Press release
PepsiCo Reveals Company's Continued Progress Through the Voices of Associates in Latest DE&I Report
Following last year's debut of its evolved global strategy underpinned by "A Space to be You", the 2021 report demonstrates how PepsiCo continues to deliver
About this update from Pepsico, Inc.
[{"type":"text","content":"Following last year's debut of its evolved global strategy underpinned by \"A Space to be You\", the 2021 report demonstrates how PepsiCo continues to deliver on its commitment to foster a diverse, equitable and inclusive space for associates to be themselves, business partners to progress, and communities to thrive.\n\n\nPURCHASE, N.Y., Nov. 9, 2022 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today published its most recent Diversity, Equity and Inclusion (DE&I) Report, illustrating actions centered on equity and building a strong culture of inclusion that has enabled important progress on gender parity, pay equity and increasing diverse workforce representation, while supporting marginalized communities around the world. For the first time, the report also includes an audio component featuring the voices of select associates who contributed to the company's progress, providing those who may be visually impaired the opportunity to experience the report. This added audio feature illustrates PepsiCo's continued commitment to evolving its offerings to be more inclusive and accessible.\n\n \n \n \n \n \n \n\n \n\"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.\"\nThe latest DE&I Report shared progress across the company's three strategic pillars, including:\nA space for people to be themselves:\nAdvancing gender parity in managerial roles globally with progress currently at 43%, positively trending toward its goal to achieve 50% by 2025.PepsiCo Latin America opened its first production line operated solely by women in Aragua, Venezuela.PepsiCo India doubled the number of women in sales, with more than 25% in senior management roles.Increasing Black and Hispanic representation at the managerial level, at 8.3% and 9.5%, respectively. As part of its U.S. Racial Equality Journey, PepsiCo is on track to meet its goal of increasing managerial representation in the U.S. to 10% by 20...