GE and PepsiCo in India among 12 ACE finalists
September 8th, 2010 - 11:36 am ICT by IANSBy Arun Kumar
Washington, Sep 8 (IANS) GE and PepsiCo in India are among 12 American companies selected as finalists for the Secretary of State’s prestigious 2010 Award for Corporate Excellence (ACE).
Chosen from a record number of 78 nominations submitted by American ambassadors around the world, ACE finalists are international business leaders who recognize the vital role that US businesses play abroad as good corporate citizens, the State Department announced.
GE in India has been selected “for the diversified technology, media and financial services company’s fostering of local partnerships and volunteerism, supporting health, education, innovation and disaster recovery projects across India; exemplary employment practices; and promotion of cleaner, more energy efficient products.”
PepsiCo in India has been chosen “for the beverage company’s fostering of environmental sustainability through water conservation efforts, which has benefited small and marginal farmers; supporting the health and well-being of local communities; and providing important employment opportunities through training with a focus on diversity and inclusion.”
Other ten finalists are: Alta Ventures in Mexico, Cisco in Israel, Coca-Cola in Swaziland, Denimatrix in Guatemala, Fiji Water in Fiji, Intel in Costa Rica, Mars, Inc. in Ghana, Synopsys in Armenia and Qualcomm and Tang Energy in China.
The Secretary of State has awarded the ACE since 1999 to recognize US businesses for advancing good corporate citizenship, innovation, and democratic principles, the department said.
(Arun Kumar can be contacted at arun.kumar@ians.in)
- Indra Nooyi gets a raise, makes $17 mn in 2011 - Mar 24, 2012
- US trade group sends life sciences mission to India - Jan 31, 2012
- Top US firms embark on sales mission to India - Jan 14, 2011
- PepsiCo names Indian-born Kumar president of Quaker Foods - Oct 06, 2009
- Indian American named to top job in Maryland - Aug 04, 2011
- Indra Nooyi is again Fortune's most powerful woman - Sep 30, 2010
- US business pleased with Obama's approach to trade with India - Nov 07, 2010
- Indra Nooyi second most powerful woman in US business - Oct 01, 2011
- PepsiCo names Indian-born Kumar president of Quaker Foods (Lead) - Oct 06, 2009
- NourishCo hopes for Rs.700 crore business - Feb 10, 2012
- Matt Damon gets $8 mn for safe water facility in India - Oct 28, 2011
- Mountain Dew sued after dead mouse found in a soda can - Jan 04, 2012
- Tata Global Beverages may enter food business - Aug 23, 2010
- 6 MIT scientists to address EmTech India in Bangalore - Mar 23, 2012
- 7 Indian Americans among Intel's future 40 - Feb 03, 2012
Tags: american ambassadors, arun kumar, beverage company, corporate citizens, corporate excellence, democratic principles, disaster recovery, diversified technology, education innovation, employment practices, energy efficient products, environmental sustainability, fiji water, good corporate citizenship, international business leaders, marginal farmers, mars inc, recovery projects, synopsys, water conservation efforts