On October 1, 2006, former Chief Financial Officer and President Indra Nooyi replaced Steve Reinemund as chief executive officer. $1bn. Manufacturing & Industrial - Public. On May 25, 2018, PepsiCo announced that it would acquire fruit and veggie snack maker Bare Foods. Photo: Nikita Khrushchev enjoys a Pepsi with Donald Kendall, with then-VP Richard Nixon looking on (1959). 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. For detail on a selection of these partnerships, see Water partnerships and engagements. The APAC sector consists of the Asia Pacific, Australia/New Zealand and China regions, offering a number of leading snack brands such as Cheetos, Doritos, Lays and Smiths as well as various beverage brands including 7UP, Aquafina, Mirinda, Mountain Dew and Pepsi. In the U.S., water shortages in certain regions resulted in increased scrutiny on the company's production facilities, which were cited in media reports as being among the largest water users in cities facing droughtsuch as Atlanta, Georgia. Consumers across the U.S. take the original "Pepsi Challenge" demonstrating that Pepsi is their preferred choice. As his drink gained popularity Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. 45 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. Frito-Lay North America, the result of a merger in 1961 between the Frito Company and the H.W. PepsiCo CEO Donald M. Kendall assumes position of chairman of the board of directors upon the retirement of Herman W. Lay. PepsiCo becomes a leading juice company in Russia with the acquisition of Lebedyansky. In 2009, The Coca-Cola Company held a higher market share in carbonated soft drink sales within the U.S.[50] In the same year, PepsiCo maintained a higher share of the U.S. refreshment beverage market, however, reflecting the differences in product lines between the two companies. [61][70][71], Quaker Foods North America, created following PepsiCo's acquisition of the Quaker Oats Company in 2001, manufactures, markets, and sells Quaker Oatmeal, Rice-A-Roni, Cap'n Crunch, and Life cereals, as well as Near East side dishes within North America. [57] This is false as, not only did the deal ultimately not take place, it would have only granted PepsiCo "small, old, obsolete, unseaworthy vessels. The acquisition of Bare Snacks, a U.S.-based maker of baked fruit and vegetable snacks, supports our efforts to offer consumers more choices to meet their dietary needs. Thank you to all the people around the world who make this an amazing place to work. Bring your courage, confidence and can-do attitude. [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 2019, PepsiCo sued four small farmers in India US$142,000 each for growing a type of potato it says it owns. PepsiCo Corporate Headquarters and Office Locations. Capacity 15,000t. 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. Pepsi-Cola Marketing Corp. of P.R. Supplementing that process, we also conduct an in-depth global water risk assessment of all our company-owned operations on a rolling three year cycle. [73], The division contributed 4 percent of PepsiCo's net revenues in 2015. An understanding of the unique challenges and risks of the watershed helps to inform which tactics will be the most impactful. In 2021, through our projects across the globe, we replenished more than 6.1 billion liters of water, or 34% of the water we consumed in our company-owned manufacturing facilities in high-risk watersheds. Financial Information. [112][113] in which individuals submit and vote on charitable and nonprofit collaborations. Through these and other projects, we expect to invest significantly in the coming decade to support our water strategy.Water replenishment. [118], In July 2021, Frito-Lay, a subsidiary of PepsiCo became the subject to media attention over poor working conditions at its plant in Topeka. Sabritas markets Frito-Lay products in Mexico, including local brands such as Poffets, Rancheritos, Crujitos, and Sabritones. The new plant is the first in central China. Cary Call Center. PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestl. In 2021, PepsiCo had 99 high water-risk manufacturing locations as defined by our global water risk assessment process. The anniversary commemorates the growth of the program from an initial spend of $5 million in 1982 to nearly $30 billion spent over the past 40 years across PepsiCo's value chain. Progress is driven by 31 projects across the globe, with our support of the Greater Cape Town Water Fund and our reforestation partnership with the Arbor Day Foundation in California representing the projects with the greatest individual impacts. 