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State the Company you have selected, state the SECTOR of your company and name at least two other companies in the same sector that you may use in your evaluation of performance in your chosen company. Please ensure that all Company names are accurate, for example, with a multinational such as Coca Cola, you should use the Coca Cola Company, not a subsidiary as the most recent reports across the business are held on the company site, not the UK site. Provide Website addresses for all Companies you list in t

Category: Corporate Governance Paper Type: Online Exam | Quiz | Test Reference: APA Words: 1700

PepsiCo Inc. is a leading company for beverages and soft drinks. The company works in the beverages sectors to produce various flavoured drinks and beverages for the targeted market. PepsiCo Inc. is the parent company of some subsidiaries including Frito-La and SodaStream. Some other companies working in the same market and industry sector are Coca Cola Company and Nestle.     

Question: 2

Provide brief information on your chosen Company’s position in External Ranking of Sustainability Performance. To start, see for example 

https://yearbook.robecosam.com/companies/

 but do look for other External Ranking systems for your chosen company. Ensure you explain ranking or awards for your company and cite the awarding body or organisation.

According to the external ranking regarding sustainability performance, PepsiCo Inc. is ranked as 45 in the beverages industry. PepsiCo Inc. is focused on sociability practices and strategies which indicate that in the future company would have a better rank in the world regarding sustainable performance and corporate social responsibilities (Yearbook.robecosam.com, 2019).

Question: 3 

State the aspect of either Social or Environmental Performance you are going to evaluate for your chosen company and provide evidence of at least two years of data on your chosen aspect. This could be in the form of tables from company reports or tables of your own table construction based on gathering data from company reports. Ensure you explain the sources of your data tables and cite the reports used which should then be listed in the reference list at the end of the Coursework.

PepsiCo sustainable development goals are to design packaging with 100% possibility of recycling and computability. Furthermore, PepsiCo is also concerned to increase the biodegradable packaging of beverages and other products for sustainability.

 

Goals

Accomplished

Details

 

2018

 

Energy Efficiency

18% Increased

Energy consumption in the production processes is reduced (Pepsico.com, 2018)

 

2018

 

Operational Water Use efficiency 

1.2 billion litres

The company reduced water consumption in the operations by 1.2 billion litres in 2018.

 

 

2018

 

Promotion of Woman to a higher level

23%

The company claimed in the sustainability report that the company had a promotion rate of around 23% in 2018.

 

 

 

2017 to 2018

 

Agricultural raw materials 

51%

To ensure a healthy and safe production company is now using more than 51% of materials directly purchased from farmers. Thus agricultural sourced raw material consumption improved from 24% (2017) to 51% (2018).

    According to the sustainable performance reports published in 2018, PepsiCo Inc. is improving its operations to ensure sustainable development. Statistics were based on the sustainable development goals of PepsiCo in 2017 and 2018.  Company’s policies regarding healthy and safe beverages are the reason for improving its -14sustainable performance rank in the world.       

Question: 4 

Find TWO academic sources to support your evaluation. These could either be academic sources on the Company OR on your chosen aspect of social or environmental sustainability. For each of your chosen sources, provide an annotation as follows:

·         Key Findings of the Source

According to the academic literature review on sustainability practices in the supply chain, companies need to have a focus on sustainable supply chain management system. A series of various decisions made at the corporate management level can ensure strategic sustainability. Research findings presented in the book show that companies having a sustainable supply chain earn better customer responses from the targeted markets. The chapter on sustainability concludes that sustainable supply chain is based on environmentally friendly processes including environment-friendly transportation of inventory and goods from production house or warehouses to the local or retail stores (Bouchery, Corbett, Fransoo, & Tan, 2016; Eccles, Ioannou, & Serafeim, 2014).  The supply chain includes product distribution strategies and warehouse inventory management system. The academic source of books is selected to support sustainable development practices by PepsiCo Inc.       

·         Role in Performance Evaluation  

The literature review findings are based on recent sustainable supply chain practices. We can use this research study to evaluate the sustainability of PepsiCo Inc. supply chain management system. According to the information presented by PepsiCo Company, the supply chain of PepsiCo Company is based on sustainable practices. Company is reducing its energy consumption in the inventory storage systems and transportation system. Carbon emission is reduced. Warehouse of PepsiCo Inc. is running on the renewable energy sources and recycling of water (Goulding, Goulding, & Pariante, 2012). Thus, conclusively it can be said that PepsiCo supply chain management practices can be evaluated and measured in the light of information extracted from the literature review to conclude at what extent the company is following sustainable practices. Somehow, recent analysis shows that the company is successfully working on the suggested practices to ensure sustainable development.     

