Pepsi 2014 Annual Report Download - page 58

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38
restructuring our go-to-market systems to optimize our distribution network; and increasing organizational
effectiveness and efficiencies through the ongoing evolution of our operating model.
Continue to embrace sustainable business practices across our supply chain.
We expect the demand for finite natural resources will continue to rise as the global population continues to
grow. To address this concern, we plan to continue developing and deploying innovative ways to conserve
and replenish water, reduce energy consumption and greenhouse gas emissions, promote sustainable
agriculture and decrease waste sent to landfills.
Build and retain top talent.
We expect that the global competition for talent will continue to accelerate. Global companies like PepsiCo
need strong general managers in local markets, leaders who can collaborate effectively on multi-disciplinary
teams and employees who can solve complex, multi-faceted challenges. To meet the future needs of our
business, we remain focused on systematically developing the functional, technical and leadership skills we
need for sustainable long-term performance.
Deliver on the promise of Performance with Purpose.
Performance with Purpose is our goal to deliver top-tier financial performance while creating sustainable
growth and shareholder value. In practice, Performance with Purpose means providing a wide range of
beverages, foods and snacks, from treats to healthy eats; finding innovative ways to minimize our impact on
the environment and reduce our operating costs; providing a safe and inclusive workplace for our employees
globally; and respecting, supporting and investing in the local communities in which we operate. PepsiCo
was again recognized for its leadership in this area in 2014 by earning a place on the prestigious Dow Jones
Sustainability World Index for the eighth consecutive year and on the North America Index for the ninth
consecutive year.
Our Operations
We are organized into six reportable segments (also referred to as divisions), as follows:
1) Frito-Lay North America (FLNA);
2) Quaker Foods North America (QFNA);
3) Latin America Foods (LAF), which includes all of our food and snack businesses in Latin America;
4) PepsiCo Americas Beverages (PAB), which includes all of our North American and Latin American
beverage businesses;
5) PepsiCo Europe (Europe), which includes all beverage, food and snack businesses in Europe and
South Africa; and
6) PepsiCo Asia, Middle East and Africa (AMEA), which includes all beverage, food and snack
businesses in AMEA, excluding South Africa.
See “Item 1. Business.” for more information on our divisions and a description of our distribution network,
ingredients and other supplies, brands and intellectual property rights, seasonality, customers and competition.
In addition, see Note 1 to our consolidated financial statements for financial information about our divisions
and geographic areas.
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