PURCHASE, N.Y., May 26, 2009 – PepsiCo, Inc. (NYSE: PEP ) opened an organic, employee-run garden today at an event hosted by PepsiCo Chairman and Chief Executive Officer Indra Nooyi.
The garden will use no pesticides and its plants will be fertilized with used coffee grinds from the building's cafeteria and coffee stations. Approximately 225 PepsiCo associates have teamed up to plant and care for 58 plots of herbs and vegetables. In total, they will grow about 25 different vegetables and nearly 30 different herbs for their own use or for donation to the Westchester Food Bank in Millwood.
“We're bringing home the idea of thinking globally and acting locally,” said Nooyi. “Our employees envisioned this garden as a catalyst to integrate healthful, locally grown herbs and vegetables into their everyday lives. I believe that it will also be a source of inspiration for innovation in our products and operations.”
PepsiCo and its employees plan to open more organic gardens at the company's campuses all around the world. These on-site nurseries will allow employees to grow more plants from seed to shelf and to distribute the food more extensively in the communities in which the company operates.
The employee garden is one of many initiatives continuing PepsiCo's Performance with Purpose mission. The company is committed to protecting the world's natural resources and operating in a way that minimizes its environmental footprint while giving back to the communities it serves.
PepsiCo is one of the world's largest food and beverage companies, with 2008 annual revenues of more than $43 billion. The company employs approximately 198,000 people worldwide, and its products are sold in approximately 200 countries. Its principal businesses include: Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and Quaker foods. The PepsiCo portfolio includes 18 brands that generate $1 billion or more each in annual retail sales. PepsiCo's commitment to sustainable growth, defined as Performance with Purpose, is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a spectrum of convenient foods and beverages, reducing the company's impact on the environment through water, energy and packaging initiatives, and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent. PepsiCo is listed on the Dow Jones Sustainability North America Index and the Dow Jones Sustainability World Index. For more information, please visit www.pepsico.com