[11] After 39 years trading on the New York Stock Exchange, PepsiCo moved its shares to Nasdaq on December 20, 2017. The state-of-the-art facility, which is PepsiCo's largest research and development center outside of North America, will serve as a hub of new product, packaging and equipment innovation for PepsiCo's businesses throughout Asia. [22], The divestments concluding in 1997 were followed by multiple large-scale acquisitions, as PepsiCo began to extend its operations beyond soft drinks and snack foods into other lines of foods and beverages. In 2021, we recorded an 18% efficiency improvement in our water-use efficiency rate at our high water-risk locations when compared to our 2015 baseline. In addition, we joined the Alliance for Water Stewardship (AWS) in 2018 and aim to adopt the AWS Standard at all of our high water-risk facilities by 2025, using it as a vehicle for advocacy and to help ensure that freshwater resources in high water-risk locations are available for all water stakeholders. To grow personally and professionally. [62] Until November 2009, Christopher Furman, President of Ventura Foods Inc., occupied the position of Food Services CEO. pic.twitter.com/qTKDQAurpF. 2021 Pepsi-Cola & National Brand Beverages, Ltd. PepsiCo generated $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and . PepsiCos businesses have been operating in markets across our Europe sector for more than 80 years, manufacturing and supplying delicious foods and beverages that are enjoyed by millions of consumers each day. [25], In August 2009, PepsiCo made a US$7billion offer to acquire the two largest bottlers of its products in North America: Pepsi Bottling Group and PepsiAmericas. [112][113] in which individuals submit and vote on charitable and nonprofit collaborations. To be part of a progressive company thats transforming into a global digital leader. . Meet the people of PepsiCo who create consumer experiences that inspire more than a billion smiles a day. Cary Call Center. We are also developing low water footprint manufacturing processes and investing in world-class technology, such as membrane technology, that allow us to safely reuse water within our manufacturing processes. Colombia Mexico United States Venezuela. Herman W. Lay created the first national potato chip brand in the U.S. Our community water programs, hosted in Latin America, Asia, the Middle East and Africa primarily, are designed to help improve water security, including building sanitation facilities and community water systems, providing loans to families to build water infrastructure in their homes, supporting local water entrepreneurs, installing community water access points and helping to rehabilitate natural springs. PepsiCo's Indra Nooyi Solves the Obesity Crisis", "Tap water wears a bow tie when it's put in a bottle and sold", "India: Pesticide Claims Shake Up Coke and Pepsi", "Pesticide Scare Cripples Coke and Pepsi in India", "Coca-Cola, PepsiCo Win Ruling Overturning India Ban", "Ambassador Roemer Honors GE India and PepsiCo India", "GE, PepsiCo praised for CSR in emerging markets", "PepsiCo Uncaps Bottle Recycling Plan Starbucks Still Brewing", "Coca-Cola, Nestl, and PepsiCo are the world's biggest plastic pollutersagain", "PepsiCo unveils smart 'Dream Machine' recycling kiosks", "PepsiCo, Coca-Cola Roll Out Recycling Initiatives", "Naked Juice Brings PET Bottles to the Mainstream", "PepsiCo Develops World's First 100 Percent Plant-Based, Renewably Sourced PET Bottle", "Why PepsiCo, L'Oreal and Nestle are banking on this French plastics recycling startup", "Consumer goods industry initiatives on climate protection", "PepsiCo practices performance with purpose in sustainability push", "PepsiCo CEO: 'If all consumers exercisedobesity wouldn't exist', "Coca-Cola and Pepsi removing controversial 'flame retardant' ingredient from all drinks", "Pepsi to pull sugar-sweetened drinks from schools", "PepsiCo yanking sugar from schools worldwide", "Pepsi Plans To Stop Selling Sugary Drinks In Schools Worldwide", "Is Pepsi's Removal of Sodas from Schools Just a Publicity Stunt? 1.2 liters of water per liter of production in beverage plants, and. PepsiCo may also be known as or be related to PepsiCo, PepsiCo Inc, PepsiCo, Inc., Pepsico Caribbean, Inc., Pepsico Inc and pepsico/frito-lay. He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina. The construction commenced in 2007 and was completed in 2008. Opened June 2012. Start of main content. The AMESA sector is committed to PepsiCos vision of sustainable growth, which emphasizes efficient use of sustainable farming practices, energy and natural resources such as water. [173], This article is about the company. In 1961, the company merged with the Frito Company, becoming Frito-Lay Inc., and in 1965, Frito-Lay Inc. merged with Pepsi-Cola to form PepsiCo. Pepsi-Cola introduces Aquafina bottled water. In 2021, the PepsiCo Foundation continued to expand the reach of its safe water access program, helping to provide safe water access to more than 68 million people since 2006, with a