As efforts accelerate worldwide to provide relief from the ravages of COVID-19, PepsiCo, Inc. (NASDAQ: PEP) and The PepsiCo Foundation today announced a more than $45 million initiative focused on helping people and communities most affected by this devastating virus. The company is funding vital support including protective gear for healthcare workers, testing and screening services, and is already in the process of distributing more than 50 million nutritious meals to at-risk populations by supporting food banks and other partners around the world. PepsiCo is leveraging its own distribution expertise and investing heavily in partnerships to increase access to nutrition in response to worldwide COVID-19-related school closures that have left 1.71 billion students out of school and many deprived of a key source of nutrition.
Source: PepsiCo Commits More than $45 Million to Combat the Impacts of COVID-19, Providing Vital Local Humanitarian Support and Distributing More Than 50 Million Nutritious Meals Worldwide