As we grow, we are guided by Performance with Purpose, our commitment to sustained growth with a focus on Performance, Human, Environmental and Talent Sustainability. We believe that doing what's right for people and our planet leads to a more successful future for PepsiCo.
We continuously manage our activities against measurable goals that are designed to ensure strong financial performance; a balanced portfolio with healthier choices; sound environmental stewardship; and a safe, supportive workplace for our associates and supply chain partners.
In 2011, for example, PepsiCo signed a landmark partnership with the Inter-American Development Bank to spur economic growth in 26 countries across Latin America and the Caribbean. The partnership's inaugural project will expand commercial sunflower production to provide a source of heart-healthy, high-oleic sunflower oil (HOSO) for snacks in Mexico. It also will provide loans and a source of income for more than 650 Mexican farmers and their families.
On the environmental front, through the third quarter of 2011, we achieved an average reduction in per-unit use of thermal energy of 10.5 percent in our food plants and 27.6 percent in our beverage plants, against a 2006 baseline, and we improved our overall water-use efficiency by 22.1 percent during the same time frame.1
In Talent Sustainability, our 2011 Organizational Health Survey of all PepsiCo associates globally found that we have maintained high levels of employee engagement as benchmarked against historical survey data. The Survey also showed that PepsiCo has made progress in many key areas, including work-life balance.
To learn more about PepsiCo's Performance with Purpose journey visit: http://www.pepsico.com/Purpose.html
PepsiCo's Corporate Sustainability Report, scheduled for release later this year, will provide a more in-depth look at our progress as we advance on our Performance with Purpose journey.
1 This data excludes major acquisitions and divestitures after the 2006 baseline year.