Company Directory - PepsiCo
Company Details - PepsiCo
PepsiCo
WebsitePurchase, United States
PepsiCo is a multinational food and beverage corporation known for its soft drinks, snacks, and a wide range of other products. The company is famous for its beverage brands such as Pepsi and Mountain Dew, as well as snack brands like Frito-Lay.
CCI Score
CCI Score: PepsiCo
-45.03
Latest Event
PepsiCo Warns Shareholders Amid Tariff Impacts
PepsiCo, along with other major companies, issued warnings to its shareholders indicating that the company is already experiencing negative financial impacts from tariffs imposed amid the Trump administration’s tariff policies. This communication reflects the pressures of an authoritarian trade policy environment rather than a proactive stance against such measures.
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QUISLING
PepsiCo is currently rated as a Quisling.
Latest Events
- MAY042025
PepsiCo, along with other major companies, issued warnings to its shareholders indicating that the company is already experiencing negative financial impacts from tariffs imposed amid the Trump administration’s tariff policies. This communication reflects the pressures of an authoritarian trade policy environment rather than a proactive stance against such measures.
- APR192024
Teamsters in Illinois, Indiana, and Iowa have filed unfair labor practice charges against Pepsi, alleging that the company enforces illegal work rules that prohibit discussions on wages, hours, and union organization. The charges claim that Pepsi's policies systematically restrict workers' rights and undermine union activity.
-80
Labor Relations and Human Rights Practices
May 4
The alleged enforcement of work rules that prevent employees from discussing wages or unionizing represents a significant violation of labor rights. Such measures contribute to anti-worker practices that can underpin authoritarian corporate behavior, making this a serious offense in terms of ethical labor relations.
Teamsters in Three States File Unfair Labor Practice Charges Against Pepsi
- JAN012024
Data from OpenSecrets indicates that PepsiCo contributed $1,229,970 in campaign funds and spent $3,920,000 on lobbying in the 2024 cycle, highlighting significant corporate political engagement that raises concerns about undue influence on policy-making.
-40
Political Contributions and Lobbying Efforts
May 4
PepsiCo's political contributions and lobbying expenditures in the 2024 cycle demonstrate substantial corporate engagement in political finance. The significant spending, as recorded by OpenSecrets, can be interpreted as an effort to influence policy in ways that may undermine progressive reforms and elevate corporate interests, a trend that is concerning from a democratic and anti-authoritarian perspective.
- OCT012023
An investigative report reveals that PepsiCo’s Indonesia-made products have been linked to child labor, unethically low wages, and worker exploitation. The report details concerns regarding labor practices and supply chain management in the region.
-80
Labor Relations and Human Rights Practices
May 4
The report ties PepsiCo’s operations to serious labor violations, including child labor and worker exploitation. Such practices undermine workers’ rights and contribute to authoritarian exploitation in supply chains, warranting a strongly negative rating for labor relations and human rights practices.
-70
Supply Chain Ethics
May 4
The report highlights problematic supply chain practices, noting that PepsiCo's suppliers in Indonesia have been linked to serious human rights abuses such as child labor and extremely low wages. This points to inadequate oversight in supply chain ethics, contributing to the overall negative impact.
- OCT012023
PepsiCo has been accused by the International Union of Food workers of blocking trade union formation at its Kolkata factory in West Bengal, India since 2013, with serious allegations regarding human rights violations. PepsiCo responded that a thorough internal investigation found no evidence supporting these claims.
-70
Labor Relations and Human Rights Practices
May 4
The allegations that PepsiCo has obstructed trade union formation and engaged in practices violating labor rights in its Kolkata factory raise significant concerns regarding labor relations and human rights. Despite the company's claim of a clean investigation, the persistent accusations from the International Union of Food workers highlight a potential long-term issue in ethical labor practices.
- APR012023
Investors at PepsiCo's annual meeting called for enhanced global political disclosure, criticizing the company's limited transparency regarding its international political contributions and influence, particularly highlighting issues in markets like Brazil.
-60
Political Contributions and Lobbying Efforts
May 4
PepsiCo has faced strong investor criticism for its failure to fully disclose its global political spending and contributions. The resolution presented at its annual meeting, although receiving only an 18% vote, underscores serious concerns about the hidden extent of the company’s political activities, especially in regions like Brazil where alleged abuses in its supply chain have been reported. This lack of transparency is seen as facilitating opaque corporate influence that can undermine democratic processes and public accountability.
- JAN012023
PepsiCo released its 2023 Corporate Political Contributions Report detailing donations to various state and local political candidates and committees. The report lists contributions to both Democratic and Republican entities, revealing a mixed approach that, while transparent, includes disbursements to groups that may support authoritarian policies, raising concerns from an anti-fascist perspective.
-15
Political Contributions and Lobbying Efforts
May 4
The published report shows PepsiCo’s significant involvement in political contributions that span across party lines. Although the transparency of disclosing these donations is commendable, the allocations toward Republican candidates and committees—which are more likely to align with authoritarian or far-right policies—raise red flags from an anti-fascist viewpoint.
- JAN012018
PepsiCo publicly acknowledged its connection to ongoing labor abuse in its palm oil supply chain tied to its joint venture with Indofood. The company admitted high risks and documented labor violations on plantations, and while it has partially suspended sourcing from IndoAgri, it continues its broader partnership with Indofood despite serious concerns raised by advocacy groups.
-50
Labor Relations and Human Rights Practices
May 4
PepsiCo’s admission of its ongoing connection to labor abuses linked to its palm oil supply chain, particularly through its joint venture with Indofood, highlights a serious deficiency in labor relations and human rights practices. Although the company has partially suspended procurement from a subsidiary, its continued partnership with a partner accused of repeated labor violations indicates a need for more robust reforms that prioritize workers' rights.
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Corporate Financials
- Revenue
- 2024
- $82.00B
- Total Assets
- 2024
- $89.20B
- Operating Income
- 2024
- $13.30B
- Total Equity
- 2024
- $38.30B
Employees: 290,000
Industries
- 311511
- Fluid Milk Manufacturing
- 311919
- Other Snack Food Manufacturing
- 311920
- Coffee and Tea Manufacturing
- 312111
- Soft Drink Manufacturing
- 312112
- Bottled Water Manufacturing