[43], In January 2021, as a plan to fight global warming, PepsiCo announced that it is planning to achieve net zero greenhouse gas emissions by 2040, knowing that it had already started generating about 57 million metric tonnes of greenhouse gas emissions globally in 2019. Our definition of best-in-class is based on our assessments and benchmarking, and corresponds to using: In PepsiCo and third-party sites not facing high water-risk, we strive for world-class water efficiency, which we define as using: With these new goals, which build upon our 2025 goals, PepsiCo expects not only to improve production efficiency, but to also reduce absolute water use to recharge local watersheds. As a convenient foods and beverages company, PepsiCo is acutely aware of the critical role water plays in the food system, and it is our vision that wherever in the world PepsiCo operates, water resources will be in a better state because of our presence. Pepsi reimagines the cola experience with this first-ever nitrogen-infused cola that innovates the one thing that has remained the same since the category's inception the bubbles. 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 . In 1931, Roy Megargel, a Wall Street broker, purchased the Pepsi trademark, business, and goodwill from Craven Holding in association with Charles Guth. Our most recent data collection was conducted in 2020. 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 SodaStream. Once operational, it will produce a wide range of products, including Pepsi, Pepsi Zero, Gatorade, bubly, Rockstar, Propel and Muscle Milk. The 144-acre campus features an outdoor sculpture garden and a building by famed architect Edward Durrell Stone (1902-1978). Uruguay. Telephone: +1 (914) 253-2000 Address Line 1: 700 Anderson Hill Road City: Purchase Address Area: New York Area Code: 10577 Province: New York Country: United States. Pepsi has been repeatedly criticized by environmentalists for its relationship to negative environmental impacts of agriculture in its supply chain, and distributing operations such as palm oil-related deforestation and pesticide use, its use of water resources, and the negative impacts of its packagingPepsi's packaging has consistently been one of the top sources of plastic pollution globally. The strike began on July 5 and ended on July 23, after ratifications of a two-year contract that guarantees workers at least one day off each week and raised wages.[120][121]. On August 20, 2018, PepsiCo announced that it had entered into agreement to acquire SodaStream. Europe. Location Strategy. Ashmera Mohamed, an R&D Senior Engineer at PepsiCo, shares how building a network with women in STEM has helped her grow her career. Design, CMS, Hosting & Web Development :: PepsiCo said the new facility will create nearly 250 new jobs in the Denver area. Each building is connected to its neighbor through a corner. Lay Company, produces the top-selling line of snack foods in the U.S. Its main brands in the U.S., Canada, and Mexico include Lay's and Ruffles potato chips; Doritos tortilla chips; Tostitos tortilla chips and dips; Cheetos cheese flavored snacks; Fritos corn chips; Rold Gold pretzels; Sun Chips; and Cracker Jack popcorn. Happiness rating is 58 out of 100 58. 500 Gregson Dr. Cary, NC 27511 (800) 879-8884 (919) 415-3425. . [61], The primary identifier of a food and beverage industry main brand is annual sales over US$1 billion. Pepsi-Cola forms a joint venture with Unilever's Lipton Tea to develop and market tea-based drinks. After obtaining a photo of U.S. President Richard Nixon and Soviet Premier Nikita Khrushchev sipping Pepsi, PepsiCo executive Donald Kendall was able to capture the attention of the Soviet people and, in 1972, negotiate a cola monopoly in the USSR. 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.PepsiCo also sells ready-to-drink tea products through a joint venture with Unilever under the Lipton brand and licenses Tropicana through a strategic alliance with Tingyi (Cayman Islands) Holding Corp.PepsiCo APAC is headquartered in Shanghai, China, and led by Wern-Yuen Tan, CEO, Asia Pacific, Australia, New Zealand and China. [147], Environmental advocates have raised concern over the environmental impacts surrounding the disposal of PepsiCo's bottled beverage products in particular, as bottle recycling rates for the company's products in 2009 averaged 34 percent within the U.S.[148] In 2019, BreakFreeFromPlastic named PepsiCo a top 10 global plastic polluter for the second year in a row. The acquisition of SodaStream provides PepsiCo with a significant presence in the at-home marketplace and is in line with the company's commitments to curb plastic waste. 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The soft drink Pepsi was developed by Caleb Bradham, a pharmacist and businessman from Duplin County, North Carolina. The company agrees to work with tomato farmers in Punjab, a pioneering model of public-private partnership that PepsiCo continues to embrace today. [69], The division contributed 23 percent of PepsiCo's net revenue in 2015. Lay & Company. PepsiCo supports the principles of circular water within our company-owned manufacturing operations and third-party manufacturers. [129] In 2007, PepsiCo's then-CEO Indra Nooyi made a trip to India to address water usage practices in the country, prompting prior critic Sunita Narain, director of the Centre for Science & Environment (CSE), to note that PepsiCo "seem(s) to be doing something serious about water now. [67] In 2015, PepsiCo also introduced Stubborn Soda, a line of carbonated beverages without high fructose corn syrup.[68]. Modern-day PepsiCo is born. 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. We designed our campus programs to give you the foundation you need to learn, develop and grow into your next big opportunity. PepsiCo's business encompasses all aspects of the food and beverage market. And we stand for whats right. [62] Unlike PepsiCo's Americas business segments, both foods and beverages are manufactured and marketed under one umbrella division in this region, known as PepsiCo Europe. PepsiCo acquires Tropicana Products from Seagram Company LTD., the biggest acquisition ever undertaken by PepsiCo. Spain Turkey Ukraine United Kingdom Pepsi-Cola CEO Don Kendall and Frito-Lay CEO Herman Lay sketch out a deal on the back of a napkin and agree to combine their companies. Aquafina, the company's bottled water brand, is also marketed and licensed through North America Beverages. Pepsi products are sold in a whopping 200 countries, and they are available in almost every country throughout the world. PepsiCo India's third food manufacturing plant, located in Kolkata, has received approval from district authorities to resume production this week. Over the decades we have invested in our local markets, providing support to farmers through our Sustainable Farming Program as well as partnering with numerous NGOs to improve the livelihoods of communities where we operate.PepsiCo Europe is headquartered in Geneva, Switzerland, and led by Silviu Popovici, CEO of Europe. [74] Snacks Amrica Latina purchased Peruvian company Karinto S.A.C. Quarterly Earnings. Through our Enterprise Risk Management process, we identify and assess water-related risks within our direct operations and other stages of our value chain twice a year. The employee data is based on information from people who have self-reported their past or current employments at PepsiCo. 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. Bradham's company experienced years of success leading up to World War I. [62], In 1992, the Pepsi Number Fever marketing campaign in the Philippines accidentally distributed 800,000 winning bottle caps for a 1 million peso grand prize, leading to riots and the deaths of five people. 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. Inc . 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