More Countries, More Water: AquaFund achieves larger Impact in México

Last week I was honored to represent the PepsiCo Foundation at the launch of the AquaFund project in Mexico, a program that comprises financial support from the Inter-American Development Bank (IDB), the PepsiCo Foundation, the Swiss Cooperation, and the government of Austria, to facilitate investment mainly in water supply and sanitation in underserved communities of Latin America and the Caribbean. PepsiCo respects the human right to water and has committed, through its “Performance with Purpose” vision, to help protect and conserve global water supplies especially in water-stressed areas, as well as provide access to safe water.  In 2013, PepsiCo announced the achievement of its previously stated goal of partnering to provide access to safe water to three million people in developing countries by the end of 2015 and committed to an additional three million people by the end of 2015. To achieve this, PepsiCo has established... Read more

Performing with Purpose

At PepsiCo, Performance with Purpose is our goal to deliver sustained value for our business, for the planet and the communities in which we live and work. For me, and many others at PepsiCo, Performance with Purpose is the reason we joined the company, and it remains at the heart of what we do and the decisions we make in our professional roles. But this powerful idea also applies to life outside of work. For me, it’s about living in the moment, and being very deliberate, thoughtful and intentional. I have two young children and it’s an understatement to say that life is hectic at home. There is just so much to do, and so much I want to do, every day. Sometimes it’s easy to just get swept along with the pace of daily life, and to chase, rather than savor, each moment. Performing with purpose, then, is... Read more

Water Cooperation: Progress through Partnership

World Water Week is underway in Stockholm and this year’s theme is water cooperation, following on the United Nation’s call for 2013 as the International Year for Water Cooperation. For PepsiCo this is a perfect opportunity to highlight its comprehensive approach to water stewardship, including the key partnerships that help the PepsiCo Foundation provide access to safe water as well as the company’s operational successes to increase water use efficiency. Effective water stewardship is achieved through a variety of means but the goal is always the same: to use water responsibly. Transforming aspiration into reality demands engagement at every level. No single entity, program or organization has the resources or capacity to tackle this challenge single-handed. Collaborative innovation is the vehicle by which the goal of global sustainable water management and access to safe water will be met. In short, progress comes through partnership. Community partners, internal practices The ongoing... Read more

Partnering with Top Chefs to Drive Product Innovation

PepsiCo and the Culinary Institute of America (CIA) joined together last month to host a Culinary Exploration Workshop. This first-of-its-kind event convened top chefs from around the world to discover new ways to improve nutritional quality of food while maintaining the same great taste as traditional dishes. The event is part of PepsiCo’s continued focus on driving new product innovation across our portfolio and creating the next generation of products our consumers are looking for. Professional chefs have a deep understanding of ingredient functionality, culinary techniques and flavor perception. Our workshop – held at the CIA in Napa, CA – was centered on understanding how top chefs evoke rich, salty, and savory flavors in their dishes while minimizing their usage of sodium and fat. During the event, the PepsiCo R&D team observed every move and captured culinary insights– from ingredients to flavors to cooking techniques. We plan... Read more

Progress on the Environmental Sustainability Journey

Like many organizations, we have been on a sustainability journey, learning how to balance short-term and long-term goals and position our company for success for generations to come. We anticipated the need to take environmental stewardship to a whole new level at the start of the new millennium, recognizing that environmental sustainability was becoming a core component of sustainable success. We began to put in place the systems, processes and metrics needed to drive continual improvement in conserving energy and water as well as to reduce the amount of packaging materials we use for our foods and beverages. Our sustainability agenda became even more integrated into our business in 2007 when our Chairman and CEO Indra Nooyi introduced “Performance with Purpose,” our goal to deliver sustained financial performance by providing a wide range of foods and beverages from treats to healthy eats; finding innovative ways to minimize... Read more

Ten Qualities of a Creative and Innovative Culture

Mauro Porcini has lots of ideas. As PepsiCo’s first-ever chief design officer, he has to. It’s Mauro’s job to infuse new thinking into PepsiCo and its culture by managing design with a creative, innovative and consumer-centered approach. It’s a critical role at PepsiCo, where identifying new ideas and creating innovative capabilities is a key part of the company’s growth strategy. Not long ago, in The Design Management Review*, Mauro described what he believes are ten important characteristics of individuals in an environment where creativity and innovation thrive. Check them out below: 1. Be Curious. Hunt the world for insights and information, for the new and different, and for the exciting and unusual. 2. Love Diversity. Nurture yourself with diversity. Never be afraid of it. 3. Listen with Humility. Open your ears and open your mind. Don’t fall into the trap of arrogance, because you will stop learning and you will... Read more

Loyal Fans. Unforgettable Experiences. #LIVEFORNOW

It’s long been a Pepsi tradition to join forces with music icons to deliver our fans amazing experiences and moments that have changed the pop cultural zeitgeist. This year alone we’ve joined forces with artists as diverse as Beyoncé, Blake Shelton, Eva Simons, 3BallMty and Hunter Hayes and have a major presence at live events like iHeartRadio, CMA Fan Fest and Wireless in London. Around the world we partner with major television music competitions like The Voice, X FACTOR and American Idol, and have kick-started Pepsi Music academies in Dubai and China to help up and coming artists realize their dreams. All in an effort to help our fans discover new music, get closer to their favorite artists and live events and make the most of every moment. Now we’d like you to experience the excitement of “now”, so please visit the Pepsi “Pepsi Pulse” dashboard and... Read more

Five Places I Love in the Middle East

The Middle East and North Africa region, or MENA, is perhaps the most exciting and dynamic place on earth right now. It has the world’s youngest population, with the majority of people below the age of 30, and it has a diverse and vibrant economy. It also happens to be a great part of the world for PepsiCo, where both our beverages and snacks enjoy status as some of the region’s best-loved brands. We sell a wide variety of products in MENA beyond Pepsi and Lay’s, including a sparkling juice drink called Tropicana Frutz, a non-alcoholic malt beverage called Bario, a savory bread snack under the Sun Bites brand and Quaker “Oats for Rice.” I was born in the region and grew up here, both personally and professionally, and one thing I love about it is the amazing places to visit. Below is the list of my... Read more

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