Question: 5

Find TWO non-academic sources to support your evaluation. Ideally, try and find one source that supports positive views of your company performance and another source that is more critical of your company performance (either in your chosen sustainability aspect or more generally on sustainability performance). Provide a brief annotation for these two sources:

Non-Academic Source

·         Key Findings of the Source

According to the review and analysis of this source, sustainability is essential for beverages selling companies to remain competitive in the market. Findings show that companies are required to ensure the incorporation of sustainable development goals in daily business operations. For instance, the focus on sustainable development goals and practices should be on workforce inequality, energy consumption, water use, and climate change. Furthermore, companies are required to reduce investment in the water resources as companies need to use the optimal level of water resources in the production of beverages and drinks.  In these non-academic sources, it is clearly mentioned that most of the beverages selling and manufacturing companies are unable to meet realistic goals for sustainable development. Information extracted from this source is critical for the evaluation of PepsiCo Inc. operations in the beverages industry (lexicon.ft.com, 2018; Niras.com, 2019).           

·         Role in Performance Evaluation

This information will be used to evaluate the performance of PepsiCo Inc. regarding sustainability. To evaluate organizational performance we will use the company's data presented in the sustainability reports published by the company in 2017 and 2018 (the most recent reports). Analysis and evaluation conclude that PepsiCo Inc. is still unable to meet sustainable development goals discussed in the above-mentioned source. PepsiCo Inc. needs to have improved practices for water consumption and energy consumption. Additionally, the source can be used to evaluate sustainability practices for wastewater treatment in the company. Company is using water resources with limited efficiency that also indicate that the company need to have an improvement for wastewater handling systems. Thus, the above discussed non-academic source can be used for the critical evaluation and measurement of sustainable development practices in overall business operations. 

Search Terms with explanation

Nowadays, sustainability is the prime objective of organizations. Companies are concerned with green production practices and sustainable business operations to build a positive reputation in the market and reduce the cost of operations. A commonly used strategy to promote sustainability is a social media campaign. Social media campaigns including tag campaigns at Facebook and twitter hashtag campaign enable organizations to raise voice for sustainability. In the presented below table, some hashtag campaigns are discussed. In this table, the first search can be found as #goGREEN campaign which is supported by 100 tweets and hundreds of retweets. #goGREEN campaign has also twitter synonyms and related hashtags which are #greenlogistics, and #greeenpdx.        

Attempt

Twitter Search term

Twitter Synonyms and related hashtags found

TAGs search terms and results

1

#goGREEN

#GREENPak

#GREENPDX

#GREENlogistics

Total tweet with #goGREEN hashtag is 100. Most of these are on 26/10/2019.

2

 #GREENproduction

#Sustainable Production

Total 64 tweets on twitter during 17/10/2019 to 26/10/2019.

3

#sustainableproduction

 

Total of 26 tweets and 17 contributors (Trackmyhashtag.com, 2019). Most recent is dated as 18/10/2019 to 26/10/2019.

However, a number of accounts were also found with this campaign name that shows that some people are promoting the concept of green manufacturing and green organizational practices for the safety of our environment.  The second search was #Greenproduction.  #Greenproduction had twitter synonym and related hashtag such as #sustainableproduction. According to analytics, from 17 October 2019 to 26 October 2019 total 64 times #Greenproduction is used in the tweets and retweets. Finally, the third search was about #sustainableproduction. Results of search indicate that #sustainableproduction is the least commonly used (as compared to the hashtags discussed in first and second searches) hashtag by twitter accounts in tweets and retweets. According to the results of information available from 18 October 2019 to 26 October 2019, #sustainableproduction is only used 26 times in tweets and retweets. The analysis shows that private organizations and individuals are involved in the hashtag campaign of #gogreen. However, #sustainableproduction is mainly supported by organizational sectors.    

References of Sustainable Development 

Bouchery, Y., Corbett, C. J., Fransoo, J. C., & Tan, T. (2016). Sustainable Supply Chains: A Research-Based Textbook on Operations and Strategy. Springer.

Goulding, C. R., Goulding, C. G., & Pariante, J. (2012). The Tax Aspects of the PepsiCo Sustainability Supply Chain. Corp. Bus. Tax'n Monthly, 14, 1-15.

Niras.com. (2019). Sustainable Development Goals in Practice. Retrieved from www.niras.com: https://www.niras.com/insight/sustainable-development-goals-in-practice/

Pepsico.com. (2018). SUSTAINABLE FOOD SYSTEM. Retrieved from www.pepsico.com: https://www.pepsico.com/docs/album/sustainability-report/2018-csr/pepsico_2018_csr.pdf?sfvrsn=b23814c0_6

Trackmyhashtag.com. (2019). Twitter Analytics for #sustainableproduction. Retrieved from www.trackmyhashtag.com: https://www.trackmyhashtag.com/preview/overview?_token=nqEo1xllnDmY8IYhuwuskN1lsDXFsUvPtkcpHBzD&req_url=https%3A%2F%2Fwww.trackmyhashtag.com&search_keyword=%23sustainableproduction

Yearbook.robecosam.com. (2019). Companies. Retrieved from Yearbook.robecosam.com: https://yearbook.robecosam.com/companies/

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