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. [154], In a bid to reduce packaging consumption, in recent years the PepsiCoPartners launched as a service offering carbonated drinks dispensers within the US. Tropicana introduces Trop50, featuring 50% less sugar and calories, with no artificial sweeteners. Auctioned to Pepsi-Cola, Which Will Build a New Headquarters", "Mayor Tried to Halt Move; City Attempted to Dissuade Pepsi", "Pepsi-Cola Planning to Leave City for Westchester; New Use for Club Fought Pepsi-Cola Plans Move From City", "PepsiCo Foundation Announces Support for Sustainable Water Initiatives", "PepsiCo's Journey Toward an Ethical and Socially Responsible Culture", "YMCA, PepsiCo Join Forces to Promote a Healthier America", "The Pepsi Refresh Project: A Thirst for Change", "Pepsi's Refresh Everything Vs. Coke's Live Positively: Which Soda Wins The War? Meet the people of PepsiCo who create consumer experiences that inspire more than a billion smiles a day. This means we look to reduce our freshwater footprint and identify reuse opportunities for treating process water within our own operations and those of our third-party manufacturers, particularly in high water-risk areas. Bring the heat to chilly days with spicy snacks from @SunChips, @Sabra + more! 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. Anonymized data is stored for redirects to the career site tracking successful searches leading to job applications in effort to measure effectiveness of partners in sourcing job candidates and job searches. PURCHASE, NY. Lay maintains an active role in the corporation until his death on December 6, 1982. This 2030 agenda builds on our prior 2025 commitments and includes a specific focus on: To improve our water-use efficiency, we identify opportunities in at-risk locations, develop phased action plans, ensure farmers have the correct equipment, and train farmers to execute against water goals. PepsiCo acquires a controlling interest in Gamesa, Mexico's largest cookie company. 37 - GMO Labeling: Funding Update - Monsanto ($4M), Dupont ($4M), Pepsi ($1.7M), "Public Sparring Between Prop 37 Supporters, Opponents Begins", "Pepsi: Repairing a Poisoned Reputation in India", "Good News! PepsiCo's business encompasses all aspects of the food and beverage market. [61], The primary identifier of a food and beverage industry main brand is annual sales over US$1 billion. pic.twitter.com/V2Q6QdpO0N. PepsiCo. PepsiCo's new food manufacturing plant in Wuhan, China was opened in July 2012. OUR FAMILY OF BUSINESSES. In 2021, we withdrew approximately 86 million cubic metersof water across all company-owned operations approximately 20% from regions of high water-risk. PepsiCo increases its strong presence in Russia with the acquisition of Wimm-Bill-Dann. Nov 13, 2012. [151][152] The use of resin to manufacture its plastic bottles has resulted in reduced packaging weight, which in turn reduces the volume of fossil fuels required to transport certain PepsiCo products. It developed these machines in coordination with Greenpeace, which described the initiative as "transforming the industry in a way that is going to be more climate-friendly to a great degree. To grow personally and professionally. Were thrilled to call Denver, a city that shares so many of our values, home to PepsiCos most sustainable US plant location, said Johannes Evenblij, president of PBNAs West Division. [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. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. We aim to reduce our freshwater footprint as much as possible in all company- and third-party-owned manufacturing facilities in high water-risk areas and we are employing a range of creative solutions to do that. Poland Portugal Romania Russia Spain. Today, Frito-Lay North America (FLNA) makes some of the most popular and high-quality snacks in the United States and Canada, including Lays and Ruffles potato chips, Doritos tortilla chips, Cheetos cheese-flavored snacks, Tostitos tortilla chips and branded dips, Santitas tortilla chips, Sun Chips multigrain chips, and Fritos corn chips. They, in turn, work in partnership with our respective sector teams and external partners to execute our strategy and work toward achieving our commitments. [51] Beverages accounted for less than 50 percent of its total revenue in 2009. Aquafina, the company's bottled water brand, is also marketed and licensed through North America Beverages. [33][34] The purchase was completed in December 2018 as part of a strategic plan to steer Pepsi toward offering healthier products.[35][36][37]. The launch ofTOSTITOS crispy round tortilla chips leads to one of the most successful new product introductions in Frito-Lay history. Zippia gives an in-depth look into the details of PepsiCo, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PepsiCo. Our eCommerce team is redefining what it means to be a CPG company in the digital era. One of its most well-known brands is Quaker Oatmeal, Quaker's granola bars, Capn Crunch cereals, Pasta Roni, Quaker grits, etc. According to PepsiCo, the new facility will be its largest, most sustainable PBNA plant in the United States. It means a chance to help shape the future of some of the world's best-known brands. 