PepsiCo
Corporate Bias Rating
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Risk Level:
Summary:
PepsiCo is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. PepsiCo embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard 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 and Ramon L. Laguarta serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $24,750 to Republican causes and $4,812,251 to Democratic causes. Under their tenure, PepsiCo currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$24,750
$4,812,251
Republican
Democrat
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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