PepsiCo and The Global FoodBanking Network (GFN), a nonprofit organisation that develops and supports food banks, delivered more than 85 million servings of fresh food to communities in need in 2018.
The consumer goods company invested $500,000 with GFN in order to support training and development for food bank staff and purchases of essential equipment like trucks and refrigerated storage space.
"Global hunger is both a problem of food production and logistics," said Laxman Narasimhan, CEO of PepsiCo Latin America, Europe Sub-Saharan Africa, said.
"We're proud to support grassroots, community-led interventions like food banks, whose food distribution efforts are critical in the fight against hunger.
“As violent conflicts, economic downturns and natural disasters put more families at risk, we must continue to invest in proven solutions, like food banks, so they have the resources and support they need."
Lisa Moon, GFN president and CEO, added that, while hunger is a solvable problem, one in four people in the world are malnourished.
“At the same time, one-third of all food produced for consumption is wasted,” she continued.
“Food banks capture food poised to be wasted and redistribute it to those in need. Thanks to the generosity of PepsiCo, we have an incredible opportunity to broaden the impact food banks have on communities around the world.”
PepsiCo’s work with GFN is in line with the group’s Performance with Purpose agenda, which leads the group to enhancing its nutrition portfolio to include healthier options as well as providing nutritious food to underserved communities.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition.