PepsiCo has a strong commitment to increasing female participation in the workforce, and we have set a target to reach gender parity in management roles by 2025.
PepsiCo leverages diversity and engagement as a competitive business advantage that fuels innovation, strengthens our reputation, and fosters engagement with employees and members of the communities in which we do business. We strive to improve the attraction, retention, and advancement of global and diverse talent to ensure we sustain a high-caliber pipeline.
To guide us on this journey, PepsiCo is an endorser of the United Nations Women’s Empowerment Principles–Equality Means Business. The Principles offer insight to companies with regard to empowering women in the workplace, marketplace and community.
We are also proud to be part of Catalyst, CEO Champions for Change. This group includes more than 50 high-profile CEOs publicly pledging to advance more women and women of color into senior leadership positions and onto their boards.
At PepsiCo, we encourage our associates to courageously engage and drive change. Whether that’s standing up and speaking out, sharing opinions or experiences, or creating an environment conducive to dialogue.
Our associates are invited to participate in employee resource groups (ERGs) to help drive a culture of diversity, inclusion and engagement. We support their collective efforts by telling their stories, including events such as the celebration of International Women’s Day by our Women’s Inclusion Network, events around Pride Month led by EQUAL, our group for LGBT+ employees and allies, to the inspiring work of MOSAIC, our ERG for Black associates, through celebrating Dr. Martin Luther King Jr. Day and Black History Month events in the U.S.
We have also taken the CEO action pledge, which is supporting a more inclusive workplace for employees, communities, and society at large.
Women-focused ERGS
WIN Employee Resource Group (ERG): Women's Inclusion Network aims to strengthen our culture and promote a work environment that attracts, retains, and develops women and creates a more inclusive PepsiCo.
WOC Employee Resource Group ERG: The mission of the Women of Color (WoC) Employee Resource Group is to assist PepsiCo in identifying strategies to increase representation, providing meaningful career development opportunities, and elevating Women of Color worldwide.
Our commitment to women and girls is central to our People goals:
Support Diversity, Women’s Advancement & Working Caregivers
We’re committed to building a diverse and engaged workforce that reflects the global communities where we do business. By attracting, hiring and developing diverse talent with different perspectives, experiences and backgrounds, we continuously work to foster an inclusive environment.
We strive to achieve gender parity in our management roles and pay equity for women by cultivating an environment and mind-set for behaviors that support diversity and engagement at all levels across PepsiCo, and by implementing a comprehensive review process to support pay equity for women.
We measure our progress in women’s advancement in part against how well the company’s programs support women’s unique needs and by applying holistic solutions across our global business.
We support working caregivers by actively managing equitable and supportive workplace policies and benefits, such as paid family leave, childcare support, and flexible work hours and arrangements, where possible, to address the needs of all of our associates and to help working caregivers meet their responsibilities in the workplace and at home.
Spur Prosperity
In partnership with the PepsiCo Foundation, we have invested $100 million to support initiatives to benefit at least 12.5 million women and girls around the world in communities near where we work. We believe that a comprehensive and holistic approach will help these young women achieve success, which in turn has the power to transform and build sustainable communities.
By focusing our expertise, resources and strategic partnerships, our goal is to enable 1.5 million young women to progress through school and be successful in the workforce, creating social and economic opportunities that will benefit their broader communities.
We support skills development in specialized disciplines, such as science, technology, engineering and math, as preparation for active roles in the global economy.
We provide women and their families with education and market-relevant workforce training, as well as support for nutrition, safe water access, infrastructure and sustainable agriculture.
To learn more, visit https://www.pepsico.com/sustainability/overview
Racial Equality Journey
PepsiCo was built on the foundation that we thrive because of our diversity and we can take steps together to advance to a more united, equitable and inclusive tomorrow. In June 2020, Chairman and CEO Ramon Laguarta announced our Racial Equality Journey commitments, and it was just the beginning of our work to impact structural change across all the diverse communities we serve. This is a journey, and we are committed to equality.
BLACK INITIATIVE
PepsiCo’s Racial Equality Journey Black Initiative is an investment of $400 million over five years to uplift Black business and communities, and increase Black representation at PepsiCo. Learn more about our Racial Equality Journey Black Initiative and our People, Business and Community approach. To learn more, go to: https://www.pepsico.com/about/diversity-and-engagement/racial-equality-journey-black-initiative
HISPANIC INITIATIVE
PepsiCo’s Racial Equality Journey Hispanic Initiative is an investment of $172 million over five years to address issues of inequality and create opportunity for Hispanics across our workforce, supply chain and communities. This investment is in addition to our 2020 target to spend $275 million with Hispanic suppliers. Learn more about our Racial Equality Journey Hispanic Initiative and our People, Business and Communities approach. To learn more, go to: https://www.pepsico.com/about/diversity-and-engagement/racial-equality-journey-hispanic-initiative
Our commitment to women and girls is central to our People goals:
Support Diversity, Women's Advancement & Working Caregivers
We're committed to building a diverse and engaged workforce that reflects the global communities where we do business. By attracting, hiring and developing diverse talent with different perspectives, experiences and backgrounds, we continuously work to foster an inclusive environment.
We strive to achieve gender parity in our management roles and pay equity for women by cultivating an environment and mind-set for behaviors that support diversity and engagement at all levels across PepsiCo, and by implementing a comprehensive review process to support pay equity for women.
We measure our progress in women's advancement in part against how well the company's programs support womens unique needs and by applying holistic solutions across our global business.
We support working caregivers by actively managing equitable and supportive workplace policies and benefits, such as paid family leave, childcare support, and flexible work hours and arrangements, where possible, to address the needs of all of our associates and to help working caregivers meet their responsibilities in the workplace and at home.
Spur Prosperity
In partnership with the PepsiCo Foundation, we have invested $100 million to support initiatives to benefit at least 12.5 million women and girls around the world in communities near where we work. We believe that a comprehensive and holistic approach will help these young women achieve success, which in turn has the power to transform and build sustainable communities.
By focusing our expertise, resources and strategic partnerships, our goal is to enable 1.5 million young women to progress through school and be successful in the workforce, creating social and economic opportunities that will benefit their broader communities.
We support skills development in specialized disciplines, such as science, technology, engineering and math, as preparation for active roles in the global economy.
We provide women and their families with education and market-relevant workforce training, as well as support for nutrition, safe water access, infrastructure and sustainable agriculture.
https://www.pepsico.com/about/diversity-and-engagement/progress-at-pepsico