Concepts & Application of Sustainability

GROUP 6:
Name PRN
Jay Divyam 21020841115
Mallika Nair 21020841165
Rachit Kaul 21020841127
Chinmay Mishra 21020841160
Raghav Agrawal 21020841241

Evaluation of PepsiCo’s Human & Talent Sustainability Strategies

Introduction
PepsiCo is a multinational food and beverage corporation headquartered in the United States. It
operates in over 200 countries and has a portfolio of globally recognised brands. In 2010, PepsiCo.
Launched its "Performance with Purpose" strategy, which aims to drive sustainable long-term growth
by aligning the company's business goals with societal and environmental goals. As part of this
strategy, PepsiCo has focused on Human Sustainability and Talent Sustainability. The following
report evaluates these strategies and recommends execution steps to achieve a turnover of $ 30 billion
from $13 billion in 10 years.

Some Initiatives under the Program

1. Sustainable Agriculture: PepsiCo India has implemented its Sustainable Agriculture program
in over 5,000 villages across India, benefiting over 24,000 farmers. Through this program, the
company has provided training and support to farmers to promote sustainable farming
practices and improve their livelihoods.
2. Water Conservation: PepsiCo India has implemented several initiatives to conserve water,
including rainwater harvesting and irrigation. As a result, the company has reduced its r usage
by 45% in its manufacturing operations and has replenished over 6 billion litres of water in
local communities.
3. Packaging Sustainability: PepsiCo India has implemented several initiatives to promote
packaging sustainability, including using lighter packaging materials, promoting recycling,
and investing in sustainable packaging solutions. As a result, the company has reduced its
packaging material usage by 10%, and 100% of its beverage packaging is recyclable.
 4. Employee Engagement: PepsiCo India has implemented several employee engagement
initiatives, including the "Women of the Harvest" program, which provides training and
support to women in the agricultural supply chain, and the "Swasth Gaon, Swasth Jeevan"
program, which promotes health and wellness in rural communities. As a result, PepsiCo
India has been recognised as the best company to work for in India.
5. Business Growth: PepsiCo India has achieved significant business growth in recent years,
with its revenue growing by 34% in 2020 compared to the previous year. The company has
also launched several new products and expanded its distribution network to reach more
consumers across India.
These initiatives and growth figures demonstrate how PepsiCo India's Performance with Purpose
strategy is driving sustainable long-term growth while also promoting social and environmental
sustainability.

Evaluation of Human Sustainability strategy

PepsiCo's Human Sustainability strategy is focused on empowering people and promoting diversity
and inclusion. The company's goals in this area include improving the lives of workers in its supply
chain, promoting diversity and inclusion in the workplace, and empowering women and girls.
PepsiCo has made progress in these areas by implementing programs such as the PepsiCo Women's
Empowerment Principles and the Sustainable Farming Initiative.
To achieve a turnover of $ 30 billion in 10 years, PepsiCo should continue to focus on its Human
Sustainability strategy. The following execution steps can be taken:

• Increase investment in the Sustainable Farming Initiative: PepsiCo should invest more in the
Sustainable Farming Initiative to improve the livelihoods of farmers in its supply chain. This
will not only promote Human Sustainability but also ensure a stable supply of high-quality
raw materials for the company.
• Promote diversity and inclusion in the workplace: PepsiCo should continue to promote
diversity and inclusion in the workplace by implementing programs such as unconscious bias
training and employee resource groups. This will help attract and retain top talent from
diverse backgrounds critical to achieving the company's growth goals.
• Empower women and girls: PepsiCo should expand its Women's Empowerment Principles
program to reach more women and girls around the world. This will not only promote Human
Sustainability but also create a pipeline of future talent for the company.

Evaluation of Talent Sustainability strategy

PepsiCo's Talent Sustainability strategy is focused on developing and retaining top talent. The
company's goals in this area include attracting top talent, developing future leaders, and fostering a
culture of innovation. PepsiCo has made progress in these areas by implementing programs such as
the Leadership Development Program and the Performance with Purpose Fellowship.
To achieve a turnover of $ 30 billion in 10 years, PepsiCo should continue to focus on its Talent
Sustainability strategy. The following execution steps can be taken:
▪ Expand the Leadership Development Program: PepsiCo should expand its Leadership
Development Program to include more employees and provide more opportunities for
leadership development. This will help identify and develop future leaders who can drive the
company's growth.
 ▪ Foster a culture of innovation: PepsiCo should foster innovation by encouraging employees to
think creatively and take risks. The company should also invest in research and development
to drive innovation in its products and processes.
▪ Develop a robust employee retention program: PepsiCo should develop a robust employee
retention program that includes competitive compensation and benefits, opportunities for
career development, and a supportive work environment. This will help retain top talent and
reduce employee turnover, which can be costly for the company.

Conclusion
The strategies of PepsiCo's Human Sustainability and Talent Sustainability are essential to achieving
the business's growth objectives. PepsiCo should continue to concentrate on these strategies and
follow the implementation procedures outlined in this report to reach a revenue of $30 billion in ten
years. PepsiCo can attract and keep top talent, fuel innovation, meet its growth objectives, and
advance human sustainability by investing in the Sustainable Farming Initiative, encouraging
diversity and inclusion at work, enhancing the Leadership Development Program, and fostering an
innovative culture.