meaningful results. PepsiCo has long recognized the role of industry in achieving solutions. In 2006 we set forth Performance with Purpose, which is our vision to succeed in the long term by creating sustained value. We’ve ... Read more

Water Stewardship: The Importance of Local Engagement and Collaboration

Earth Day is an opportunity to highlight our commitments, challenges and achievements toward a more sustainable future. At PepsiCo, we know that no resource is as critical to our planet as water. We also know that a healthy watershed provides a reliable water supply for use by business, community and agriculture. Last week, the World Business Council for Sustainable Development’s water leadership group launched “Sharing Water, Engaging Business,” a report highlighting the business case for local engagement and collaboration. The report is a key deliverable of the leadership group’s water stewardship pathway, which is led by PepsiCo. By describing the important functions that watersheds perform – from filtering runoff to absorbing flood waters to recharging groundwater reserves – the report makes the case for business involvement... Read more

PepsiCo and World Water Day 2013: International Year of Cooperation

The theme for World Water Day 2013, the International Year of Cooperation, suits PepsiCo perfectly. I’ve written in the past about the importance of collaboration if we are to have a chance of successfully addressing the global water crisis. PepsiCo understands that by working together, we can make the biggest impact on global challenges like water. Read more

Will You Pledge to Support International Women’s Day?

A message from Pamela Culpepper, senior vice president, Global Chief Diversity and Inclusion Officer – PepsiCo Today, the world will celebrate International Women’s Day. Twenty-seven countries, including China, Russia, Vietnam and Bulgaria, to name a few, have even designated this 105-year-old event a national holiday. The question is, will you pledge support? This extraordinary celebration of women’s equality began in 1908, when 15,000 women marched through New York City demanding shorter hours, better pay and voting rights. They’ve come along way, considering that last week, women executives from leading global businesses like Yahoo!, Facebook and Hewlett-Packard have dominated the news. The conversation on working conditions and pay for women in business continues to be dynamic, vibrant and capable of changing worldviews. It goes without saying that our own Chairman and CEO, Indra Nooyi, is invested in this dialogue. In honor of the contribution women make around the world... Read more

Capturing Hearts with Local Flavors: PepsiCo’s Winning Knowledge

Food represents a core part of any culture. Flavors bind us together, carrying deep cultural traditions as well as sheer pleasure and comfort. So food makers can succeed or fail in any given market based on their understandings of local culinary traditions and tastes. For PepsiCo, as one of the world’s leading food and beverage companies, the winning formula in emerging markets is the combination of local tastes and blockbuster global brands. In Russia, PepsiCo’s second largest market after North America, and where PepsiCo is the No. 1 food and beverage company with around twice the sales of its nearest competitor, superior local knowledge has been a critical part of the recipe for success. Present in the market for five decades, PepsiCo has made its Pepsi, Mirinda and Lipton brands well-established parts of the consumer landscape. Equally, PepsiCo has a stable of winning local products, such as... Read more

An Inside Look at PepsiCo’s Russian Business

We were excited to recently welcome Bloomberg Businessweek to go behind the scenes of our business in Russia, our largest market outside the United States. It was a great opportunity to show firsthand why PepsiCo  is in such a strong position across the country with eight of the top 20 food and beverage brands. Read the full article on our portfolio, our people and our strategy in the region. Spread over nine time zones, Russia is a tough feat to cover in just a few days, so we developed an itinerary that included a range of location visits and meetings that would provide a rich experience. I was lucky enough to take part in the trip. Some of the elements included: Lunch in a local Russian family’s home to help the reporter understand what makes Russian consumers tick and how they use our products in their everyday lives.... Read more

A History of Success in Russia

Russia’s economy is expanding at a breakneck pace. It’s well-positioned as third largest trading partner for the European Union and the 20th for the U.S. The country boasts 140 million potential consumers, and its growing middle class has demonstrated a desire for the latest cars, electronics, appliances and convenient foods and beverages. Including CIS countries, the market is made up of 350 million consumers, larger than the U.S. and even more compelling. Russia is truly a land of opportunity for manufacturers and multinationals of all types. Yet many multinationals remain strangers to the region. Others are working fast to play catch-up and make inroads. Conversely, PepsiCo has been a part of Russian culture for over 50 years, and its relationship with Russia has grown only closer. It was in 1959 when Vice President Richard Nixon and Soviet Premier Nikita Khrushchev shared a glass of Pepsi Cola for the... Read more