PRN: PepsiCo Foundation Pledges $1 Million Toward East Africa Famine Relief Efforts

 That's exactly what's happening in the Horn of Africa today, and millions of people need help," said Indra Nooyi, PepsiCo chairman and CEO and chairman of the PepsiCo Foundation.

Persone August
Luoghi Etiopia, Kenya, Somalia, New York, Save, Our
Organizzazioni International Rescue Committee, NYSE
Argomenti impresa, internet, software

16/ago/2011 19.39.57 PR Newswire Turismo Contatta l'autore

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PepsiCo Foundation Pledges $1 Million Toward East Africa Famine Relief Efforts

 
[16-August-2011]
 

PURCHASE, New York, August 16, 2011 /PRNewswire/ --


The PepsiCo Foundation announced today its commitment of $1 million to famine relief efforts in the Horn of Africa.

"Famine and drought have been called quiet crises, unfolding slowly and hitting society's most vulnerable particularly hard.  That's exactly what's happening in the Horn of Africa today, and millions of people need help," said Indra Nooyi, PepsiCo chairman and CEO and chairman of the PepsiCo Foundation.  "Help starts with the tireless work being done by humanitarian organizations through the region, which we're eager to support.  Their efforts will provide critical water and sanitation services and help alleviate hunger and malnutrition."

The $1 million contribution will help support the efforts of the International Rescue Committee, the World Food Programme, and Save the Children, three longtime PepsiCo Foundation partners with unique capabilities to provide relief to the affected areas.  Specifically, the money will support several identified areas of need, including:

  • $500,000 to the International Rescue Committee to provide access to safe water and sanitation services in Ethiopia and Kenya.
  • $250,000 to the World Food Programme for food distribution in East Africa.
  • $250,000 to Save the Children to provide nutrient-rich food for malnourished children in Somalia, Ethiopia and Kenya.

The PepsiCo Foundation will also double match all charitable contributions made by PepsiCo employees to Horn of Africa famine relief efforts through August 31. PepsiCo has approximately 300,000 employees worldwide.

The general public can contribute directly to the organizations above through the following websites:

International Rescue Committee

https://www.rescue.org/donate/drought_africa

World Food Programme

https://www.wfp.org/donate/hoa_pepsico

Save the Children

https://secure.savethechildren.org/site/c.8rKLIXMGIpI4E/b.6239017/k.569B/Child_Hunger_Crisis_Fund/apps/ka/sd/donor.asp

About the PepsiCo Foundation

Established in 1962, the PepsiCo Foundation is the philanthropic anchor of PepsiCo, responsible for providing charitable contributions to eligible non-profit organizations. The Foundation is committed to developing sustainable partnerships and programs in underserved regions that provide opportunities for improved health, environment and education. For more information, visit:  http://www.pepsico.com/Purpose/PepsiCo-Foundation.aspx.

About PepsiCo

PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands, including 19 different product lines that generate more than $1 billion in annual retail sales each. Our main businesses -- Quaker, Tropicana, Gatorade, Frito-Lay, and Pepsi Cola -- also make hundreds of other enjoyable foods and beverages that are respected household names throughout the world. With net revenues of approximately $60 billion, PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize our impact on the environment, including by conserving energy and water usage, and reducing packaging volume; to provid! e a great workplace for our associates; and to respect, support, and invest in the local communities where we operate. For more information, please visit http://www.pepsico.com.

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Company Codes: NYSE:PEP, Bloomberg:PEP@US, RICS:PEP.N
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