PepsiCo recently launched its most recent Diversity, Equity and Inclusion (DE&I) Report, illustrating actions centered on equity and building a culture of inclusion to enable progress on gender parity, pay equity and increasing diverse workforce representation.
The report includes an audio component featuring the voices of select associates who contributed to the company’s progress, to provide those who are visually impaired with the opportunity to experience the report. The audio component reflects the company’s commitment to transforming the workforce to be more inclusive and accessible.
“DE&I is and will continue to be a competitive advantage for our company, driving our performance, and enabling our sustained growth over the long-term,” said Ramon Laguarta, PepsiCo’s Chairman and CEO. “As we look to the year ahead, we remain committed to advancing our DE&I agenda with transparency and accountability. Together with our associates, business partners and communities, we can achieve our goals and build a company that is not only successful and sustainable, but inclusive and welcoming to all.”
Progress on the company’s three strategic pillars shared including: a space for people to be themselves, a space for business partners to progress, and a space for communities to thrive. Achieving gender parity in managerial roles with notable achievements being PepsiCo Latin America opened its first production line operated by women in Venezuela and PepsiCo India doubled the number of women in sales. PepsiCo has invested more than US$2.9 billion in diverse suppliers, and met the needs of local communities through its Food for Good program aiming to increase access to nutritious foo.
“We don’t settle for average at PepsiCo – we strive to attract and retain the best talent for our teams,” explained Tina Bigalke, PepsiCo’s Global Chief Diversity, Equity, and Inclusion Officer. “We’re advancing our efforts with strategic intention, continuously leveraging data and insights to meet the needs of our workforce, listening to our associates, business partners and communities about how to optimize our impact, and inspiring actions to raise standards throughout our ecosystem.”
The digital and interactive 2021 DE&I Report includes a snapshot of the company’s diversity journey, pillar focus areas, progress against goals and additional assets. The report is available here.
Read more latest industry news and developments in our free to download magazine.