US Secretary of State gives award for corporate excellence to PepsiCo
On November 1, 2019, the US Secretary of State Mike Pompeo gave the prestigious Award for Corporate Excellence (ACE) to PepsiCo India for its efforts to save more than 17 billion litres of water through community water programmes and positively impacting thousands of community members. PepsiCo India has been named as global ACE Winner in Sustainable Operations in the Multinational Enterprise category for its sustainable farming initiative in India. The award recognizes the company’s efforts to save more than 17 billion litres of water through its community water programmes and replenishing over five billion litres of water, positively impacting 60,000 community members. Established in 1999, the ACE honours US companies that promote and uphold high standards as responsible members of their communities where they do business. Together, these companies exemplify some of the most promising and innovative business ideas of the 21st century: that profitability and sustainability are not mutually exclusive, and that sustainability can drive prosperity in the modern economy. The 2019 ACE categories are Sustainable Operations and Women’s Economic Empowerment.