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PepsiCo’s “Performance with Purpose: Investing in Sustainable Growth” report details the company’s progress in delivering sustainable growth in its business and society.
In the report, PepsiCo highlighted its three areas of influence: human, environmental and talent sustainability. The company seeks to offer an enjoyable and wholesome food and beverage portfolio; innovate to more efficiently use land, energy, water and packaging; and invest in its workforce to drive company growth.
"As the world's second-largest food and beverage business, we have a responsibility to help devise solutions to key global challenges where we can have the most impact," said Indra Nooyi, PepsiCo’s chairwoman and chief executive officer, in a statement. "Our strategy for long-term growth is an integral part of our 'Performance with Purpose' mission. In fact, we design our business plans to ensure that the work we do and the investments we make leave a positive impact on society."
The report outlines goals in the areas of environmental sustainability, workplace practices and nutrition, including reducing sugar, sodium and fat while increasing whole grains, fruits and vegetables across the company’s food and beverage portfolio.
The company also increased executive positions held by women worldwide by 30 percent and replenished about 6 billion liters of water in India, according to the report.