PepsiCo: We Expect Suppliers to Share Our Values

SOURCE: PepsiCo

DESCRIPTION:

PepsiCo’s 10-year-old sustainable business philosophy, Performance with Purpose, is embedded deeply into its workplace culture — so deeply, that it’s part of the "code of conduct" that must be signed and upheld by every employee.

By 2025, the $62.8 billion company will ask every supplier, down to the farm worker, to make that same pledge, a process that may require the multinational food and beverage giant to rewrite thousands of contracts, according to Mehmood Khan, the company’s vice chairman and chief scientific officer for global research and development.

"If PepsiCo can do it, we’re hoping that others will follow now," Khan said during a keynote interview at the GreenBiz 17 event in Phoenix, Arizona. "That should become the global norm. Every human being has the right to some basic rights: water, labor practices, decent income to support themselves."

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Tweet me: .@PepsiCo: We expect suppliers to share our values http://grn.bz/TDt #GrnBz via @GreenBiz

KEYWORDS: Ethical Production & Consumption, Energy, Pepsico, performance with purpose, Mehmood Khan

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