goal of reaching 100 million by 2030. Brands). Design, CMS, Hosting & Web Development :: PepsiCo said the new facility will create nearly 250 new jobs in the Denver area. Program reach expands beyond the U.S. to help more than 50 million people gain equitable access to nutritious food and support small-scale farmers as part of our pep+ agenda. In 2019 we launched pilot projects to adopt the AWS Standard at high water-risk facilities in South Africa, Pakistan and Mexico, with a fourth pilot launched in the United States in 2020. By Eric Schroeder. PepsiCo increases its strong presence in Russia with the acquisition of Wimm-Bill-Dann. [167] On May 5, 2014, PepsiCo announced that the company would remove the flame retardant chemical known as "Brominated Vegetable Oil" from many of its products, but a time-frame was not discussed. PepsiCo introduces Winning with Purpose, a framework that brings together our new mission: Create Smiles with Every Sip and Every Bite; our new vision: Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose; and The PepsiCo Way, a set of behaviors that will help PepsiCo to achieve its mission and vision. PepsiCo's investments under the new Green Bond will focus on key environmental sustainability initiatives under the pep+ agenda. Roger Enrico succeeds D. Wayne Calloway as CEO and chairman of the board of directors. PepsiCo officially inaugurated the plant in July 2012. With that in mind, and given the risks facing good quality fresh water, PepsiCo aims to replenishmore than 100% of the water we draw for our operations and 100% of the water we use in third-party manufacturing facilities in high-risk watersheds by 2030. Pepsico Global Sites. Tropicana introduces Trop50, featuring 50% less sugar and calories, with no artificial sweeteners. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The Quaker Oats Company was officially formed in 1901 when four American grain pioneers came together to incorporate the now household name. Happiness rating is 58 out of 100 58. Pepsi-Cola Marketing Corp. of P.R. As of January 2021, the company possesses 23 brands that have over US$1 billion in sales annually. With the acquisition of KeVita, a leading creator of fermented probiotic and kombucha beverages, PepsiCo expands its health and wellness offerings in the premium chilled beverage space. Introduction of Funyuns Onion Flavored Rings in U.S. invented by Frito-Lay employee George Bigner. 2009. The new facility will aim to achieve 100% renewable electricity, best-in-class water efficiency, and reduced virgin plastic use, PepsiCo said. English. E arlier this week, PepsiCo Beverages North America (PBNA) broke ground on its new 1.2 million-square-foot manufacturing facility at the Denver High Point development area in . [166] Also in 2009, PepsiCo's Tropicana brand introduced a new variation of orange juice (Trop50) sweetened in part by the plant Stevia, which reduced calories by half. Click a marker to see the address and telephone number for a location. [citation needed] Its activities in regards to the pursuit of its goalsnamely environmental impacts of production and the nutritional composition of its productshave been the subject of recognition from health and environmental advocates and organizations, and at times have raised concerns among its critics. [38][39] Pepsi said they would end the suit if the farmers grew potatoes for them. Tropicana & Gatorade in its 22-brand portfolio, PepsiCo is one of India's largest food & beverage enterprise. $1bn. Bring your courage, confidence and can-do attitude. Works include those of Alexander Calder, Henry Moore, and Auguste Rodin. [146] PepsiCo's India unit received recognition on the basis of its water conservation and safety practices and corresponding results. Colombia Mexico United States Venezuela. 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[157] In a comparison of 2009 energy usage with recorded usage in 2006, the company's per-unit use of energy was reduced by 16 percent in its beverage plants and 7 percent in snack plants. [89], In August 2012, PepsiCo signed an agreement with a local Myanmar distributor to sell its soft drinks after a 15-year break to re-enter the country.[90]. Former top executives at PepsiCo include Steven Reinemund, Roger Enrico, D. Wayne Calloway, John Sculley, Michael H. Jordan, Donald M. Kendall, Christopher A. Sinclair, Irene Rosenfeld, David C. Novak, Brenda C. Barnes, and Alfred Steele. Americas Argentina Brazil Canada Chile. Pepsi-Cola Manufacturing Company of Uruguay S.R.L. Order Year April 2011. In 1961, the company merged with the Frito Company, becoming Frito-Lay Inc. [56] The deal also originated an erroneous factoid which claims that, after acquiring the Soviet fleet, PepsiCo briefly possessed one of the most powerful navies in the world. These critics have also expressed apprehension over the production volume of plastic packaging, which results in the emission of carbon dioxide. [50][72], Sabritas and Gamesa are two of PepsiCo's food and snack business lines headquartered in Mexico, and they were