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PepsiCo CEO for Asia, Middle East and North Africa meets PM


  Mike Spanos, PepsiCo chief executive officer for Asia, Middle East and North Africa (AMENA), met Prime Minister Imran Khan in Islamabad today.  Mr. Spanos led a delegation of senior executives, which included Aamer Sheikh, chief financial officer, PepsiCo AMENA and Furqan Ahmed Syed, vice president and general manager, PepsiCo Pakistan. Demonstrating PepsiCo’s ongoing commitment to Pakistan, Mr Spanos discussed plans for the PepsiCo system to invest US$1 billion over the next five years. The Prime Minister welcomed PepsiCo’s continued investment, and Mr. Spanos extended the company’s full support to the government on its socio-economic and reform agenda. The PepsiCo delegation noted the company’s appreciation for the government’s focused efforts towards providing a positive business climate for all companies operating in Pakistan. PepsiCo has been part of the business community in Pakistan for more than fifty years. The PepsiCo system (including company-owned snacks business and franchised bottling partners and distributors) brings more than 60,000 direct and indirect employment opportunities to the citizens of Pakistan. Together, the system has invested more than US$800 million in the last five years. As one of the nation’s leading food and beverage companies, the company works with 160 Pakistani growers to purchase only locally-grown potatoes and corn for its products such as Lay’s and Kurkure. This supports an estimated 4,000 jobs while providing critical support for rural economies and empowering farmers with critical training on sustainable farming practices. Mr. Spanos extended an invitation to Prime Minister Imran Khan to inaugurate PepsiCo’s new snacks manufacturing facility in Multan early next year. The state-of-the-art facility represents an investment of US$66 million and is expected to create more than 1,500 direct and indirect employment opportunities for Pakistani citizens.   Mr. Spanos discussed the company’s support for key pillars of Prime Minister Khan’s 100 Day Plan, noting the importance of sustainable development.  The two leaders discussed the upcoming launch of two new programs to be funded by a US$1 million grant from the PepsiCo Foundation – the philanthropic arm of PepsiCo globally.  Given Pakistan’s need for clean and safe water for its citizens, PepsiCo Foundation’s grant will make safe drinking water accessible to thousands of people through the rehabilitation and installation of reverse osmosis plants.   This builds on the company’s strong record of water conservation in its locally-grown potato crops and in its snacks and beverage operations nationwide. The PepsiCo Foundation and PepsiCo Pakistan also recognize the need to support the country’s burgeoning young population.  Mr. Spanos shared with the Prime Minister the company’s plan to launch a youth skills development and leadership program that will equip the next generation to be workforce-ready and to attain meaningful employment. “Pakistan is an important market for PepsiCo AMENA. It is a country with a young and growing population, and the people of Pakistan are its greatest asset. We are proud of our 50 years of history in the country.  We have grown by taking a long-term view, making investments that respond to changing societal needs.  We strive to be a development partner with Pakistan.  We thank Prime Minister Khan for his leadership, and hope that our PepsiCo Foundation support can make a real difference in the lives of many citizens,” said Mr. Spanos.

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PepsiCo volunteers establish computer lab for girls school


  Lahore; 11 October 2018: PepsiCo celebrated International Day of the Girl Child by establishing the first-ever computer lab for the students at the Care Foundation-adopted Government Girls Elementary School, located in Nawabpura, Lahore. In line with this year’s theme for the International Day of the Girl Child, “With Her: A Skilled GirlForce”, the lab will help 250 girls studying at the school learn essential computer skills. The initiative was led by a group of volunteers from the Information Technology Department of PepsiCo Pakistan. “To be able to physically setup this lab, thinking that the bright young minds of the future will benefit from this, has been a very special experience for me” said Muhammad Adil, one of the lead volunteers on the initiative. PepsiCo is focused on delivering sustainable long-term growth while leaving a positive imprint on society and the environment – a principle known as Performance with Purpose. The company’s focus includes transforming their portfolio and offering healthier options while making the food system more sustainable and communities more prosperous. One of the goals under the Performance with Purpose agenda of PepsiCo is to support initiatives that will benefit at least 12.5 million women and girls around the world, by 2025.

