PepsiCo : Foundation Gives $2 Millon To Help Communities In Mexico City And Puerto Rico Recover And Rebuild

PURCHASE, N.Y., Sept. 22, 2017/PRNewswire/ -- The PepsiCo Foundation today announced it will provide $2 millionin grants to help communities in Mexico City, Puerto Ricoand the Caribbeanimpacted by natural disasters over the past week. These grants are:

• $1,000,0000to the American Red Cross for recovery from the earthquake in Mexico Cityand for relief efforts in Puerto Ricoand the Caribbeanafter Hurricane Maria.
• $1,000,000to the Pan American Development Foundation to rebuild greater disaster-resilient communities in the Mexico Cityarea and Puerto Rico.

'PepsiCo is committed to supporting our communities in a time of need. Over the past week, we've offered that support once more, working closely with relief organizations in Mexico, the Caribbeanand the United Statesto help communities devastated by recent natural disasters,' said Indra K. Nooyi, Chairman and CEO of PepsiCo. 'We stand with the people of Mexico City, Puerto Ricoand the Caribbeanas they begin the work of recovering and rebuilding.'

'The PepsiCo Foundation's support for Red Cross disaster relief efforts over the past month has been truly extraordinary. The PepsiCo Foundation was among the first to step forward with support in response to Hurricane Harvey. Then Hurricane Irma and the most recent Mexicoearthquake. Now the Foundation is once again stepping forward in support of Hurricane Maria and the devastating Mexico Cityearthquake,' said Don Herring, Chief Development Officer, American Red Cross. 'We know that PepsiCo employees and their family members have been directly impacted by these events, so to step forward in such a remarkable and meaningful way at a time when the company is taking care of its own is truly extraordinary. Our gratitude cannot be expressed in words.'

'Our closest friends and neighbors in the Caribbeanand Mexicoare confronting some of the most tragic natural disasters in the history of our hemisphere. We must all respond to support their efforts to rebuild more resilient communities after such widespread destruction and suffering,' said John Sanbrailo, Executive Director, Pan American Development Foundation.

Together with these contributions, PepsiCo and The PepsiCo Foundation have contributed more than $6.5 millionfor disaster relief over the past month.

In addition during the preceding month, PepsiCo has provided essential products to people in impacted communities. PepsiCo Mexico and its bottler partner Gepp have donated more than 7,000 liters of water to the Mexico Citycommunity. Previously, they donated 31 tons of products from its food portfolio and more than 12,000 liters of waters to communities affected by the earthquake in Southern Mexico. In the U.S., the company has donated more than 107,500 cases of Aquafina purified drinking water, Propel, Gatorade and Tropicana, as well as four dozen pallets of Frito-Lay products. Together with its bottler partner, Cerveceria Nacional Dominicana, PepsiCo also provided 300,000 liters of water to the Dominican Republic, British Virgin Islands, Turks and Caicos, Tortola and St. Maarten.

About PepsiCo
PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated approximately $63 billionin net revenue in 2016, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billioneach in estimated annual retail sales.

At the heart of PepsiCo is Performance with Purpose - our fundamental belief that the success of our company is inextricably linked to the sustainability of the world around us. We believe that making more nutritious foods and beverages, limiting our footprint on the planet, and empowering people and the communities we serve is what enables PepsiCo to run a successful global company that creates long-term value for society and our shareholders. For more information, visit www.pepsico.com.

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About PepsiCo Foundation
Established in 1962, the PepsiCo Foundation works with non-profit partners to develop innovative, sustainable solutions that address challenges in underserved communities around the world. The Foundation, along with PepsiCo and its employees, seeks to catalyze efforts that advance our Performance with Purpose 2025 goals related to increasing access to nutritious servings, providing access to safe water, partnering to increase recycling rates and enabling young women to progress through school and be successful in the workforce.

The PepsiCo Foundation has a long-standing history of working with relief partners to help communities that have suffered as a result of natural disaster. From hurricanes in the United States, to typhoons in the Philippines, and earthquakes in Nepal, Japanand China, PepsiCo and the PepsiCo Foundation partner with various agencies to provide necessary support.

For more information, please visit: www.pepsico.com/Purpose/Global-Citizenship

SOURCE PepsiCo Foundation