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Philanthropy
Why it Matters
To PepsiCo:
We believe that diversity, equity, and inclusion make us a Faster, Stronger, and Better company, and that supporting a more equitable world is not only the right thing to do, it is the right thing to do for our business. Globally, PepsiCo strives to be an advocate for marginalized communities and to create access to critical resources that will help them to grow and thrive. The focus of our philanthropic investments is to increase equitable access to food, water, and economic opportunity in the communities where we live and work.
To the World:
As one of the world's leading convenient food and beverage companies, PepsiCo recognized the importance of combating deep-rooted inequity and helping to create awareness around major social issues like food security, safe water access, and economic opportunity. The PepsiCo Foundation provides funding, expertise, and assistance to communities struggling with these issues. Through partnership and collaboration in the communities where we live and work, PepsiCo aims to make a meaningful difference towards addressing these systemic issues.
Approach
Most of PepsiCo’s philanthropic efforts are directed through the PepsiCo Foundation - our company’s philanthropic arm. The PepsiCo Foundation invests in the essential elements of a sustainable food system with a mission to support thriving communities. Working with non-profits and experts around the globe, we're focused on helping communities obtain more equitable access to food security, safe water and economic opportunity.
Our Foundation is a key driver of progress against the pep+ (PepsiCo Positive) agenda, working to build a more sustainable food system. Through strategic partnerships and programs globally, our Foundation seeks to tackle the long-term challenges facing the global food system and do the most good for the most people. We strive for tangible impact in the places where we live and work—collaborating with industry peers, local and international organizations and empowering our employees to affect large-scale change on the issues that matter to us and are of global importance.
In addition to this work, as we work towards a Positive Value Chain, we seek to empower our associates with funding from the PepsiCo Foundation to cultivate prosperity in our communities through outreach, donation matching and our global workforce volunteering program, One Smile at a Time.
For more on our strategy and progress on philanthropic engagement, see the Philanthropy page on our website.
Progress
Philanthropic funding directly supports PepsiCo’s broader pep+ ambitions, and also supports employee giving and disaster relief. In 2022, our donations, both local and global, helped us champion causes important to PepsiCo and the communities where we operate.
| 2022 Global Citizenship Giving | (USD, in millions) |
| PepsiCo Foundation | 62 |
| Corporate Contributions | 7 |
| Division Contributions | 16 |
| Division Estimated In-Kind | 99 |
| Total | 184 |
| 2022 Foundation Disbursements1 | (USD, in millions) |
| Food Security | 13 |
| Safe Water Access | 2 |
| Economic Opportunity | 22 |
| Plastic Waste | 5 |
| Disaster Relief | 9 |
| Employee and Community Engagement | 2 |
| Matching Gifts & Employee Scholarships | 9 |
| Total | 62 |
For more detail from our Foundation’s giving, see our 2022 Foundation Giving Report.
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