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PepsiCo Launches Third Edition of Change the Game Challenge


  Lahore; 10 October 2018: The Change the Game Challenge, launched by PepsiCo for the first time in 2016, is back. The goal of the competition is to harness ideas from youth on how to solve real business issues. For this year’s Change the Game Challenge, participants are being asked to address the business challenge of managing plastic waste and eliminating plastic in production. Registration for Change the Game Challenge 2018 is open from 10-24 October 2018. Top 5 runner-up teams from the competition will form part of the potential pool for PepsiCo Pakistan’s Management Trainee Program (an accelerated career development platform for recent graduates) as well as the Summer Internship Program for 2019, bypassing all the hiring processes (excluding interviews). The top 2 winning teams will win a grant of USD 100,000 to bring their ideas to life. Finally, the winning team will secure a permanent job offer from PepsiCo, with an added International job experience for 12 months in the Asia, Middle East and North Africa (AMENA) sector offices in Dubai. In case the winners have more than one year to graduate, the award will be a 2 months paid Internship within the AMENA offices. Furqan Ahmed Syed, Vice President and General Manager for PepsiCo Pakistan, said: “The Change the Game Challenge reflects our commitment to sustainability and solving global problems, at a local level. It is also a competition about harnessing the creative potential of our youth to solve critical environmental issues. We look forward to the solutions they propose.” The Change the Game Competition targets 3rd and 4th year Undergraduate students as well as Graduates with a maximum of 2 years’ work experience. Candidates must have a Business or Engineering background. The participants in this competition will have access to educational and informative sessions delivered by PepsiCo professionals, providing them with an unprecedented insight into the workings of the company, and imparting knowledge that they can then transfer to their future careers. Potential candidates are also being scouted through a series of campus drives that will take place in Karachi, Lahore and Islamabad. For registrations and more information on the Change the Game Challenge, visit www.pepsicochangethegame.com.

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PepsiCo Foundation announces $100,000 grant to WFP Pakistan


Islamabad; August 3rd, 2018 – Ahead of  the start of the academic school year, the PepsiCo Foundation has announced a USD 100,000 grant to the United Nations World Food Programme (WFP; the world’s largest humanitarian agency fighting hunger worldwide). This contribution to the WFP will help deliver 400,000 nourishing meals to underserved adolescent female students in the newly-merged districts of Khyber Pakhtunkhwa province. The grant was awarded as a result of Ready, Step, Move…Give!, a step-challenge program created by Healthy Living, PepsiCo’s employee well-being program, and the PepsiCo Foundation, to encourage employees to get moving and focus on their well-being, while giving back to help feed children in need. The newly-merged districts of Khyber Pakhtunkhwa province consist of areas where there are low levels of female literacy; most girls of high school age are not in school. This collaboration between the PepsiCo Foundation and WFP will encourage girls to continue their study to secondary level, and help keep them in school. “In many parts of Pakistan, children go to school hungry, unprepared to learn and unable to focus.  We are honored to partner with the United Nations World Food Programme to help keep adolescent girls in school,” said Furqan Ahmed Syed, Vice President and General Manager, PepsiCo Pakistan and Afghanistan. “We know the critical role that nutrition plays in a student’s overall performance and we are proud of the passion that PepsiCo employees brought to Ready, Step, Move…Give! to improve their own wellbeing and  help female students succeed by providing a healthy addition to their school day.” Ready, Step, Move…Give! is part of PepsiCo’s Performance with Purpose initiative, a set of goals focused on delivering sustainable long-term growth while leaving a positive imprint on society and the environment. By 2025, PepsiCo has committed to provide access to at least 3 billion servings of nutritious foods and beverages, to underserved consumers and communities, through a variety of channels, and through programs supported by the PepsiCo Foundation. PepsiCo is making steady progress on this goal, and as of 2017, over half a billion servings have been made available.

