CHICAGO--(BUSINESS WIRE)--
PepsiCo, Inc. (NYSE:PEP) today announced the results of its 2016 philanthropic commitment to the Chicago community. Over the course of the year, PepsiCo invested almost $1.5 Million and dedicated 5,629 employee volunteer hours to non-profit organizations that serve the Chicagoland community spanning across its philanthropic pillars of community nutrition, youth and active families, culture and civic leadership, and sustainability.
Notably, PepsiCo Chicago – home to many of PepsiCo’s nutrition brands, including Quaker Oats, Tropicana and Naked – increased its investment in community nutrition by 20 percent from 2015. A significant part of that investment was with The Kitchen Community to establish a new Entrepreneurship Learning Garden for Prosser Career Academy in the Belmont Cragin neighborhood of Chicago. The Kitchen Community’s Learning Gardens are outdoor classrooms built primarily in underserved schools. The Entrepreneurship program specifically is focused on helping high school students to actively contribute to their communities through the Learning Garden. Also in the nutrition space, PepsiCo partnered with non-profit organization Common Threads to provide the Cooking Skills & World Cuisine Program to three Chicago Public Schools – Chase, Camras and Jenner Elementary Schools.
“PepsiCo understands the immense value that volunteerism and philanthropic support have on our Chicago community and residents,” said Lauren Burns, Senior Director of Communications at PepsiCo North America Nutrition. “As part of PepsiCo’s commitment to deliver Performance with Purpose, we have a responsibility to do good and leave a positive imprint in the communities in which we operate.”
PepsiCo Chicago achieved another milestone for the year, increasing its employee volunteerism to 5,629 volunteer hours throughout the course of the year. In June 2016, more than 300 PepsiCo employees volunteered at Madison and Avalon Elementary schools for Chicago Cares’ Serve-a-thon.
“PepsiCo has been one of our longest standing corporate partners, with donations and support that help us connect organizations in need with dedicated volunteers in the community,” said Jenné Myers, CEO of Chicago Cares. “PepsiCo’s involvement in Chicago Cares has led to more than 27,000 volunteer hours logged over the last 22 years of our partnership.”
Chicago non-profit organizations served by PepsiCo in 2016 include, but are not limited to, Big Brothers Big Sisters, Chicago Cares, Chicago Food Depository, Plant Chicago, Common Threads, Feed the Children, Friends of the Chicago River, Girls in the Game, Goodman Theatre, Rauner YMCA, Step Up, The Kitchen Community, Top Box Foods, The Chosen Few and The Executives’ Club of Chicago.
About PepsiCo, Inc.
PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $63 billion in net revenue in 2015, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.
At the heart of PepsiCo is Performance with Purpose – our fundamental belief that the success of our company is inextricably linked to the sustainability of the world around. We believe that continuously improving the products we sell, operating responsibly to protect our planet and empowering people around the world is what enables PepsiCo to run a successful global company that creates long-term value for society and our shareholders. For more information, visit www.pepsico.com.
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