PepsiCo, Inc., is a leading global food and beverage company that has a diverse portfolio of iconic brands. Founded in 1965 through the merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown exponentially to become a premier global consumer packaged goods (CPG) enterprise. PepsiCo's global portfolio includes numerous well-known brands that span the globe, including Pepsi, Lay's, Gatorade, Quaker, and Tropicana. It is one of the world's leading CPG companies with operations in more than 200 countries and territories. The company's product portfolio includes 23 brands that each generate more than $1 billion in estimated annual retail sales.
The PepsiCo corporate description also emphasizes its dedication to sustainability and corporate social responsibility. For instance, the firm aims to reduce its environmental footprint by improving the efficiency of its operations, reducing its use of water and energy, and minimizing its waste generation. Additionally, PepsiCo is committed to empowering people in its global business system, from farmers and employees to consumers and communities.
In essence, PepsiCo is not just a food and beverage company; it is a global entity that strives for excellence in everything it does. Its corporate vision expresses a commitment to delivering top-tier financial performance while creating sustainable growth in shareholder value. By integrating purpose into their business strategy, PepsiCo has achieved remarkable success in both its financial performance and its broader contributions to society.