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2017 Sustainability Report shows significant progress


Lahore; 16 July 2018: PepsiCo International released its 2017 Sustainability Report. The report outlines the progress the company has made towards its sustainability philosophy called ‘Performance with Purpose’. Performance with Purpose is PepsiCo’s vision to deliver top-tier financial performance by improving the products the company sells, operating responsibly to protect the planet and empowering people around the world. PepsiCo has taken steps, globally, to embed these goals in their business and has made significant progress towards achieving them. Most notably, in 2017, 27.5% of the company’s net revenue came from their Everyday Nutrition portfolio. Approximately 16 million people were provided access to safe water since 2006 and 6.4 million women and girls benefited in communities around the world near where the company works. In Pakistan, PepsiCo considers sustainability to be at the heart of its operations. PepsiCo Pakistan’s agriculture and operations teams helped conserve over 1 billion liters of water in 2017 through sustainable farming practices. This number is expected to double by the end of 2018. Similarly, wastewater and air emissions have consistently met stringent standards. The use of alternative energy will expand from the current capacity of 40 KW to 370 KW by the end of 2018. On the human development front, PepsiCo became the first multinational in Pakistan to sign the Women Empowerment Principles. At their snacks manufacturing facility, PepsiCo has increased front line female talent workforce by three fold. The company has also continued their mission of empowering young girls, by mentoring hundreds of female students at Care Foundation-adopted schools.

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PepsiCo and PCSIR sign MoU


Islamabad; 8 June 2018: In a ceremony held today, PepsiCo and the Pakistan Council of Scientific and Industrial Research (PCSIR) reiterated their commitment to ensure the highest quality for PepsiCo’s snack products. Both parties signed a Memorandum of Understanding (MoU), focusing on third party monitoring and testing of PepsiCo snacks products by PCSIR, including Lay’s, Cheetos and Kurkure. “PepsiCo is committed to the development, manufacture and distribution of safe and wholesome products that consistently meet or exceed consumer requirements and adhere to all applicable regulations,” said Furqan Ahmed Syed, Vice President and General Manager for PepsiCo Pakistan. “Our business success is built upon the trust consumers have in our products. We earn their trust by designing, manufacturing and distributing safe, high quality products that deliver high levels of customer satisfaction,” he said. “We are delighted to continue this multi-year engagement with PepsiCo,” said Dr. Shahzad Alam, Chairman, PCSIR. “This collaboration is in line with our goal of working more closely with industry, so that all stakeholders benefit. Moreover, PCSIR has witnessed first-hand the quality standards of PepsiCo snack products”. The agreement builds on an existing partnership PepsiCo has had with PCSIR since 2009, whereby the Council tests and assesses the safety of our snacks products, for which the potatoes and corn are 100% locally sourced from Pakistani farmers. Through their internationally-recognized testing protocols, PCSIR will ensure that PepsiCo snack products will be compliant to all local and international regulations on quality and food safety, so that consumers can enjoy these products with confidence from PepsiCo and PCSIR.

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PepsiCo commemorates World Environment Day


Lahore; 5 June 2018: PepsiCo commemorated World Environment Day at its snacks manufacturing facility, with an interactive session for staff, informative presentations by the United Nations Development Program (UNDP) and World Wildlife Fund (WWF) and an outdoor demonstration on reuse of organic waste. “World Environment Day allows us to reaffirm our commitment to Performance with Purpose, PepsiCo’s belief that its success is inextricably linked to the sustainability of the world around us,” said Mr. Syed Kazmi, Plant Manager for the snacks manufacturing facility. “We believe PepsiCo Pakistan has tremendous potential to deliver on Performance with Purpose goals of improving the products we sell, operating responsibly to protect the planet, and empowering people around the world.” PepsiCo’s snacks manufacturing facility, located on Sundar Industrial Estate, is a state-of-the-art plant where sustainability is a way of life. Several achievements have been made at the plant as a result of the alignment with our global Performance with Purpose philosophy. For example, wastewater and air emissions have consistently met stringent standards set by the Government of Punjab in its Punjab Environmental Quality Standards, along with a 25% decrease in water usage ratio since 2015. In addition to these steps, the use of alternative energy will expand from the current capacity of 40 KW to 370 KW by the end of 2018. PepsiCo has also committed to planting over 3,000 trees on the Sundar Industrial Estate.