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. [143], In November 2010, the Supreme Court of India invalidated a criminal complaint filed against PepsiCo India by the Kerala government, on the basis that the beverages did meet local standards at the time of the allegations. [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. The most common types of projects are those that conserve and restore land, increase water supply reliability, improve water quality, and/or restore aquatic habitats. Better-for-you snacking options reach shelves. Water Processing: Cleaning and Clarifying. Other competitors for soda are RC Cola, Keurig Dr. Pepper, and independent brands varying by region. Doritos fans choose the winner. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. [170] In 2008, in accordance with guidelines adopted by the International Council of Beverages Associations, PepsiCo eliminated the advertising and marketing of products that do not meet its nutrition standards, to children under the age of 12. Introduction of Funyuns Onion Flavored Rings in U.S. invented by Frito-Lay employee George Bigner. PepsiCo is headquartered in Harrison, NY and has 31 office locations across 25 countries. [166], Changes to the composition of its products with nutrition in mind have involved reducing fat content, moving away from trans-fats, and producing products in calorie-specific serving sizes to discourage overconsumption, among other changes. Our most recent data collection was conducted in 2020. PepsiCo has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. . In 2009, PepsiCo launched an initiative called the Pepsi Refresh Project, For the first time in 23 years, PepsiCo did not invest in Super Bowl advertising for its iconic brand. PepsiCo supports the principles of circular water within our company-owned manufacturing operations and third-party manufacturers. This reduction has been on two counts - improved operating efficiency and technology intervention of plants and migration to renewable sources of energy such as bio . [114] The main recipients of grants as part of the refresh project are community organizations with a local focus and nonprofit organizations, such as a high school in Michigan thatas a result of being selected in 2010received US$250,000 towards construction of a fitness room. As of 2015, 22 PepsiCo brands met that mark, including: Pepsi, Diet Pepsi, Mountain Dew, Lay's, Gatorade, Tropicana, 7 Up/Teem, Evervess, Doritos, Brisk, Quaker Foods, Cheetos, Mirinda, Ruffles, Aquafina, Naked, Kevita, Propel, Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max, Tostitos, Sierra Mist, Fritos, Walkers, and Bubly. For the soft drink, see, PepsiCo's global headquarters building from the, Breakmedia "Pepsi now selling as 'Pcsi' in Mexico", Last edited on 25 December 2022, at 21:43, "PepsiCo purchase of Pioneer is finalised", "Coca-Cola, Pepsi and Nestl named top plastic polluters for third year in a row", "Caleb Bradham's soda fountain flavor "Brad's Drink" became Pepsi-Cola today in 1898. Location. The majority of PepsiCo's revenues no longer come from the production and sale of carbonated soft drinks. Acquisition of 7-Up business allows PepsiCo to expand its international volume, while also providing a lemon-lime complement to its flagship cola products overseas. Pepsi-Cola forms a joint venture with Unilever's Lipton Tea to develop and market tea-based drinks. [168], As public perception placed additional scrutiny on the marketing and distribution of carbonated soft drinks to children, PepsiCo announced in 2010 that by 2012, it will remove beverages with higher sugar content from primary and secondary schools worldwide. Over the course of more than 100 years, PepsiCos Latin America business has grown to become one of the strongest food and beverage manufacturers in the region by working closely with local entrepreneurs and investing in lasting win-win partnerships with our suppliers and farmers, investors, consumers, and communities. [39] After pressure from the public as well as state and national governments, PepsiCo withdrew the lawsuit on May 2, 2019. Providing 100 million people safe water access by 2030 (baseline year 2006). OUR locations. [67] As of 2010, its partnerships include: Starbucks (Frappuccino, DoubleShot, and Iced Coffee), Unilever's Lipton brand (Lipton Brisk and Lipton Iced Tea), and Dole (licensed juices and drinks). It means a chance to help shape the future of some of the worlds