PepsiCo’s Supplier Diversity Program Celebrates 40th Anniversary and Commits to Spending More than $400 Million Annually with Black and Hispanic-owned Suppliers

PepsiCo is celebrating the 40th anniversary of its Supplier Diversity Program, where it currently spends more than $1 billion annually with certified, diverse suppliers, including Women, Black, Hispanic, Asian, LGBTQ+, Native American, Individuals with Disabilities, and U.S. Veterans. The anniversary commemorates a tremendous milestone for the company, from an initial spend of $5 million in 1982 to nearly $30 billion spent over the past 40 years across PepsiCo’s entire value chain. The company is also committing to expanding its base and increasing overall spend through new forums, mentorship, partnerships and…

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