Our Core Values and Principles
Organizational Values
Our commitment is to deliver sustained growth, through empowered people, acting with responsibility and building trust.
Our Commitment
Our values reflect our aspirations - the kind of company we want PepsiCo to be. We express our values in the form of a commitment.
Our commitment is:
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Sustained Growth Sustained Growth is fundamental to motivating and measuring our success. Our quest for sustained growth stimulates innovation, places a value on results, and helps us understand whether today's actions will contribute to our future. It is about growth of people and company performance. It prioritizes making a difference and getting things done. |
Empowered People Empowered People means we have the freedom to act and think in ways that we feel will get the job done, while being consistent with the processes that ensure proper governance and being mindful of the rest of the company's needs. |
Responsibility & Trust Responsibility and Trust form the foundation for healthy growth. It's about earning the confidence that other people place in us as individuals and as a company. Our responsibility means we take personal and corporate ownership for all we do, to be good stewards of the resources entrusted to us. We build trust between ourselves and others by walking the talk and being committed to succeeding together |
Guiding Principles
This is how we carry out our commitment. We must always strive to:
- Care for customers, consumers and the world we live in.
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We are driven by an intense, competitive spirit in the marketplace, but we direct this spirit towards the solution that achieve a win for each of our constituents as well as a win for the corporation. Our success depends on a thorough understanding of our customers, consumers and communities. Caring means going the extra mile. Essentially, this is a spirit of growing rather than taking.
- Sell only products we can be proud of.
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The test of our standards is that we must be able to personally endorse our products without reservation and consume them ourselves. This principle extends to every part of the business, from the purchasing of ingredients to the point where our products reach the consumer's hands.
- Speak with truth and candor.
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We speak up, telling the whole picture, not just what is convenient to achieving individual goals. In addition to being clear, honest and accurate, we take responsibility to ensure our communications are understood.
- Balance short term and long term.
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We make decisions that hold both short-term and long-term risks and benefits in balance over time. Without this balance, we cannot achieve the goal of sustainable growth.
- Win with diversity and inclusion.
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We leverage a work environment that embraces people with diverse backgrounds, traits and different ways of thinking. This leads to innovation, the ability to identify new market opportunities, all of which helps develop new products and drives our ability to sustain our commitments to growth through empowered people.
- Respect others and succeed together.
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This company is built on individual excellence and personal accountability but no one can achieve our goals by acting alone. We need great people who also have the capability of working together, whether in structured teams or informal collaboration. Mutual success is absolutely dependent on treating everyone who touches the business with respect, inside and outside the company. A spirit of fun, our respect for others and the value we put on teamwork make us a company people enjoy being part of, and this enables us to deliver world-class performance.
Our Code of Conduct
Each year, every PepsiCo associate is asked to review PepsiCo's Worldwide Code of Conduct and recommit to living by it. Associates receive training in the Code, which is available in 38 languages. In 2005, PepsiCo took additional steps to ensure that key associates understood every aspect of the Code by developing online and written training and certification that all executives and associates are required to complete.
PepsiCo India also introduced a Speak Up line - a free hotline operated by a third party - which PepsiCo associates may call to report any issues of concern, including those relating to values, Code of Conduct and accounting and auditing issues. The line is accessible from anywhere around the world and callers remain anonymous.
Download Code of Conduct (PDF | 463 KB)
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