Mission Statement, Vision, & Core Values of PepsiCo, Inc. (PEP)

Ever wonder what drives a global powerhouse like PepsiCo, with its impressive $91.85 billion in revenue for 2024?

It all starts with a clear sense of purpose. What exactly is PepsiCo trying to achieve, and what values guide their actions? How do these principles translate into their day-to-day operations and long-term goals?

Dive in to explore the mission statement, vision, and core values that shape PepsiCo's strategy and culture, and discover how they aim to 'create more smiles with every sip and every bite.'

PepsiCo, Inc. (PEP) An Overview of

traces its origins back to 1898, when Caleb Bradham, a pharmacist in New Bern, North Carolina, concocted a drink he named 'Pepsi-Cola.' Over the decades, it evolved from a regional beverage into a global food and beverage powerhouse. Today, the company boasts a diverse portfolio that extends far beyond its namesake soda. Its offerings include a wide array of snacks and beverages, such as Lay's, Doritos, Gatorade, and Tropicana. With a presence in over 200 countries and territories, the company has become a ubiquitous presence in the global consumer landscape.

As of April 2025, the company continues to generate substantial sales worldwide. While specific, real-time sales figures for April 2025 are not available, the company's consistent financial performance suggests a strong market presence. For more detailed insights into the company's financials and investor information, you might find this resource helpful: Exploring PepsiCo, Inc. (PEP) Investor Profile: Who’s Buying and Why?

In the fiscal year 2024, the company demonstrated robust financial health. The company reported a revenue of $91.47 billion. Key highlights from the 2024 financial results include:

• Net Revenue: Reported at $91.47 billion.
• Net Income: Stood at $9.136 billion.
• Earnings Per Share (EPS): Reached $6.61.

The company's financial achievements in 2024 reflect its strong market position and effective strategies. These figures underscore the company's ability to maintain growth and profitability in a competitive industry.

As a leader in the food and beverage industry, the company's success is rooted in several factors, including its diverse product portfolio, global reach, and effective marketing strategies. To delve deeper into understanding what makes the company a leading company, continue reading below.

PepsiCo, Inc. (PEP) Mission Statement

PepsiCo, Inc., a global leader in the food and beverage industry with a history dating back to 1965, guides its operations and long-term objectives through a clearly defined mission statement. With its headquarters in Purchase, New York, the company's mission is 'Create more smiles with every sip and every bite.' This statement reflects PepsiCo's dedication to bringing joy to consumers through its diverse range of products. PepsiCo operates in over 200 countries and territories worldwide.

PepsiCo's mission statement highlights several core components:

• Creating More Smiles: This signifies the company's aim to positively impact consumers' lives through its products, associates, communities, and shareholders. This emphasis on creating smiles extends to the company’s corporate social responsibility and stakeholder management.
• Beverage and Food Products: The mission encompasses both beverage and food products, indicating PepsiCo's broad portfolio, which includes well-known brands like Pepsi, Frito-Lay, Gatorade and Tropicana.

The mission statement influences PepsiCo's business activities, its approach to product development, and its interactions with stakeholders. It serves as a foundation for the company's strategic direction and its efforts to adapt to global market trends. For instance, PepsiCo's commitment to innovation is evident in its substantial investment in research and development. In 2023, the company invested $4.5 billion in R&D, with $2.3 billion allocated to beverage innovation and $1.7 billion to snack product development.

The company recognizes its responsibility towards society and aims to create a positive influence through its operations. PepsiCo is committed to delivering sustained growth through empowered people acting responsibly and building trust.

PepsiCo's Vision Statement is “to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+).”

• Global Leadership.
• Beverages and convenient foods.
• Winning with pep+.

PepsiCo considers its long-term sustainability in this corporate vision statement by ensuring that the business mutually grows with suppliers, workers, and communities.

Explore more about PepsiCo's journey and values: PepsiCo, Inc. (PEP): History, Ownership, Mission, How It Works & Makes Money

Core Values of PepsiCo, Inc. (PEP)

PepsiCo's core values reflect its commitment to sustained growth, empowered people, and building trust. These values guide the company's decisions and shape its corporate culture.

