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knoeledge ico c s r in canada for students and all others plz s
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INTRODUCTION Pepsico is an American based international food, snack and beverage cooperation. Currently headquartered in Harrison,New York. On daily basis it does manufacturing , marketing and distribution of grain based snack foods and beverages. To examplify, pepsico ships snack food and beverages to Loblaws and from here it sends order to stores like No Frills , Zehers and Real Canadian Superstores etc. From where we can buy this.
LET‘S TALK ABOUT HISTORY It all started in 1965 merging with Pepsi cola company and Frito Lays Inc. Sicnce then it started expanding due to its product Pepsi and other wide range of products in food and beverages. after a while it acquired more companies like tropicana in 1998 and quaker oats company in 2001.
I HAVE A To be the world's premier consumer products company focused on convenient foods and beverages. Moreover , to produce financial rewards to investors as providing opportunities for growth and enrichment to employees, business partners and the communities in which Pepsico operates. In everything Pepsicodo, Pepsicostrive for honesty, fairness and integrity.
VISION • Our vision is put into action through programs and a focus on environmental stewardship, activities to benefit society, and a commitment to build shareholder value by making PepsiCo Canada a truly sustainable company.
Social responsibility can be explained as a frame work in which every individual has to perform a duty in order to maintain an equilibrium between economy and ecosystem. When it comes to a large cooperation such as Pepsico they need to be very concerned about maintaining the balance between two so that it does not impact the our resources and environment and our upcoming generation so that they can also take take the benifits of resources as we are taking now.
Human sustainability • Pepsico knows every country they have diiferentresponsibilites . But when it comes to canada they knew canadian are very particular about thierhealyh and life style . For this keep making high qualty food and beverages that fits in health and lifestyle.
Frito lays • From decades frito lays is providing a wide range of chips varity that fits in any lifestyle. In keeping mind the health of canaians they always use farm grown ingredients to maintain great taste and quality. Following are some of their efforts • Inroduced baked chips in 1996. • No trans fat by movinf to healty oils. No trans fat in potato chips like in lays and ruffles and also inroduced no fat tortilla chips like in dortitos and tortitos.
Inroduced low sodium and lightly salted chips. • Intoduced sun chips which is entirely made of whole grain content. • Made many lays potao chips gluten free.
PepsiCo Beverages Canada Here are some of the products to meet quality and health • Tropicana Pure Premium 100% not-from-concentrate orange juice. • Tropicana Essentials 100% juices offering the benefits of calcium and vitamin D. • Tropicana Trop50® with 50% less sugar and calories than the leading 100% juices in 2011. • To meet the needs of a broader group of athletes in 2008 with G2 electrolyte beverage from the maker of Gatorade, with 50% less calories and the same electrolytes. • O.N.E Coconut Water in 2012. 100% natural, O.N.E 100% Coconut Water contains only water straight from the young green coconut.
Quaker Foods & Snacks • Quaker Instant Oatmeal varieties with a high source of fibre and one with 45% less sugar than our original flavours. • Quaker Weight Control Instant Oatmeal with more protein and fibre . • Reduced sodium by 20% across all flavours of Quaker Instant Oatmeal. • Quaker Chewy granola bars, peanut free facility granola bar, perfect for school lunches and now available in 8 delicious flavours. • Eliminated trans fat from the entire Quaker Rice Cake portfolio.
Environmental Sustainability • Keeping in mind environment pepsicocanada is using every method that cause less imapct on environment . • In 2007 they had annouced to reduce water consumption by 20% ,electricity consumption by 20% and fuel by 25% per unit production which was achieved in 2015.
Supporting Our Communities In canadapepsico strategy is working on three areas: • building strong communities • nourishing Canadians • preserving the environment Pepsicocanadanational charitable partners are • United Way • Food Banks Canada • The Canadian Breast Cancer Foundation • ONEXONE. Also partner with local charitable organizations in Canadaian communities for annual National VolunPepsiCo Canada's Charitable Foundation The Pepsi Foundation, raises and distributes funds for underprivileged children and youth. Its donations help support organizations such as • YMCA ( THE YOUNG MENS CHRISTIAN ASSOCIATION) • ONEXONE • Youth in Motion
ETHICS • By establishing Performance with Purpose as a guiding vision, Pepsicoleaders have set the course for PepsiCo to deliver sustainable financial performance through ethical business practices. • Communicate to all employees how strongly business leaders embrace and support the behavioral expectations set out in those documents. • Thiergoal is to encourage everyone at PepsiCo to behave consistently with those expectations and to embed ethics in every decision they make and every action they take. • Conducting regular training programs and publish ingfrequentmessages about ethics, and we ask managers to explicitly discuss ethics within their teams.
Stakeholder in pepsico • Due to company global citizen policy stakeholders interest expands ,which serves as its primary strategy for CSR(corporate social responsibility . As an international growth and expansion stakeholders varity and demands increase . But, Pepsico is adapting the changing business environment. Pepsico CSR strategies are based upon how stakeholders impact the business. Following are major stakeholder groups:- • Consumers and customers (top priority) • Communities • Employees • Investors • Government (least priority)
Consumers and Customers • Consumers and customers are on the top of list in Pepsico’s CSR strategies . This stakeholder group determines the financial standing of the company in terms of revenues. Consumers are using their products and expects great quality with reasonable price. On the other hand, customers who are doing business with Pepsico wants a linear( stable and improving) business. Like distribution centers and superstores(loblaws,zehers, and no frills etc).
Communnities influences the customer and employee most . And due to this this stakeholder have responsibility to make a good image . The interests of these stakeholders include corporate support for community development programs. • the Foundation invests in organizations like Diplomas Now, which supports education and career development in city neighborhoods. Also, the firm expands recycling and waste management programs.
For the long term growth of the company employees are must. And in return safe work environment with equal opportunties foe everyone is Pepsicoresponsibilty. Investors due to company hugher significant performance investors are intersted in Pepsico. Investors significantly affect the company through availability and cost of capital
Government. Governments are significant in terms of imposing rules and requirements on PepsiCo’s business. This stakeholder group is interested in ensuring that companies comply with regulations. PepsiCo’ global legal team and public relations team address issues related to governments. Furthermore, the company has policies for bottlers, distributors, and suppliers to ensure that they comply with government requirements.
Private policy in canada At PepsiCo, acting ethically and responsibly is not only the right thing to do, but also the right thing to do for thier business. PepsiCo Global Code of Conduct (our "Code") has been revised effective October 1, 2012 to address changing laws that impact our business. It is designed to provide our employees with specific guidance. • All PepsiCo employees are expected to embrace the principles of our Code and: • show respect in the workplace • act with integrity in the marketplace • ensure ethics in our business activities and • perform work responsibly for our shareholders.
Private policy in canada Overview of Our Global Anti-Bribery Compliance Policy This policy emphasizes PepsiCo’s obligation to act ethically and responsibly in all business dealings by providing a clear framework that: • Prohibits both public sector and commercial bribery • Explains the rules that must be followed regarding gifts, meals, travel, and entertainment relating to Government Officials and customers, suppliers and other third parties • Identifies required anticorruption due diligence processes to be conducted on third parties • Outlines requirements for donations, sponsorships, and corporate social responsibility (CSR) activities with a government touchpoint • Emphasizes the importance of maintaining accurate books and records for all PepsiCo transactions • The provisions within this policy apply, where appropriate, to all third parties who are bound by PepsiCo’s Supplier Code of Conduct.