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WWF-Pakistan and PepsiCo pledge to mitigate climate change


Lahore, 1 March 2018: Lahore, as well as other cities in Pakistan, are losing green spaces and natural ambience. We need to revisit our development schemes and address the environmental concerns arising as a result of this. This was stated by speakers during a tree plantation drive jointly organized by WWF-Pakistan and PepsiCo at Sundar Industrial Estate (SIE), Lahore. The drive is part of PepsiCo’s commitment to plant trees for environmental sustainability, and has been initiated as part of WWF’s Earth Hour which will be observed on 24 March 2018 across the world. WWF-Pakistan is supporting PepsiCo to fulfil its commitment of planting a total of 22,000 indigenous trees mainly in Changa Manga, while 2,000 will be planted by PepsiCo in other locations including SIE. The main purpose of the drive is to enhance health, improve air quality and mitigate the adverse impacts of climate change. It was shared that the lack of green belts and increased concrete cover has led to elevated temperatures in cities. Furthermore, new developmental projects and housing colonies are threatening the existence of greenery and the subsequent cutting of trees not only escalates greenhouse gas (GHGs) emissions but increases temperature and vulnerability to extreme weather events. It also has adverse impacts on groundwater recharge. During the ceremony, Furqan Ahmed Syed, General Manager and Vice President of PepsiCo Pakistan, said, “Today’s event is rooted in our governing philosophy of ‘Performance with Purpose’ - our commitment to making healthier products, protecting our planet and empowering our associates and the communities we serve.” Speaking on the occasion, Hammad Naqi Khan, Director General WWF-Pakistan said that according to NASA and the National Oceanic and Atmospheric Administration the year 2017 was among the three warmest years on record. “There is an urgent need to connect people to nature as part of our shared responsibility and sustainable future.  Pakistan has the highest annual deforestation rate in Asia and forests cover is less than 2.5 per cent of the total land. There is an urgent need to initiate massive plantation drives in and near metropolitan cities to reduce the adverse impacts of climate change.” He also shared that although Pakistan is not contributing much to climate change it ranks among the top ten most vulnerable countries and is exposed to its adverse impacts such as extreme weather events, more persistent droughts, floods and heatwaves. He emphasized the need of public-private partnerships to promote the cause of the environment in the country. U.S. Consulate Lahore’s economic chief Ann Mason said that trees are essential to life on Earth, and provide vital ecosystem services like clean air, water, food, timber, medicine and many other benefits. To better protect the environment, she added, there is a need to value and conserve trees and forests that help reduce carbon emissions and provide livelihood opportunities to local communities.  Earth Hour started as a symbolic lights out event in Sydney in 2007, and has now grown to engage individuals, business and organizations in over 7,000 cities and more than 180 countries and territories during the hour and beyond. Earth Hour 2018 will be celebrated on Saturday, 24 March 2018 between 8:30 p.m. and 9:30 p.m. local time. As accelerating climate change and staggering biodiversity loss threaten the planet, the movement will bring together millions of people to connect to Earth and spark never-before conversations on climate change and the loss of nature around them, undeniably the need of the hour. As the staggering decline in biodiversity threatens climate action and sustainable development globally, Earth Hour 2018 focuses on shining a light on the accelerating biodiversity loss on our planet. The movement invites hundreds of millions of WWF supporters and global networks to ‘spark’ urgent conversations on loss of nature around them. This year WWF-Pakistan is focuses its efforts on real goals to combat climate change by urging the government, private sector and individuals to plant indigenous trees. So far the organization will plant close to 45,000 saplings, out of which 22,000 are part of PepsiCo’s commitment.

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PepsiCo celebrates 25 year partnership with MCR Group


Karachi; 31 January 2018: PepsiCo and the MCR Group celebrated their 25 year partnership at an event. Senior leadership from both entities was present at the event, where a 5 year extension in the partnership was also announced. MCR Group is the master franchise operator for Pizza Hut, Burger King and TGIF restaurants in Pakistan. “I congratulate the PepsiCo Pakistan family and the MCR Group on this landmark occasion”, said PepsiCo CEO for the Asia, Middle East and North Africa sector, Mr. Mike Spanos. “This silver jubilee is a celebration of the achievements made thus far, and presents us with tremendous opportunities for the future”, said Mr. Furqan Ahmed Syed, VP and GM for PepsiCo Pakistan. “We are pleased to extend our long association with PepsiCo. We, and our customers, greatly enjoyed this partnership”, said Mr. Aqueel Hassan, Chairman and CEO, MCR Group.

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