PepsiCo is committed to delivering sustained growth through empowered people acting responsibly and building trust.

PepsiCo's core values include:

• Sustainability and Responsible Business Practices: PepsiCo is dedicated to reducing its environmental impact and promoting sustainable practices. The company targets 100% renewable electricity globally by 2030 and aims to reduce absolute greenhouse gas emissions by 40% by 2030.
• Diversity, Equity, and Inclusion: PepsiCo fosters a diverse and inclusive workplace where all employees have opportunities to grow and succeed.
• Innovation and Product Excellence: PepsiCo focuses on continuous innovation to create high-quality products that meet consumer needs.
• Community Engagement and Social Responsibility: PepsiCo actively engages with communities and supports initiatives that promote social well-being.
• Ethical Business Practices: PepsiCo conducts its business with the highest ethical standards, ensuring transparency and integrity in all its operations.

These core values are integral to PepsiCo's identity and play a crucial role in its long-term success.

PepsiCo expects its employees to be responsible and trustworthy. The company believes that these two core values are of the utmost importance leading to the growth of the company.

The company generated $91.4 billion in net revenue during 2023, with international markets contributing 35%.

PepsiCo’s commitment to sustainability is reflected in its comprehensive environmental strategy.

PepsiCo targets 4-6% organic revenue growth annually and maintains a diverse portfolio across 200+ countries.

Portfolio includes 23 billion-dollar brands.

Direct employment of 309,000 associates globally.

Operational presence in 200+ countries.

PepsiCo, Inc. (PEP) Vision Statement of

PepsiCo's mission is to create more smiles with every sip and every bite. Their vision reflects their belief that improving the future requires a commitment to sustainable business practices and responsiveness to the needs of consumers, communities, and our planet. Let's explore the key components of their vision and mission, supported by relevant data.

PepsiCo aims to create more smiles with every sip and every bite. This reflects the company's focus on consumer satisfaction and enjoyment through its products. PepsiCo's diverse portfolio includes brands like Lay’s, Doritos, Pepsi, Gatorade, and Quaker, each contributing to consumer happiness.

In the fiscal year 2024, PepsiCo reported net revenue of $91.47 billion, demonstrating its wide reach and impact on consumers globally. The company's ability to consistently deliver enjoyable products is evident in its financial performance and market presence.

PepsiCo is committed to sustainable business practices. This includes efforts to reduce environmental impact, promote responsible sourcing, and support communities. Some examples of PepsiCo's sustainability initiatives include:

• Investing in water conservation and replenishment projects.
• Reducing greenhouse gas emissions across its value chain.
• Promoting sustainable agriculture practices among its suppliers.

In 2023, PepsiCo issued a $1.25 billion green bond to fund various environmental sustainability projects. This demonstrates the company's commitment to integrating sustainability into its financial strategy and operations.

PepsiCo strives to be responsive to the needs of consumers, communities, and the planet. This involves understanding and addressing evolving consumer preferences, supporting local communities, and minimizing environmental impact. Examples of PepsiCo's responsiveness include:

• Developing healthier product options to meet changing consumer demands.
• Supporting community development programs through the PepsiCo Foundation.
• Implementing sustainable packaging solutions to reduce waste.

PepsiCo has set a goal to design 100% of its packaging to be recyclable, compostable, or biodegradable by 2025. This reflects the company's commitment to addressing environmental concerns and promoting a circular economy.

PepsiCo's core values include a commitment to ethical conduct, respect for diversity and inclusion, and a focus on innovation and continuous improvement. These values guide the company's actions and decisions, shaping its culture and relationships with stakeholders.

PepsiCo's dedication to diversity and inclusion is reflected in its workforce composition and initiatives. In 2024, women held 44% of management positions globally, and the company continues to invest in programs that promote gender equality and inclusion.

