PepsiCo
Corporate Bias Rating
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Risk Level:
Summary:
Pepsi is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Pepsi does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.
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CEO of PepsiCo
Ramon L. Laguarta
Summary:
Headquartered in Purchase, New York, PepsiCo is a member of the Fortune 250 operating in the Food Beverage and Tobacco industry. Ramon L. Laguarta serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $28,000 to Republican causes and $4,774,796 to Democratic causes. Under their tenure, PepsiCo currently holds a 'Lower Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$28,000
$4,774,796
Republican
Democrat
China Risk Database
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Total Estimated Sanctions (3-year Avg.)
$613,115,682
Average Annual Revenue
Global
$73,808,333,333
China Revenue
2.20%
$1,625,333,333
Annual Average of Total Assets
Global
$87,584,333,333
China Assets
5.84%
$5,111,666,667
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/3/23 | Governance | Paul Chesser, National Legal and Policy Center | Independent Board Chair | Against | 24.60% |
| 5/3/23 | Social | John Harrington | Global Transparency Report | Against | 18.10% |
| 5/3/23 | Social | As You Sow, on behalf of Longview Largecap 500 Index | Report on Risk of State Policies Restircting Reproductive Healthcare | Against | 16.10% |
| 5/3/23 | Social | As You Sow | Report on Impacts of Reproductive Healthcare Legislation | Against | 15.60% |
| 5/3/23 | Environmental | National Center for Public Policy Research | Report on Net-zero Emissions Policies | Against | 1.90% |
| 5/4/22 | Governance | Kenneth Steiner | Require Independent Board Chair | Against | 31.12% |
| 5/4/22 | Social | Harrington Investments, Inc. | Report on Global Public Policy and Political Influence | Against | 17.63% |
| 5/4/22 | Social | John Bishop Montgomery Trust | Report on Public Health Costs of Food and Beverages Products | Against | 13.74% |
In the News
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