Pepsi 2007 Annual Report Download - page 8

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All of this activity is crucial in its own
right and crucial in fostering the third
part of our purpose aims: Cherishing
our employees, what we call talent
sustainability.
“ The way you see people is the
way you treat them, and the
way you treat them is what they
become.” — Johann von Goethe
PepsiCo is blessed with an extraordinary
group of people. Talent sustainability is
the process of treating them well and
priming them to fulfill their dreams. So
it is at PepsiCo. We pursue diversity to
reflect the consumers we serve. We create
an inclusive environment and encourage
associates to bring their whole selves to
work. We provide excellent benefits and
training opportunities. Our associates
respond accordingly and deliver the out-
standing results we present to you here.
They are great corporate citizens, in addi-
tion to being good parents, caregivers,
coaches, and community leaders. They
combine a wonderful can-do spirit with
an earnest must-do sense of responsibility.
Gathered together each day in offices,
manufacturing facilities and distribution
centers around the world, they make
PepsiCo a company with a soul.
Let me share some notable examples of
the ways we continued to advance our
talent sustainability goals in 2007:
• Increasing female and minority repre-
sentation in the management ranks.
• Engaging employees in health and
wellness programs.
• Encouraging employees to partici-
pate in community service activities.
• Creating rewarding job opportunities
for people with different abilities.
Again, these and other initiatives are
detailed later in this report, and they
helped PepsiCo earn accolades from sev-
eral prominent organizations including
Catalyst, DiversityInc, Black Enterprise
magazine, Latina STYLE magazine,
Fortune, and others. We are proud to
be recognized internationally as “a great
company” for which to work.
Doing better by doing better — that’s
the ambition Performance with Purpose
has sparked in us. It’s always been part
of our DNA and our operating mind set.
In 2007, it boosted the engagement and
emotional commitment of associates
across the company.
All over the world, I have met associates
who have embraced Performance with
Purpose. New associates understand it
instinctively and expect this sort of holistic
approach from their employer. Veteran
employees have embraced it with no less
passion. For many it has rekindled their
creative spirit and renewed their commit-
ment to the company.
Together, we are all building on the
platform of human, environment and
talent sustainability, while continuing
to deliver great financial results.
We can do that because all associates
can see that performance and purpose
go hand-in-hand. They see that what is
good for society is also good for business.
They see that we are walking the talk:
measuring and tracking the things that we
say are important. That is a great source of
motivation across the company.
We enter the new year with great results
behind us and great prospects to come.
I look forward to 2008, because I know
we are a strong company, a responsible
company, a good company.
Indra K. Nooyi
Chairman and Chief Executive Officer
• Corporate Research Foundation
International, Holland’s professional
publication and ranking organiza-
tion, named PepsiCo among the Best
Companies to Work for in Spain.
• Latina STYLE named PepsiCo Company of
the Year.
• University students in China named PepsiCo
one of the Best Graduate Employers in
China for the second year in a row.
• Catalyst honored PepsiCo with the 2007
Catalyst Award for its Woman of Color
Multicultural Alliance.
• China Rights Forum and China Business
News Group named PepsiCo 2007
Outstanding Employer of China in the
Shanghai Region.
• Business Ethics magazine named PepsiCo
to the 100 Best Corporate Citizens list.
• DiversityBusiness named PepsiCo as
one of America’s Top Organizations for
Multicultural Business Opportunities.
• Hispanic Business named PepsiCo among
its Top 60 Diversity Elite.
• PepsiCo was named among the Most
Influential Multinationals in China for the
third consecutive year.
• The Human Rights Campaign named
PepsiCo as one of the Best Places to Work
for Gay/Lesbian/Bisexual/Transgender
(GLBT) Equality.
• The AIDS Responsibility Project (ARP)
presented PepsiCo with the International
Corporate Courage Award.
• The Women’s Foodservice Forum (WFF)
honored PepsiCo with the inaugural
Jackie B. Trujillo SOAR Award.
• Working Mother magazine named PepsiCo
one of the top five among the Top 50 Best
Companies for Multicultural Women.
• Latin Business magazine named PepsiCo
to its Corporate Diversity Honor Roll.
• Essence magazine named PepsiCo one of
the 25 Best Companies for Black Women.
• The Chicagoland Chamber of Commerce
awarded PepsiCo and EnAble with the
Innovation Award.
• The Times recognized PepsiCo U.K. & Ireland
as a place Where Women Want to Work.
• Black Enterprise magazine named
PepsiCo as one of the 40 Best
Companies for Diversity.
2007 Talent Honors
6