PepsiCo, Inc. (PEP) Core Values of

Company's core values are the fundamental beliefs upon which their business and brand are based. These values guide their actions, unify their employees, and are essential for defining their character. Company's core values are designed not only to produce premium financial results, but also to leave a positive imprint on society. Below is an exploration of these values, supported by examples and data where available.

Act with Integrity

Integrity at Company means more than just following the law. It's about doing the right thing, even when it's difficult. This commitment permeates every level of the organization and is crucial for building trust with consumers, partners, and employees. For example, in 2024, Company reinforced its ethics and compliance programs, ensuring that all employees understand and adhere to the highest standards of conduct. This includes comprehensive training sessions and clear reporting mechanisms for any potential violations. PepsiCo, Inc. (PEP): History, Ownership, Mission, How It Works & Makes Money

Demonstrating integrity also extends to environmental stewardship. Company has set ambitious goals to reduce its environmental impact, including:

• Reducing absolute greenhouse gas emissions by 75% for direct operations (Scope 1 and 2) and by 20% for its entire value chain (Scope 3) by 2030 (against a 2015 baseline).
• Striving to design 100% of packaging to be recyclable, compostable, or biodegradable by 2025.
• Reducing virgin plastic use by 20% by 2030.

These initiatives are not just about meeting regulatory requirements but reflect a genuine commitment to operating responsibly and sustainably.

Champion Inclusion

Company recognizes that a diverse and inclusive workforce is essential for innovation and success. Championing inclusion means creating an environment where everyone feels valued, respected, and has equal opportunities to grow. As of the end of 2024, Company's global workforce reflects a diverse range of backgrounds and experiences. Specific initiatives include:

• Employee Resource Groups (ERGs): These groups provide a platform for employees from diverse backgrounds to connect, share experiences, and support each other's professional development.
• Diversity and Inclusion Training: Mandatory training programs are in place to educate employees on unconscious bias, promoting a more inclusive workplace culture.
• Partnerships with Diversity Organizations: Company actively partners with organizations that support diversity and inclusion to attract and retain top talent from underrepresented groups.

The company's commitment to inclusion extends beyond its workforce. Company also focuses on supporting diverse suppliers and partners, contributing to economic empowerment in various communities. In 2024, Company reported spending over $1 billion with diverse suppliers, demonstrating its commitment to fostering economic inclusion.

Partner with Purpose

Partnering with purpose means working collaboratively with stakeholders to create shared value. This includes suppliers, customers, communities, and governments. Company understands that its success is closely tied to the well-being of the communities in which it operates. Examples of this value in action include:

• Sustainable Farming Program: Company works closely with farmers to promote sustainable agricultural practices, providing training and resources to improve crop yields while minimizing environmental impact. In 2024, this program supported over 40,000 farmers globally.
• Community Development Initiatives: Company invests in various community development projects, focusing on education, health, and environmental sustainability. For instance, Company has partnered with local organizations to provide access to clean water in water-stressed regions.
• Support for Small Businesses: Company provides support to small businesses through various programs, including access to capital and business development resources. This helps to create jobs and stimulate economic growth in local communities.

These partnerships are designed to create positive social and environmental outcomes while also supporting Company's long-term business objectives.

Thrive with Agility

In a rapidly changing world, agility is crucial for staying competitive and relevant. Thriving with agility means being adaptable, innovative, and responsive to changing market conditions. Company fosters a culture of innovation by:

• Investing in Research and Development: Company invests heavily in R&D to develop new products, improve existing ones, and explore innovative technologies. In 2024, Company's R&D expenditure was over $700 million.
• Encouraging Experimentation: Company encourages employees to experiment with new ideas and approaches, providing them with the resources and support they need to take risks and learn from their mistakes.
• Embracing Digital Transformation: Company is actively embracing digital technologies to improve its operations, enhance the customer experience, and drive growth. This includes investing in data analytics, artificial intelligence, and e-commerce platforms.

This focus on agility has enabled Company to successfully navigate challenges and capitalize on new opportunities, ensuring its continued success in a dynamic marketplace.