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PepsiCo, Inc. is a world-renowned food and beverage company founded in 1965 and headquartered in Purchase, New York. The company offers a wide range of products, including drinks, snacks, and other food products, under the PepsiCo brand name.
As one of the world’s largest food and beverage companies, PepsiCo has built its success on a strong corporate culture. Fostering collaboration, creativity, and innovation within its near 300,000 employees, the company encourages its people to challenge conventional wisdom and pursue high standards of excellence.
At PepsiCo, “Performance With Purpose” is not only a central tenet of its corporate culture, but also the guiding principle of its corporate responsibility strategy. Its corporate strategy involves the reduction of environmental impact, positive nutrition innovation, respect for human rights, and commitment to its employees.
Most notably, PepsiCo’s Performance with Purpose philosophy drives its commitment to a “Greener Tomorrow.” PepsiCo has been at the forefront of environmental initiatives, such as launching the PlantBottle packaging, made from 25 percent plant-based materials. This packaging reduces reliance on petroleum-based packaging and is part of the company’s pledge to make all its packaging recyclable by 2025. In addition, the company has set a goal of reducing the amount of water used in global operations by 20 percent from 2015 levels.
The company is also committed to respecting human rights and creating safe, inclusive workplaces. To ensure a respectful environment, PepsiCo created a comprehensive global policy to combat discrimination and workplace harassment. The policy is supported by an annual “Well-Being Week”, which brings together employees from around the world to form networks, share experiences, and gain awareness on mental and physical health.
In addition, the company strives to maintain a safe and inclusive workplace for persons with disabilities by instituting anti-discrimination initiatives and hiring practices. Supporting its commitment to respect for human rights, PepsiCo also insists that its suppliers adhere to standards of ethical sourcing and labor practices.
Finally, PepsiCo places a strong emphasis on fostering strong connections with its employees and considers communication and trust to be essential parts of the PepsiCo corporate culture. Along with providing employees with a wide range of benefits, the company offers numerous engagement programs designed to encourage a sense of community among its employees and promote recognition for those who go above and beyond in fulfilling company goals and objectives.
The PepsiCo corporate culture of “Performance with Purpose” is a powerful reminder of its commitment to creating a better future for everyone. As the company looks to build upon its success in the future, it will remain focused on providing sustainable offerings and a high-quality experience for all its stakeholders.
