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PepsiCo CEO Indra K. Nooyi Addressed 2013 Tsinghua Management Global Forum

2013-10-30
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Citizenship. Different from widely accepted idea of "corporate social responsibility", Ms. Nooyi considers citizenship as "how to make money" rather than "how to spend money". As the chief architect of PepsiCo's Performance with Purpose Initiative, Ms. Nooyi insists that a company should make profits that could stand the test of time for sustainable development. To do business in a responsible way requires not only good investment for shareholders, but also a good environment for employees, a thoughtful consideration of consumers, a good citizen in communities as well as a good steward of natural resources on the planet. According to Ms. Nooyi, the value for business should be consistent with the value for the society.