PepsiCo Foundation and United Nations World Food Programme Announce Partnership to Enhance Humanitarian Relief Delivery Around the World

PURCHASE, N.Y., June 16, 2009 — The PepsiCo Foundation and United Nations World Food Programme (WFP), the world's largest humanitarian agency which fights hunger worldwide, today announced a strategic partnership aimed at enhancing the ability of WFP to deliver food and relief to the most vulnerable communities around the globe.

The PepsiCo Foundation has committed $2.2 million for a program that brings together global logistics experts from PepsiCo to help strengthen WFP's response to growing hunger needs brought on by high food prices and the financial crisis, as well as improve its operating efficiency and response time in crisis situations.

"This partnership is a prime example of how the private and public sectors can come together to combat a problem that touches people all over the planet: global hunger," said Monica Marshall, WFP's Head of Global Private Partnerships. "By allowing WFP to tap into their knowledge, expertise and resources in the field of logistics, PepsiCo is helping WFP deliver the right food at the right time to the people who need it most. That means strengthening WFP as an institution -- and it means saving lives. That kind of support is priceless."

Propelled by last year's global food crisis, WFP estimates that nearly 1 billion people worldwide are going hungry today. WFP and PepsiCo logistics experts, including PepsiCo retirees who are part of the PepsiCo Foundation Service Corps, will share best practices, collaboration tools, performance dashboards and training frameworks to improve food delivery. All of the operating efficiencies gained by WFP will be re-applied to meet the needs of the disadvantaged communities WFP serves.

"Today's world calls for a new strategic philanthropy," said Indra Nooyi, PepsiCo CEO and chair of the PepsiCo Foundation. "We must think creatively about how to leverage all of our assets to support our philanthropic partners. By sharing our supply chain and technology expertise with WFP, we are enabling them to bring more relief to more people in less time. Systemic changes such as these will lead to further progress toward the Millennium Development Goals, which include improving hunger, malnutrition and health conditions in the developing world by the year 2015."