PepsiCo Commits $45 Million for COVID-19 Response Efforts

PepsiCo Commits $45 Million for COVID-19 Response Efforts

PepsiCo has announced commitments totaling more than $45 million in support of global efforts to address the needs of communities and populations impacted by COVID-19.

The initiative will support the purchase of personal protective equipment (PPE) for healthcare workers, expanded testing and screening, and the distribution of more than fifty million meals to at-risk populations. The company has committed $15.8 million of the total for efforts in North America, with a focus on ensuring access to nutrition for children in the U.S. who rely on low-cost or free school lunches, the purchase of protective gear for healthcare workers, testing and screening, and financial support for unemployed restaurant workers.

In Europe, commitments totaling $7.7 million will bolster the capacity of local health and safety-net systems in particularly hard-hit countries such as France, Italy, and Spain. In Latin America, commitments totaling $6.5 million will help communities and organizations prepare for an expected increase in COVID-19 cases by strengthening local food bank capabilities, while in Africa, the Middle East, and South Asia, the company will invest $7.2 million to scale meal distribution among the most food-insecure populations and support government-led programs in response to local needs.  

The company also pledged $3.3 million for efforts in China and the Asia Pacific region to address food insecurity among the most vulnerable populations and hard-to-reach rural communities in the Philippines, Thailand, Vietnam, and Australia. 

"This unprecedented crisis requires all hands on deck, and companies have a big role to play in directing critical resources to the most vulnerable," said PepsiCo chair and CEO Ramon Laguarta. "Food is at the heart of what PepsiCo does, and we believe the best way we can support communities during this difficult time is by leveraging our expertise and capabilities, along with help from our partners, to bring food to our neighbors who need it most. We're activating our global resources to do this now and provide other essential relief, and we will continue to do so as the world unites to tackle COVID-19."

(Photo credit: PepsiCo)