Entering the third and final year, PepsiCo, Inc. has announced it has added 16 new organizations to culminate “Team of Champions” — a national purpose platform that improves access to soccer in underserved communities, including Black and Hispanic youth, across the U.S. The $1 million commitment made over the past three years has made actionable investments on and off the field, including helping teams with apparel and equipment costs, field access, mentoring, coaching and education, and fan experiences. By continuing to expand its reach into more communities in 2023, “Team…
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PepsiCo Releases 2022 Global DE&I Report: Gender Parity in Management Rises to 44%
PepsiCo, Inc. has published its most recent Global Diversity, Equity and Inclusion (DE&I) Report, illustrating actions that are driving equity and further embedding pep+ into the organization. Key accomplishments include making progress on gender parity in management globally, maintaining pay equity, while supporting historically marginalized communities around the world. To help ensure the report can be read and understood by all communities, PepsiCo included content by video and audio in addition to a written report. As a result of progress in DE&I, PepsiCo has been recognized in rankings such as…
Read MorePepsiCo Announces $216 Million Investment in Long-term Partnerships with Three Major Farmer-facing Organizations to Support Regenerative Agriculture Transformation on More than Three Million Acres of U.S. Farmland
PepsiCo has announced a $216 million multi-year investment in long-term, strategic partnership agreements with three of the most well-respected farmer-facing organizations – Practical Farmers of Iowa (PFI), Soil and Water Outcomes Fund (SWOF), and the IL Corn Growers Association (ICGA) – to drive adoption of regenerative agriculture practices across the United States. The combined impact of these three strategic partnerships is expected to support the accelerated uptake of regenerative practices on more than three million acres and deliver approximately three million metric tons of greenhouse gas (GHG) emission reductions and…
Read MorePepsiCo Beverages & Frito-Lay Announce $3.3 Million In Water Replenishment Projects To Drive Progress Toward PepsiCo Positive Water Positive Goals
PepsiCo Beverages North America (PBNA) and Frito-Lay North America (FLNA) have announced a commitment of $3.3 million in funds toward water replenishment projects across North America. These projects aim to advance PepsiCo’s ambitious effort to become Net Water Positive by 2030, which includes reducing absolute water use and replenishing back into the local watershed more than 100% of the water used at company-owned and third-party sites in high water-risk areas. PepsiCo’s industry-leading efforts are being recognized with the 2023 Industrial Water Reuse Champions Award by WateReuse Association, the U.S. Chamber of Commerce,…
Read MoreSiemens, Unilever, Maersk and DFDS join business coalition calling for 2035 deadline for zero-emissions trucks in EU
The EU needs to show leadership for the sake of the climate and the bloc’s future competitiveness by ensuring all new freight trucks are zero-emissions from 2035, a broad business coalition of 44 companies says. In a letter to the EU Commission, signed by globally recognised brands including Siemens, Maersk, Unilever and PepsiCo, the coalition writes that the 2035 deadline is not just feasible but necessary to fully replace the fossil-powered truck fleet in time for the EU to reach climate neutrality by 2050. A 2035 zero-emissions target for new…
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