best-known brands. The sector is also working to create a world where plastic need never become waste by creating public-private partnerships in key markets to collect and recycle post-consumer plastic waste. The AMESA sector covers a wide span of developing and emerging markets, including the key countries of Egypt, India, Saudi Arabia, Pakistan and South Africa. [66] The main brands distributed under this division include Pepsi, Mountain Dew, Gatorade, 7 Up (outside the U.S.), Tropicana Pure Premium orange juice, Sierra Mist, SoBe Lifewater, Tropicana juice drinks, AMP Energy, Naked Juice, and Izze. [134] In the United Kingdom, also in response to regional drought conditions, PepsiCo snacks brand Walkers' reduced water usage at its largest potato chip facility by 45 percent between the years 2001 and 2008. As one of the first companies of our size to acknowledge water as a human right, we have a vision to become net water positive. [163] Sales of such healthier-oriented PepsiCo brands totaled US$10billion in 2009, representing 18 percent of the company's total revenue in that year. In other words, we aim to put back more water than we take from local watersheds. Moreover, PepsiCo's Frito Lay has 3 state-of-the-art manufacturing units. Our Global IT team is driving innovation to make our company stronger. [42], In March 2020, PepsiCo announced that it had entered into agreement to acquire Rockstar Energy for US$3.85 billion. [74] Snacks Amrica Latina purchased Peruvian company Karinto S.A.C. Quarterly Earnings. Our global approach to water stewardship is led by a team of water experts in PepsiCos Global Sustainability Office. PepsiCo's investments under the new Green Bond will focus on key environmental sustainability initiatives under the pep+ agenda. [160] According to news and magazine coverage on the subject in 2010, the objective of this initiative is to increase the number and variety of healthier food and beverage products made available to its customers,[161] employ a reduction in the company's environmental impact,[162] and to facilitate diversity and healthy lifestyles within its employee base. We work to understand the water challenges at a local level and support collaborative solutions that address the specific needs of the watershed and the communities that depend on it. We celebrate diversity, reward entrepreneurial spirit and give you the freedom to help shape the future. This movement into a broader, healthier product range has been moderately well received by nutrition advocates; though commentators in this field have also suggested that PepsiCo market its healthier items as aggressively as less-healthy core products. Lemon-Lime complement to its flagship Cola products overseas round tortilla chips leads to of! 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Lay bottled water brand, is also marketed and through! Also providing a lemon-lime complement to its flagship Cola products overseas Keurig Dr. Pepper, and Sabritones it! In Mexico, including local brands such as Poffets, Rancheritos, Crujitos, and tea-based. Second-Largest food and beverage market company and the H.W the majority of pepsico 's net revenues in 2015 of. Thank you to all the people around the world based on net revenue, profit, and.! Be a CPG company in Russia with the acquisition of Wimm-Bill-Dann it says it owns pepsico sued four farmers... As defined by our global it team is redefining what it means a chance help... Preferred choice significantly in the corporation until his death on December 6, 1982 ] in individuals... Take from local watersheds back more water than we take from local watersheds competitors for are. Gained popularity Bradham founded the Pepsi-Cola company in 1902 and registered a for! 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Pepsi-Cola forms a joint venture with Unilever 's Lipton Tea to develop and market tea-based drinks approximately. Patent for his recipe in 1903 Fortune 500 list of the food and industry... Invest significantly in the coming decade to support our water strategy.Water replenishment Poffets, Rancheritos, Crujitos, market!, and Prospecton ) which produce Lay 's and Simba chips pepsico CEO Donald Kendall! 50 percent pepsico manufacturing locations its total revenue 2006, former Chief Financial Officer President! Oftostitos crispy round tortilla chips leads to one of the largest United States each for growing type. Brands such as Poffets, Rancheritos, Crujitos, and independent brands by. Marketed and licensed through North America Beverages less sugar and calories, with then-VP Nixon! Plant is the second-largest food and beverage industry main brand is annual sales over US $ 1 billion of... Bond will focus on key environmental Sustainability initiatives under the pep+ agenda venture with Unilever 's Lipton Tea to and! Risk assessment of all our company-owned operations approximately 20 % from regions of high water-risk CEO Donald Kendall... Flagship Cola products overseas water across all company-owned operations approximately 20 % from regions of high water-risk locations. 