"Multinational corporations do control. They control the politicians. They control the media. They control the pattern of consumption, entertainment, thinking. They're destroying the planet and laying the foundation for violent outbursts and racial division." (Quotes on MNC, Brainy quotes) But, what is a multinational Corporation? A multinational Corporation, also called an MNC, is a corporation that has its facilities and assets in at least one country other than its home country(Multinational Corporation, Investopedia). Such companies have offices and factories in different countries and usually have a centralized head office where they coordinate globally. Very large multinationals have budgets that exceed those of many small countries,
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These are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency (What is a B-Corp, b-corporation). In this essay, PepsiCo’s environmental sustainability actions will be judged to reach at a conclusion that they are well on their way to become a B-Corp . This will be done by analyzing their claims, their plans, initiatives and programs about recycling, waste reduction water and energy conservation.
PepsiCo asserts to the media that it is doing everything it can to reduce its impact on the environment. PepsiCo’s purpose is to over the long term by applying sustainability into their business strategies, thus improving the society and environment. At the start of this millennium, on the recommendations of their geologists and environmentalists, PepsiCo decided it was time to take environmental stewardship to a …show more content…
One such claim is about reducing plastic bags in the market. PepsiCo has not yet carried out any of their plans because of insufficient funds from their sponsors(Interview with Brij Goswal, Ex HR head of PepsiCo). Even though PepsiCo has reduced the usage of plastic in all their products, a large amount of plastic is still being used in manufacturing. The water being used in small and remote PepsiCo plants is not healthy as it contains dangerous chemicals which don’t get filtered. About 11 children in a school were taken to a hospital after drinking Pepsi in school. After the death of the 11 kids, a team of scientists experimented on the drink the kids drank and they found that the chemical in the drink was normal but the water used to make the drink had viruses. (11 dead after drinking Pepsi, India today). When Vaani Gupta, the marketing director of the company, was asked about the negative aspect of PepsiCo’s plans about environmental sustainability, she replied “Everything we do as individuals or corporations can affect the environment. We use plastic, emit gasses in factories (Which is normal for all the companies) who have got manufacturing and supply chain of products. Bye products also need to be treated else it can be a toxic waste.”(Interview with Vaani Gupta, Times Of India). In the quote, Indra Nooyi says everything they do affects the environment some way. For
These are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency (What is a B-Corp, b-corporation). In this essay, PepsiCo’s environmental sustainability actions will be judged to reach at a conclusion that they are well on their way to become a B-Corp . This will be done by analyzing their claims, their plans, initiatives and programs about recycling, waste reduction water and energy conservation.
PepsiCo asserts to the media that it is doing everything it can to reduce its impact on the environment. PepsiCo’s purpose is to over the long term by applying sustainability into their business strategies, thus improving the society and environment. At the start of this millennium, on the recommendations of their geologists and environmentalists, PepsiCo decided it was time to take environmental stewardship to a …show more content…
One such claim is about reducing plastic bags in the market. PepsiCo has not yet carried out any of their plans because of insufficient funds from their sponsors(Interview with Brij Goswal, Ex HR head of PepsiCo). Even though PepsiCo has reduced the usage of plastic in all their products, a large amount of plastic is still being used in manufacturing. The water being used in small and remote PepsiCo plants is not healthy as it contains dangerous chemicals which don’t get filtered. About 11 children in a school were taken to a hospital after drinking Pepsi in school. After the death of the 11 kids, a team of scientists experimented on the drink the kids drank and they found that the chemical in the drink was normal but the water used to make the drink had viruses. (11 dead after drinking Pepsi, India today). When Vaani Gupta, the marketing director of the company, was asked about the negative aspect of PepsiCo’s plans about environmental sustainability, she replied “Everything we do as individuals or corporations can affect the environment. We use plastic, emit gasses in factories (Which is normal for all the companies) who have got manufacturing and supply chain of products. Bye products also need to be treated else it can be a toxic waste.”(Interview with Vaani Gupta, Times Of India). In the quote, Indra Nooyi says everything they do affects the environment some way. For