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[nd_div vertical_align="0" different_values="0" style_margin_bottom="60"] [row different_values="0" style_background_color="E5F6F9"] [col phone="12" tablet="12" desktop="5" wide="5" different_values="0" style_margin_right="0" extra_style="float:right;"] [nd_image fid="1547" different_values="0"] [/nd_image] [/col] [col phone="12" tablet="12" desktop="7" wide="7" different_values="0" style_padding_left="10%"] [nd_text_n_tooltip title_size="H1" first_text="Pepsi-Cola Products Philippines, Inc. (PCPPI) presents this 2020 Sustainability Report, WINNING TOGETHER, to show our progress while achieving our sustainability goals. This year, our company tried to keep on track with our sustainability journey while dealing with the effects of the global pandemic. WINNING TOGETHER demonstrates how PCPPI continues to up the ante and surpass its previous performance while seeking ways to create positive changes to its employees, partners, communities, and the environment." different_values="0" style_margin_left="auto" style_margin_right="auto" style_margin_top="10%;" style_margin_bottom="auto" extra_style="width: 80%;font-size: 1.4vw;font-weight: bolder;"] [/nd_text_n_tooltip] [nd_button button_type="border" block="0" display="circle" text="Download Report" link="https://pepsiphilippines.com/sites/default/files/pepsi_072420_3MB.pdf" invert="0" target="1" different_values="0" style_margin_left="auto;" style_margin_right="auto;" style_margin_top="5%;" style_margin_bottom="auto;" extra_style=" color: #EE1136; border: 2px solid #EE1136; font-size: 1.3vw; font-weight: 900; padding-left: 30px; padding-right: 30px;"] [/nd_button] [/col] [/row] [/nd_div] [nd_container style_margin_top="60" style_margin_bottom="60" different_values="0"] [row different_values="0"] [col phone="12" different_values="0" id="second-p" desktop="12" wide="12" tablet="12"] [html format="html" different_values="0" id="sustainable-xwork"]

SUSTAINABILITY
FRAMEWORK

[/html] [html format="html" different_values="0"]PCPPI’s Sustainability Framework provides the structure for our sustainability commitments.
With this guide, we are able to prioritize based on three sustainability pillars:
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Inclusive Business

Empower the communities where we operate to spur mutual, inclusive prosperity, and economic development

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Circular Economy

Embed circularity into our business by working to align our actions with circular economy principles

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Water Stewardship

Respect water as a fundamental right, promote integrated water management within local watersheds, and establish water solutions that meet local water needs

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United Nations Sustainable Development Goals (UN SDGs)

[/html] [html format="html" different_values="0"] Our sustainability initiatives and programs also support the following UN SDGs: [/html] [/col] [/row] [/nd_container] [row different_values="0" style_margin_top="5%;" extra_classes="image-list"] [col phone="6" different_values="0" extra_style="padding: 0 !important;" desktop="3" tablet="3"] [nd_image fid="1244" different_values="0"] [/nd_image] [/col] [col phone="6" different_values="0" extra_style="padding: 0 !important;" desktop="3" tablet="3"] [nd_image fid="1245" different_values="0"] [/nd_image] [/col] [col different_values="0" extra_style="padding: 0 !important;" desktop="3" tablet="3" phone="6"] [nd_image fid="1246" different_values="0"] [/nd_image] [/col] [col phone="6" different_values="0" extra_style="padding: 0 !important;" desktop="3" tablet="3"] [nd_image fid="1247" different_values="0"] [/nd_image] [/col] [col phone="6" different_values="0" extra_style="padding: 0 !important;" desktop="4" wide="4" tablet="4"] [nd_image fid="1249" different_values="0"] [/nd_image] [/col] [col phone="6" different_values="0" extra_style="padding: 0 !important;" desktop="4" wide="4" tablet="4"] [nd_image fid="1237" different_values="0"] [/nd_image] [/col] [col phone="12" different_values="0" extra_style="padding: 0 !important;" desktop="4" wide="4" tablet="4"] [nd_image fid="1242" different_values="0"] [/nd_image] [/col] [/row] [row different_values="0" style_margin_top="5%;"] [col phone="12" different_values="0" id="second-p"] [html phone="12" format="html" different_values="0" extra_style="width: 100%;" id="sustainable-xwork" text_align="center"]

COACHES’ WELCOME

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I believe we have navigated through these challenges with a sense of urgency and forethought, purpose and hope, pride and ambition.

