It is Pepsi-Cola's policy to promote the utilization of eligible M/WBE vendors in all aspects of the company's business.
The company will:
- Actively and diligently seek out qualified M/WBEs for all possible company requirements.
- Ensure that M/WBEs fully comprehend the company's requirements and are thus able to bid appropriately.
- Make every reasonable effort to help qualified M/WBEs to meet company standards.
In carrying out this policy, the company does not expect to sustain any undue or enduring financial or service penalties.
Further, with respect to majority-owned companies and general contractors, we advise these vendors of Pepsi-Cola's commitment to support minority economic development.
To this end, we encourage these suppliers to use minority and women vendors, distributors and qualified subcontractors as part of their service.