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PEPSICO EXPANDS EFFORTS TO ADDRESS GLOBAL FOOD INSECURITY, ISSUES CALL TO ACTION TO COLLABORATIVELY WORK TOWARDS LONG-TERM SOLUTIONS

PEPSICO EXPANDS EFFORTS TO ADDRESS GLOBAL FOOD INSECURITY, ISSUES CALL TO ACTION TO COLLABORATIVELY WORK TOWARDS LONG-TERM SOLUTIONS

Initiative is latest step toward the business and Foundation’s goal to advance food security across the globe through its Food for Good program

Building on its investments, three new efforts aim to inspire communities to take action

In response to the growing hunger crisis, PepsiCo and the PepsiCo Foundation, the philanthropic arm of PepsiCo, announced an expansion of its holistic efforts to advance food security. Through its global Food for Good initiatives, the Foundation is doubling down on efforts to increase equitable access to nutritious food by increasing its own investments as well as offering three new ways to engage people in fighting hunger.

Today, 345 million people globally face severe hunger. That number is expected to grow as climate change, the COVID-19 pandemic, and global conflict continue to ravage our global food system.

Partnering to address the hunger crisis, now and tomorrow

Building on more than a decade of partnering with communities to advance food security through collaboration, PepsiCo Food for Good has committed more than $35 million since 2021 alone to increase access to nutritious food and increase productivity and incomes of small-scale farmers. This year, it’s directing investments to interventions that have shown can build long-term solutions while it continues to address immediate hunger needs.

In addition, PepsiCo is inviting corporations, organizations and community members to take action on global hunger.

“As one of the largest convenient food companies in the world, PepsiCo plays a critical role in leveraging our resources and capabilities to create and inspire local impact on hunger,” said C.D. Glin, Vice President, PepsiCo Foundation and Global Head of Philanthropy, PepsiCo. “We’re answering the call to address escalating global food insecurity and we plan to continue with our significant investments. But to make a meaningful impact, everyone with a role to play in our global food systems must be a part of the solution to address the immediate need and work on approaches to prevent us from landing in this place of crisis again.”

Inviting people to be part of the solution

PepsiCo Food for Good is launching three ways for people to learn more about the worsening state of global food insecurity and be a part of the solution:

To learn more, listen to the podcast, see the videos, and purchase the tote, visit JoinFoodforGood.com.

“The fight against hunger is an issue that knows no borders. In the last few years, we’ve seen an already overwhelming global issue exacerbated further. Often people aren’t sure where to begin or how to make a difference, which was my inspiration for founding FEED in 2007,” said Lauren Bush Lauren, Founder of FEED. “That’s why our collaboration with PepsiCo Food for Good is so important. We’re inviting consumers to join us in the fight to end childhood hunger in a way that is tangible, by purchasing and carrying a tote that gives back and allows them to be ambassadors for the cause when they carry it.”

This work is part of the company’s pep+ (PepsiCo Positive) strategic end-to-end transformation to inspire positive change for the planet and people. PepsiCo and the PepsiCo Foundation also are participating in the Zero Hunger Private Sector Pledge, aiming to invest $100 million in positive agriculture and food security initiatives by 2030 to help minimize waste and ensure a more resilient food supply.

In response to the growing hunger crisis, PepsiCo and the Foundation announced in 2021 Food for Good’s expansion to 28 countries worldwide with a goal to provide access to nutritious food to 50 million people by 2030 (against a 2021 baseline). Through Food for Good, PepsiCo has delivered more than 245 million meals since 2009, reached 41 million people across the world since 2016, and has partnered with more than 60 nonprofits across 28 countries to ensure the company is implementing local solutions that meet the unique challenges of each community.

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