PepsiCo's CSR and Sustainability Efforts
Added on 2019-09-20
5 Pages1294 Words386 Views
|
|
|
CSR and PepsiCo 1Mission of PepsiCo IndiaTo be the world's premier consumer Products Company focused on convenience foods and beverages. We seek to produce healthy financial rewards to investors as we provide opportunitiesfor growth and enrichment to our employees, our business partners and the communities in which we operate. And in everything we do, we strive for honesty, fairness and integrity."Company overviewPepsiCo, one of the leading food and beverage companies of India entered in Indian market in 1989. Pepsi soon became one of the largest multinational investors of the country and therefore established their business in order to serve the long term customer’s dynamic needs of the country. The company and its partners have invested a considerable amount of US $1 billion since its establishment and it employs around 150,000 people which includes distributors and suppliers. The company offers an expansive food and beverage business and has set up 43 bottling plants in India. The whole operational and business projects are implemented on the basis of sustainability. The commitment of Pepsi Co is to live by its thoughtful vision in order to contribute to the farmers, country and to their consumers.The organization believes that the performance of the company is directly linked to the agenda asit reflects the commitment of the company. Throughout its journey it has focussed on the three major areas ofenvironmental, human and talent sustainability (Basu, D., & Basu, G., 2010, July). Environmental Sustainabilitycomes from the commitment of the organization for striving towards replenishment of the resources and to minimize the environmental impact. Further the
CSR and PepsiCo 2company is striving to reduce its electricity and water consumption along with improvement in their packaging sustainability. Some of the initiatives being taken by the organization includes re-use of water coming from processing plants and have been supporting the farmers to deliver “more crop per drop.” The company has been taking initiatives towards waste management, agriculture, rejuvenating traditional water harvesting etc. Human Sustainabilitycomes from the goal of treating their customers with healthy eatables andproducts. It has been offering high nutrition and taste to their customers. The company has reformulated the improvement of their nutritional profile by launching nutritious snacks and beverages. The organization in partnership with the health officials, Governments, and Non-Governmental Organizations in order to address the issues related to obesity and provided their customers with innovative and healthy choices (Spreitzer, G., Porath, C. L., & Gibson, C. B. , 2012).Talent Sustainabilityhas been found by the organization in order to build an empowered workforce and encourage people to work together. The organization has encouraged people to bring their whole selves to the work. The organization has, as a result, increased their minority and female representation further encouraging the employees to participate among the community services along with creation of various rewarding opportunities for their employees and people with different abilities.The CSR policies and their theories are directly dependent on the social responsibilities arising from the fact that the extent of the social power of the corporation is understood clearly and is involved with the citizens and the community. Davis (1960) suggested that the origin of the political power being offered by the CSR proposing that organizations are social institution and
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents