Building a better, more diverse and inclusive workplace takes more than just a promise.
In 2020, we announced our Racial Equality Journey (REJ) Initiative, which is investing more than $570 million over five years to increase Black and Hispanic representation at PepsiCo and in our partnerships and supply chain. We are also committed to helping dismantle systemic barriers in Black and Hispanic American communities.
It’s a journey that we’ve just begun, and in working together, we are committed to effecting meaningful change.
The Black Initiative
The Black Initiative within our REJ is an investment of more than $400 million to increase Black representation at PepsiCo, support Black businesses and empower Black communities.
The Hispanic Initiative
The Hispanic Initiative is focused on increasing Hispanic representation at PepsiCo, in our offices and our supply chain, and offers support at a community level. Over the next five years, we’re investing $172 million to empower Hispanic communities and businesses; in 2020 we supported additional initiatives with $224 million for Hispanic suppliers.