Pepsi –cola was started in the summer of 1898 in New Bern, North Carolina by Pharmacist Caleb Bradnham. PepsiCo Inc. started in 1965 with the merger of Pepsi-Cola and Frito-Lay. Since then, PepsiCo has continued to grow, adding new brands and product lines meeting the demands of the market. Throughout the years, they have strived and worked toward environmental sustainability. The ability to be financial stable gives PepsiCo the ability to give back and donate to those communities they are located in.
PepsiCo’s mission to provide performance with purpose means delivering sustainable growth by investing in a healthier future for people and our planet. PepsiCo is continually increasing their triple bottom line. Environmental. PepsiCo is committed to protecting the environment. They protect natural resources in two different ways; innovation and efficient use of land, energy, water and p
...ackaging. PepsiCo’s newest environmental innovation is a bottle made entirely of plant material, which will reduce PepsiCo’s potential carbon footprint. The bottle is made from switch grass, pine bark, corn husks and other materials.
Pepsi also plans to use leftover scraps from its food business. Water is treated as a limited valuable resource. By 2015, they aim to improve their water-use efficiency by 20 percent from what it is today. To minimize their impact on the land, PepsiCo continually strives to live by the five R’s; reduce, recycle, use renewable sources, remove environmentally sensitive materials, and reuse packaging. To increase the company’s energy conservation, PepsiCo uses renewable fuel, solar energy, and resource conservation system. Along with being increasing environmentally aware, they are also expanding their economic impact.
Economic. As time has gone on,
PepsiCo has increase and expanded its market in an effort to meet market demand. As the economy has changed, PepsiCo has changes also. Tropicana Products, Inc. joined the PepsiCo portfolio in 1998 as the demand for non-carbonated drinks increased. In an effort to meet the demand for healthier foods, the company merged with The Quaker Oats Company in 2001, which further expanded the reach of PepsiCo and increased the market share.
The PepsiCo continued to expand its reach by picking up Gatorade and Sobe. PepsiCo Inc. s the fourth-largest distributor of beverages and snack foods, which provides a continually increasing stock for its shareholders. While shareholders are being taken care of, Employees are also on the priority list. Social. PepsiCo is an international company that employees approximately 294 thousand. The employees are provided with a supportive, safe, and empowering workplace. PepsiCo provides training and education to employees at every level. PepsiCo has a university that offers online and classroom programs for management training. These programs provide opportunities to employees for professional growth.
Annually the employees go through a mandatory 360-degree feedback process that is used to build self-awareness and provide employee performance evaluations. Health survey is also used, biennial, to ensure that PepsiCo is meeting their core values in the eyes of their employees. PepsiCo also has enacted award programs to recognize the achievements of their employees. To care for the well-being of all employees, PepsiCo provides benefit programs. Employees are treated as important assets in the company. PepsiCo’s biggest area of struggle is within the environmental realm.
Although the company has stated to be water conscience, not all water usage is
being taken into account. One area that they are located in that is specifically controversial is India. PepsiCo recognizes and shows the water conservation that occurs in the agriculture, but fails to take into account water usage in its supply chain. With water being an increasingly scares resource in India and the obvious need for water to run the plant, I recommend that the plant should be closed and moved to a community that can handle the operations of the plant.
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