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Corporate Social Responsibility
News
9.06.2006 - 09:10am ET
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PepsiCo, Inc. to Receive 2006 Keep America Beautiful Vision for America Award
National Nonprofit Community Improvement Organization Recognizes Major Food and Beverage Company for Environmental Leadership
(CSRwire) STAMFORD, Conn. - Keep America Beautiful, Inc., the nation's largest
nonprofit community improvement organization, has chosen PepsiCo, Inc. as
its 2006 Vision for America Award honoree. Keep America Beautiful
recognizes and honors PepsiCo for the corporation's leadership role in
preserving the environment through many diverse conservation and
educational efforts.
The Vision for
America Award is presented annually to distinguished leaders of
honored corporations, whose personal and corporate commitment have
significantly enhanced civic, environmental and social stewardship
throughout the United States. PepsiCo Chairman and CEO Steven S Reinemund
will accept the 21st annual Vision for America Award on behalf of
PepsiCo and its subsidiaries and bottling partners on October 17 at a
dinner at New York City's Grand Hyatt.
"PepsiCo has been a long-time supporter of Keep America Beautiful
initiatives in classroom education and grassroots volunteer action
programs," said Keep America Beautiful President G. Raymond Empson.
"PepsiCo's commitment to sustainability, environmental responsibility and
corporate citizenship is a key element of the company's code of conduct.
PepsiCo addresses water quality, the recycling of aluminum cans and PET
bottles, and other progressive policies and programs that enable its
businesses to thrive in a competitive marketplace while serving the
greater good. We're proud to honor PepsiCo with this distinguished
award."
"PepsiCo is proud of our long association with Keep America Beautiful. We
have always believed that caring for the world we live in is part of being
a good corporate citizen. I'm personally honored to have the opportunity
to accept this distinguished award on behalf of the 157,000 associates at
PepsiCo and our many partners" said Steve Reinemund, who has announced
that he will retire as PepsiCo CEO on October 1, 2006, and will serve as
Executive Chairman until May, 2007.
PepsiCo's sustainability vision to make "Tomorrow better than Today"
encompasses all aspects of its operations by encouraging conservation,
recycling and energy use programs that promote clean air and water, and
reduce landfill waste.
An active supporter of Keep America Beautiful programs since the 1960s,
PepsiCo and its bottling partners have participated in and supported a
wide range of initiatives at both the national and local affiliate level.
Its Pepsi-Cola North America division is a charter sponsor of Keep America
Beautiful's signature event, the Great American Cleanup.
Pepsi-Cola has been a strong supporter of Keep America Beautiful classroom
education. With funds from a Pepsi-Cola grant, Keep America Beautiful
developed a highly successful educational poster, titled "236 Million Tons
of Trash," that shows students how communities manage their municipal solid
waste. Reducing solid waste is just one of the many environmental issues
that Keep America Beautiful has addressed through the partnership and
support of PepsiCo.
Recently, Pepsi-Cola North America's Aquafina water brand teamed up with
KAB and SAM'S CLUB to "Return the Warmth" to local communities through a
large-scale recycling program. More than 30 million plastic beverage
bottles have been collected throughout the country during KAB's Great
American Cleanup in the program's first year. "Return the Warmth"
promotes recycling, and "completes the loop" by turning recycled PET
materials into fleece jackets which are provided to needy children.
About PepsiCo, Inc.
PepsiCo is one of the world's largest food and beverage companies, with
2005 annual revenues of more than $32 billion. Its principal businesses
include Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks,
Tropicana juices and Quaker foods. Its portfolio includes 17 brands that
each generates $1 billion or more in annual retail sales.
About Keep America Beautiful, Inc.
Keep America Beautiful, Inc., established in 1953, is the nation's largest
volunteer-based community action and education organization. With a network
of nearly 1,000 affiliate and participating organizations, Keep America
Beautiful forms public-private partnerships and programs that engage
individuals to take greater responsibility for improving their community
environments. To learn more about Keep America Beautiful and its Vision
for America Award, please go to
www.kab.org.
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