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PepsiCo, Inc. to Receive 2006 Keep America Beautiful Vision for America Award

Submitted by: Keep America Beautiful

Categories: Environment

Posted: Sep 06, 2006 – 09:10 AM EST


National Nonprofit Community Improvement Organization Recognizes Major Food and Beverage Company for Environmental Leadership

Sep. 06 /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.

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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.

For more information, please contact:

Phone: 203.323.8987, Ext. 811
Phone: 203.323.8987, Ext. 817

For more from this organization:

Keep America Beautiful


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