THE CONFERENCE PROCEEDINGS - IFEAT

in legacy products in a difficult position. Should they reformulate and risk consumer alienation, orcontinue to make a product with supply risk.So I hope you can now see that sustainability has a direct impact on brand and company reputation,and consumers are watching.PEPSICO APPROACHI want to share with you PepsiCo’s approach to sustainability, which you will see is very broadcompared to traditional thinking.Performance with Purpose–The Promise of PepsiCoStrive to deliversuperior, sustainablefinancial performance.Encourage people to livehealthier by offering aportfolio of bothenjoyable andwholesome foods andbeverages.Protect the Earth’snatural resourcesthrough innovation andmore efficient use ofland, energy, water andpackaging in ouroperations.Invest in our associates to helpthem succeed and develop theskills needed to drive thecompany’s growth, whilecreating employmentopportunities in thecommunities we serve.PepsiCo is not just sitting back thinking our supply chain will act on their own. We have Performancewith Purpose. PWP deals with delivering sustainable growth by investing in a healthier future for ourpeople and the planet. The Performance is everything you’ve known PepsiCo for: responsible volumeand sales growth, and fair returns to our stakeholders. Human sustainability deals with ourcommitment to continue to develop products that address the needs of consumers around the world,whether they are treats that build off thecultural food heritage of the indigenouscountry or healthy foods that solve someof the toughest malnutrition issues.Environmental sustainability is as youwould expect: reducing, reusing orrecycling our wastes, plus being goodstewards of the earths environment.Talent Sustainability involves how wetreat and train our people. I could spendmy entire presentation talking aboutPepsiCo’s effort in this area. For those ofyou with a further interest I wouldencourage you to visit our PepsiCo.com&&website and look under the banner “purpose” for more information.PepsiCo Supplier Standards are part of PWP!"#$%#&'()*$+,*-.,$%/*01/#2#34$$51&&,(#/$)*/&*/.4#$5*0(.,$6#'&*3'(-(,(47$8)569$:''1/.30#$%/*;/.2$".'$4