August 19 2020
PEPSI JUST GAVE BLM A HUNDRED MILLION DOLLARS...BOYCOTT PEPSI !!................................
PepsiCo CEO: ‘Black Lives Matter, to our company and to me.’ What the food and beverage giant will do next
READ EXERPTS BELOW
Expanding our Black managerial population by 30% by 2025 through internal development and recruitment—we will add more than 250 Black associates to managerial roles by 2025, including adding a minimum of 100 Black associates to our executive ranks. While 14% of our U.S. workforce is Black, we know we need to increase representation in leadership.
Establishing scholarship support for students transitioning from two-year to four-year programs and scaling our existing efforts to support trade/certificate and academic two-year degrees education through community colleges for 400 Black students per year—these funds will also provide wraparound support, including money for books, transportation, housing, and more.
Accelerating our support for social programs that impact Black communities, including delivering $6.5 million in community impact grants to address systemic issues;
Investing $5 million to launch a Community Leader Fellowship program for Black nonprofit CEOs.
When it comes to our communities, we’re working to drive long-term change by addressing systemic barriers to economic opportunity, investing an incremental $20 million over five years. That means broadly increasing our efforts to create opportunity and advance economic empowerment for Black Americans