CECP Announces Jury-Selected Winners of the 2015 Excellence Awards and CECP Board Recognition of Force for Good CEO Honorees
PepsiCo and PwC US Recognized for Purpose Programs that Align with Business
New York, NY, February 23, 2015 /3BL Media/ – CECP, a coalition of 150 CEOs who believe that societal improvement is an essential measure of business performance, announced today that PepsiCo and PwC US are the recipients of the 15th annual Excellence Awards. These companies were chosen by an independent jury as global leaders in corporate societal investment, exemplifying the Award’s four rigorous Standards of Excellence: CEO leadership, partnership, dedication to measurement, and innovation. The Awards were presented at the 2015 Board of Boards at the Time Warner Headquarters in New York City. Accepting on behalf of their companies were Indra K. Nooyi, Chairman and CEO, PepsiCo and Bob Moritz, Chairman and Senior Partner, PwC US.
The Chairman’s Award, for companies with revenues of $20B and more, was presented to PepsiCo for its Safe Water Access program, which prioritized clean water as a key building block for ending world poverty. In 2010, PepsiCo announced its commitment to provide access to safe water for 3 million people by 2015, focusing specifically on water conservation, distribution, purification, and sanitation in countries across the world. PepsiCo has exceeded in its original commitment and doubled the goal to six million people by 2015.
“Global companies are judged not only by the shareholder value they create, but also by the positive contributions they make to society. Great companies think in terms of quarters and generations to create value for all stakeholders,” said Indra K. Nooyi, Chairman and CEO, PepsiCo. “Water is both a precious resource and a human right. All around the world, we have significantly reduced PepsiCo’s water usage and operating costs through conservation, while also greatly expanding access to clean water in our communities. PepsiCo’s commitment to water stewardship is a great example of aligning the needs of business with the needs of society, and it’s emblematic of the way we do business around the world.”
The President’s Award, for companies with revenues less than $20 billion, was presented to PwC US for Earn Your Future, a multi-year, $160 million commitment to advance financial literacy and youth education and impact more than 2.5 million students and educators across the U.S. At the halfway point of the third year of PwC’s Earn Your Future, the firm has delivered more than 530,000 service hours and reached more than 1.2 million students and educators.
“PwC recognizes the importance of youth education and we are leveraging our best asset – our people – to make a real, tangible difference in the lives of millions of young people,” said Bob Moritz, Chairman and Senior Partner, PwC US. “Through PwC’s Earn Your Future, we hope to teach responsible financial behaviors that will help students grow into successful adults and become our next generation of responsible leaders."
“PepsiCo and PwC US exemplify companies that are a force for good in society,” stated Daryl Brewster, CEO, CECP. “These companies identified societal challenges that align with their business strategies, applying their expertise and resources to improve the lives of the people in their communities in a sustainable and long-term way. We congratulate them for their commitments.”
The CECP Board launched last year the Force for Good Awards to honor CEO leadership and achievement in corporate societal engagement. The following 2014 Force for Good winners received their award at this year’s Board of Boards event and led the discussion in sessions relevant to their areas of recognition:
- Ken Frazier, Chairman and CEO, Merck and Founders Force for Good Award honoree
- Tom Wilson, Chairman and CEO, Allstate Corporation and Collaboration Force for Good Award honoree
- Hamdi Ulukaya, Founder and CEO, Chobani and Pacesetter Force for Good Award honoree
- Bill George, Former CEO, Medtronic and Lawrence A. Wein Legacy Force for Good Award honoree
This year’s Directors’ Excellence Award, recognizing a partnership between a corporation and a nonprofit and the Charles H. Moore Award for Leadership in Corporate Community Engagement, celebrating a corporate community engagement professional who demonstrates perseverance in the pursuit of societal advancement--will be presented on May 19, 2015 at the CECP Summit. Additional information can be found on the CECP website including information on the application process for the 2016 awards.
About CECP: The CEO Force for Good
CECP is a coalition of CEOs united in the belief that societal improvement is an essential measure of business performance. Founded in 1999, CECP has grown to a movement of more than 150 CEOs of the world’s largest companies across all industries. Revenues of engaged companies sum to $7 trillion annually. A nonprofit organization, CECP offers participating companies one-on-one consultation, networking events, comparative data, media support, and case studies on corporate engagement. For more information, visit http://cecp.co.