 

OSCAR S. REYES

Chairman and Independent Director

[/html] [nd_button button_type="border" block="0" display="circle" text="READ FULL MESSAGE" link="annual-stockholders-meeting/chairman’s-message" invert="0" target="0" different_values="0" style_margin_top="3%;" extra_style=" color: #ee1133; border-color: #ee1133; font-size: 16px; padding: 7px 30px 7px 30px; font-weight: bolder;" extra_classes="colorbox-node"] [/nd_button] [/col] [col phone="10" desktop="6" different_values="0" text_align="center" extra_classes="col-xs-offset-1 col-md-offset-0"] [nd_image fid="1196" different_values="0" image_style="custom_550_x_550" align="center" style_margin_left="auto;" style_margin_right="auto;" style_margin_top="auto;" style_margin_bottom="auto;"] [/nd_image] [/col] [/row] [row different_values="0"] [col phone="10" desktop="6" different_values="0" text_align="center" extra_classes="col-xs-offset-1 col-md-offset-0"] [nd_image fid="1254" different_values="0" image_style="custom_550_x_550" align="center" style_margin_left="auto;" style_margin_right="auto;" style_margin_top="auto;" style_margin_bottom="auto;"] [/nd_image] [/col] [col phone="12" desktop="6" wide="6" different_values="0" style_padding_left="5%;" style_padding_right="5%;"] [nd_image different_values="0"] [/nd_image] [html format="nd_ckeditor" different_values="0"]

 

PCPPI had come out better after the COVID-19 onslaught and I am confident we are now poised to be bigger no matter what crisis comes.

FRED D. ONG

President and CEO

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Year in Play

[/html] [/col] [col phone="12" different_values="0" id="second-p" extra_style="padding: 0px 5%;"] [row different_values="0" extra_style="display: flex; flex-wrap: wrap;"] [col phone="12" desktop="4" different_values="0" style_margin_bottom="5%;"] [nd_div vertical_align="0" text_align="center" different_values="0" style_margin_bottom="5%;"] [nd_image fid="1279" different_values="0" image_style="product_70x70" align="center"] [/nd_image] [/nd_div] [html format="html" different_values="0" style_margin_left="7%;" style_margin_right="7%;" text_align="center"]In 2019, we launched 2 new SKUs (1.75 and 2.25mL) for more quantity options and added Gatorade Ion to the healthy beverage line. [/html] [/col] [col phone="12" desktop="4" different_values="0" style_margin_bottom="5%;"] [nd_div vertical_align="0" text_align="center" different_values="0" style_margin_bottom="5%;"] [nd_image fid="1279" different_values="0" image_style="product_70x70" align="center"] [/nd_image] [/nd_div] [html format="html" different_values="0" style_margin_left="7%;" style_margin_right="7%;" text_align="center"]Our “Gatorade Win as One” marketing campaign, led to a 2% growth in our financials, a turnaround from the double-digit decline we experienced in 2017.[/html] [/col] [col phone="12" desktop="4" different_values="0" style_margin_bottom="5%;"] [nd_div vertical_align="0" text_align="center" different_values="0" style_margin_bottom="5%;"] [nd_image fid="1279" different_values="0" image_style="product_70x70" align="center"] [/nd_image] [/nd_div] [html format="html" different_values="0" style_margin_left="7%;" style_margin_right="7%;" text_align="center"]We renewed several exclusive partnerships, including PCPPI Davao plant securing a renewal of Exclusivity Agreement with well-loved local food chain, Penong’s Barbeque Seafood and Grill.[/html] [/col] [/row] [/col] [/row] [row style_margin_top="5%;" different_values="0" extra_classes="asm-billion"] [col phone="12" desktop="6" wide="6" different_values="0" extra_style="background-image: linear-gradient(to right, #1E9FC1, #0D3B5B);min-height: 300px; display: flex; justify-content: center; align-items: center;"] [html format="nd_ckeditor" different_values="0" text_align="center" style_margin_left="auto;" style_margin_right="auto;" style_margin_top="auto;" style_margin_bottom="auto;"]

PHP 40.1
BILLION
Gross Sales

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PHP 6.7
BILLION
Gross Profit

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PHP 3.6
BILLION
EBITDA

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PHP 2.7
BILLION
CAPEX

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PHP 100.3
MILLION


Invested in sustainability efforts for the benefit of society and the environment

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PHP 108
MILLION


Cost savings from resource management

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450
METRIC TONS


Reduction in carbon footprint across all plants, due to efficiency initiatives

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Corporate Social Responsibility

The Company’s 2020 Corporate Governance Manual sets out the duty of the Board on Corporate Social Responsibility which is to adopt a globally-recognized standard or framework and  a clear policy on the disclosure of non-financial information and reporting sustainability and non-financial issues, with emphasis on the management of economic, environmental, social and governance (EESG) issues of its business, which underpin sustainability.