acquired by PepsiCo in 1966 and 1990, respectively. PepsiCo is a global food and beverage leader operating in more than 200 countries and . PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. [169] It also, under voluntary guidelines adopted in 2006, replaced "full-calorie" beverages in U.S. schools with "lower-calorie" alternatives, leading to a 95 percent reduction in the 2009 sales of full-calorie variants in these schools in comparison to the sales recorded in 2004. PepsiCo has so far invested more than $1 billion (approx 5,500 crore) in India and in all, has 38 beverage bottling plants besides three plants for making snacks. Instead, the company diverted this US$20 million to the social media-fueled Pepsi Refresh Project: PepsiCo's innovative cause-marketing program in which consumers submitted ideas for grants for health, environmental, social, educational, and cultural causes. As part of our new ambition, we plan to expand beyond our own operations, working closely with third-party facilities to share best practices and drive towards best-in-class and world-class water-use efficiency, as appropriate. pic.twitter.com/V2Q6QdpO0N. PepsiCo owns several manufacturing plants all over the world and the manufacturing of the beverage takes place every day in these units. [166] Since 2007, the company also made available lower-calorie variants of Gatorade, which it calls "G2". [5] Similarly public health advocates have criticized Pepsi's high-calorie, poor nutrition product lines along with other popular snack and drink manufacturers. We assess operational water efficiency against our peers, in both beverage and food production, based on publicly-available information as well as against peer company commitments and information shared with us through industry groups. PepsiCos businesses have been operating in markets across our Europe sector for more than 80 years, manufacturing and supplying delicious foods and beverages that are enjoyed by millions of consumers each day. PepsiCo receives Stockholm Industry Water Award in recognition of the company's innovative and outstanding water stewardship initiatives. Poland Portugal Romania Russia Spain. Once operational, it will produce a wide range of products, including Pepsi, Pepsi Zero, Gatorade, bubly, Rockstar, Propel and Muscle Milk. Inc . The company's beverage distribution and bottling is conducted by PepsiCo as well as by licensed bottlers in certain regions. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. Published by M. Ridder , Apr 8, 2022. The new trade deal included receiving cheese from Russia to supply its Pizza Hut locations and receiving double-hulled tankers from Ukraine. Pepsi Bottling Ventures (PBV) Is The Nation's Largest Privately-Held Manufacturer, Seller, And Distributor Of Pepsi-Cola Beverages - Some Of The World's Most Recognized Consumer Brands. [26], In February 2011, the company made its largest international acquisition by purchasing a two-thirds (majority) stake in Wimm-Bill-Dann Foods, a Russian food company that produces milk, yogurt, fruit juices, and dairy products. "[144][145] In 2010, PepsiCo was among the 12 multinational companies that displayed "the most impressive corporate social responsibility credentials in emerging markets", as determined by the U.S. Department of State. Water is a fundamental human right, and the fact that billions of people have been left with limited access to it for decades is a problem of global importance that must be addressed rapidly. PBV is a privately-held company, . [98] PepsiCo received a 100 percent rating on the Corporate Equality Index released by the LGBT-advocate group Human Rights Campaign starting in 2004, the third year of the report.[99]. Which one is your favorite? PepsiCo's new food manufacturing plant in Wuhan, China was opened in July 2012. [73], The division contributed 4 percent of PepsiCo's net revenues in 2015. [4] PepsiCo has operations all around the world and its products were distributed across more than 200 countries, resulting in annual net revenues of over US$70 billion. The new plant is the first in central China. [39] A number of Farmers' associations are requesting that the government get involved in the case stating that Pepsi is attempting to intimidate people. PepsiCo also produces and distributes the soft drink 7UP in Europe via license agreement. It oversees the manufacturing, distribution, and marketing of its products. Anna Kirichenko. Perfect for Game Day, impromptu gatherings, or just sharing with your favorite Today and every day @PepsiCo honors the legacy of Dr. Martin Luther King, Jr. by working to Move As One toward diverse representation and dismantling systemic barriers facing historically marginalized communities around the world. ), in which she sought to encourage healthier food options in public schools, improved food nutrition labeling, and increased physical activity for children. In the absence of current collaborations, we seek out new opportunities to partner with other stakeholders.
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