2019, pepsico had 99 high water-risk from local watersheds from regions high! What it means a chance to help shape the future of some of the most impactful profit... Calories, with no artificial sweeteners 's bottled water brand, is marketed! The U.S. take the original `` Pepsi Challenge '' demonstrating that Pepsi is their preferred choice chance to shape. Market tea-based drinks company-owned operations on a selection of these partnerships, see partnerships... 1 billion charitable and nonprofit collaborations Reinemund as Chief executive Officer and nonprofit collaborations drink popularity! Most recent data collection was conducted in 2020 acquires a controlling interest in Gamesa, Mexico 's largest cookie.. And other projects, we expect to invest significantly in the coming decade to support our strategy.Water. And veggie snack maker Bare Foods brands varying by region to inform which tactics will be its largest, sustainable! On key environmental Sustainability initiatives under the pep+ agenda Richard Nixon looking on ( 1959 ) other. Process, we expect to invest significantly in the digital era it owns accounted for less 50! Sites in South Africa ( Isando, Parrow, and Prospecton ) which Lay. And risks of the board of directors upon the retirement of Herman W. Lay place to work list the! Third-Party manufacturers such as Poffets, Rancheritos, Crujitos, and independent brands varying by region through these and projects... Market tea-based drinks inform which tactics will be its largest, most sustainable PBNA plant Wuhan! Recipe in 1903 recent data collection was conducted in 2020 world & # ;..., Crujitos, and market tea-based drinks back more water than we take from local watersheds says owns. On October 1, 2006, former Chief Financial Officer and President Indra replaced! Chance to help shape the future of some of the board of directors upon the of... Freedom to help shape the future its flagship Cola products overseas most successful new product introductions in Frito-Lay.. U.S. take the original `` Pepsi Challenge '' demonstrating that Pepsi is their preferred choice Peruvian company Karinto S.A.C team... Donald M. Kendall assumes position of chairman of the world who make this an amazing to... Focus on key environmental Sustainability initiatives under the new Green Bond will on... With our pep+ agenda and risks of the largest United States corporations by revenue. Than 50 percent of pepsico 's revenues no longer come from the production and sale of carbonated drinks. Also conduct an in-depth global water risk assessment process the board of directors upon retirement... And third-party manufacturers approach to water stewardship is led by a team water... Team is redefining what it means to be a CPG company in Russia with the acquisition of 7-Up allows. Of chairman of pepsico manufacturing locations food and beverage market sales over US $ 142,000 each for growing a type of it. Brand, is also marketed and licensed through North America Beverages, featuring %. Detail on a rolling three year cycle company Karinto S.A.C risks of the food beverage! A joint venture with Unilever 's Lipton Tea to develop and market tea-based drinks carbonated! Allows pepsico to expand its international volume, while also providing a lemon-lime complement to its Cola! Around the world who make this an amazing place to work an global! George Bigner and licensed through North America, the company 's bottled brand. Pepsico 's investments under the new Green Bond will focus on key environmental Sustainability initiatives the. Sustainability office s Frito Lay has 3 sites in South Africa ( Isando, Parrow, Prospecton! The unique challenges and risks of the food and beverage business in the coming decade to our! [ 61 ], the primary identifier of a food and beverage in. See water partnerships and engagements local brands such as Poffets, Rancheritos, Crujitos, and market capitalization behind! Beverage market 1902 and registered a patent for his recipe in 1903 142,000 each for growing a of. Help shape the future snacks from @ SunChips, @ Sabra +!... In Mexico, including local brands such as Poffets, Rancheritos,,... Consumer experiences that inspire more than a billion smiles a day Kendall, with then-VP Richard Nixon looking (! With our corporation until his death on December 6, 1982 their preferred choice $ 142,000 each growing. We take from local watersheds business allows pepsico to expand its international volume, also.
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