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PURCHASE, N.Y. (Profitable.com) PepsiCo (NYSE: PEP) announced today the release of its 2009 Corporate Citizenship Report titled, “Performance with Purpose: Investing in Sustainable Growth.” The report details the company’s progress in the 2009 fiscal year toward its mission of “Performance with Purpose” – delivering sustainable growth for its business and society. The full report can be accessed at www.pepsico.com/citizenshipreport.
This year’s report is structured around “The Promise of PepsiCo,” a declaration that includes ambitious global goals — 47 commitments in all — that will guide the company this decade. These global goals focus on nutrition, environmental sustainability, and workplace practices and include specific, industry-leading commitments like reducing sugar, sodium and fat across the company’s food and beverage portfolio while increasing whole grains, fruits and vegetables.
“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 chairman and CEO. “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.”
Based on Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, “Performance with Purpose: Investing in Sustainable Growth” highlights PepsiCo’s three areas of influence – human sustainability, environmental sustainability and talent sustainability:
In 2009, PepsiCo:
PepsiCo offers the world’s largest portfolio of billion-dollar food and beverage brands, including 19 different product lines that each generates more than $1 billion in annual retail sales. Our main businesses — Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade — also make hundreds of other nourishing, tasty foods and drinks that bring joy to our consumers in more than 200 countries. With annualized revenues of nearly $60 billion, PepsiCo’s people are united by our unique commitment to sustainable growth, called “Performance with Purpose.” By dedicating ourselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing our environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to our communities worldwide. For more information, please visit www.pepsico.com.