New global goals in the areas of nutrition, environment and workplace practices

PepsiCoMar 22 2010

PepsiCo (NYSE: PEP), the world's second-largest food and beverage company, today announced new global goals in the areas of nutrition, the environment, and workplace practices at its investor conference here at the Legends Suite Club in Yankee Stadium.

The goals are designed to advance PepsiCo's commitment to deliver sustainable growth and they apply to the company's food and beverage businesses around the world, including Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade.  PepsiCo calls this commitment Performance with Purpose.

To encourage people to live healthier lives – and to address growing consumer desire for healthier, great-tasting products – PepsiCo is committing to achieve industry-leading nutrition goals, including:

• Increasing the whole grains, fruits and vegetables, nuts, seeds and low-fat dairy in its product portfolio
• Reducing the average sodium per serving in key global food brands in key markets by 25 percent by 2015
• Reducing the average saturated fat per serving in key global food brands in key markets by 15 percent by 2020
• Reducing the average added sugar per serving in key global beverage brands in key markets by 25 percent by 2020

"We believe that a healthier future for all people and our planet means a more successful future for PepsiCo," said Indra Nooyi, PepsiCo chairman and chief executive officer. "These commitments are shared by all of our businesses and reflect our focus on profitable, long-term growth and will guide us as we continue to build a portfolio of enjoyable and wholesome foods and beverages for consumers around the world."

PepsiCo is among 10 leading food and beverage companies to sign the "Global Commitment to Action on the Global Strategy on Diet, Physical Activity and Health," a commitment addressed to the World Health Organization in 2008.  The company's new global goals are action steps that directly address the key WHO commitments.

Following is a sample of some of PepsiCo's commitments:

Human Sustainability/Health and Wellness

• Display calorie count and key nutrients on food and beverage packaging by 2012
• Eliminate the direct sale of full-sugar soft drinks to primary and secondary schools around the globe by 2012
• Expand PepsiCo Foundation and PepsiCo corporate contribution initiatives to promote healthier communities, including enhancing diet and physical activity programs
• Invest in business and research and development to expand offerings of more affordable, nutritionally relevant products for underserved and lower-income communities

Environmental Sustainability

• Provide access to safe water to three million people in developing countries by the end of 2015
• Reduce packaging weight by 350 million pounds — avoiding the creation of 1 billion pounds of landfill waste by 2012
• Work to eliminate all solid waste to landfills from PepsiCo's production facilities
• Commit to an absolute reduction in GHG emissions across global operations

Talent Sustainability

• Ensure a safe workplace by continuing to reduce lost time injury rates, while striving to improve other occupational health and safety metrics through best practices
• Encourage associates to lead healthier lives by offering workplace wellness programs globally
• Match eligible associate charitable contributions globally, dollar for dollar, through the PepsiCo Foundation