Head Topics

PepsiCo South Africa's Commitment to Corporate Citizenship and Sustainable Development

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 32 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 77%

Business News

Pepsico,South Africa,Acquisition

The acquisition of Pioneer Foods in March 2020 by PepsiCo Inc was a strong financial commitment to unlocking socio-economic and local value chain benefits for South Africa. Since being appointed CEO of PepsiCo South Africa in May this year, I have become even more acutely aware of the significance of this commitment in tackling the key opportunities and hurdles we face as a business operating in our amazing yet often challenged country. But this commitment is not merely financial; it also speaks to the vital role of corporate citizenship and driving sustainable development, both of which form fundamental pillars of our corporate strategy. This can only be impactful through a deep understanding of the environment we operate in and some of the unique challenges we face in South Africa. Our corporate citizenship initiatives, therefore, focus on issues such as food security, nutrition, access to water and agricultural development, which not only impact the livelihoods and well-being of the communities we operate in but also the sustainability of our business

The acquisition of Pioneer Foods in March 2020 by PepsiCo Inc was a strong financial commitment to unlocking socio-economic and local value chain benefits for South Africa . Since being appointed CEO of PepsiCo South Africa in May this year, I have become even more acutely aware of the significance of this commitment in tackling the key opportunities and hurdles we face as a business operating in our amazing yet often challenged country.

But this commitment is not merely financial; it also speaks to the vital role of corporate citizenship and driving sustainable development, both of which form fundamental pillars of our corporate strategy. This can only be impactful through a deep understanding of the environment we operate in and some of the unique challenges we face in South Africa. Our corporate citizenship initiatives, therefore, focus on issues such as food security, nutrition, access to water and agricultural development, which not only impact the livelihoods and well-being of the communities we operate in but also the sustainability of our busines

Source: News Formal (newsformal.com)

Pepsico South Africa Acquisition Pioneer Foods Corporate Citizenship Sustainable Development Socio-Economic Local Value Chain Business Challenges Food Security Nutrition Water Access Agricultural Development

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa Fact of the Day: South Africa has Africa’s richest companiesAfrica Fact of the Day features the most wonderful and weird facts about the history and culture of the African Continent.
Source: TheSAnews - 🏆 25. / 59 Read more »

South Africa: How the Presidency Aims to Fix South Africa's Collapsing Logistics SectorAnalysis - Amid a new sense of urgency over a R500bn loss to the economy, the Cabinet will soon be shown a plan to increase private sector involvement in SA's railways and ports.
Source: allafrica - 🏆 1. / 99 Read more »

South Africa: Rugby World Cup Final - South Africa Progress Faces Huge TestSouth Africa taking on New Zealand is the final die-hard rugby fans were hoping for. Rucks and mauls aside, the Springboks have tackled bigger demons since the sides met in the 1995 final.
Source: allafrica - 🏆 1. / 99 Read more »

South Africa: World Bank Development Loan to Bring Change to Coal-Dependent South Africa?The World Bank Board has announced  in a press release that a U.S.$1 billion Development Policy Loan (DPL) has been offered to support the government's efforts to promote long-term energy security and a low carbon transition.
Source: allafrica - 🏆 1. / 99 Read more »

South Africa: Iran's President Is Visiting South AfricaIranian President Ebrahim Raisi has already visited Kenya, Uganda and Zimbabwe to diversify the country's international relations. Tehran considers South Africa a potential strategic partner and is seeking close ties.
Source: allafrica - 🏆 1. / 99 Read more »

South Africa: Housing in South Africa - How Have We Done Since 1994?We've made progress but the quality of the data is poor, especially the latest census
Source: allafrica - 🏆 1. / 99 Read more »