Is PepsiCo ethical?

What Choice found

Choice can get this wrong — tell us if something's off.

1–8 of 8

Ukraine & Russia Confirmed

PepsiCo makes money in Russia funding war

PepsiCo continues material operations in Russia and helps fund the war.

1 sourceRead sources
euromaidanpress.com
PepsiCo still making money in Russia—and helping fund war

LGBTQ+ policies Confirmed

PepsiCo, Inc. provides health benefits to employees who suffer gender dysphoria

The documented action involving PepsiCo, Inc. concerns gender dysphoria.

1 sourceRead sources
sec.gov
SUPPORTING STATEMENT: PepsiCo, Inc. (“Company”) provides health benefits to employees who suffer gender dysphoria/ confusion, and who seek medical, chemical, and/or surgical treatments to aid their “transition” to their non-biological sex.3 The Company boasts about its 100 percent score on the Human Rights Campaign’s Corporate Equality Index and HRC’s designation as a “Best Places to Work for LGBT Equality,” and has “made a series of benefit coverage enhancements that align with the clinical guidelines outlined in the World Professional Association of Transgender Health Standards of Care.”4

Workplace equity Confirmed

PepsiCo launches $570M racial equality journey

PepsiCo launched a $570 million Racial Equality Journey in the U.S. to increase Black and Hispanic managerial representation and support minority-owned businesses over five years.

1 sourceRead sources
sec.gov
In 2020, PepsiCo launched our more than $570 million Racial Equality Journey in the U.S., an effort to break down systemic barriers to opportunity, starting with a set of initiatives in the United States focused on increasing Black and Hispanic managerial representation at PepsiCo to mirror workforce availability in the U.S., supporting Black- and Hispanic-owned businesses and lifting up Black and Hispanic American communities over five years.

Climate & energy Confirmed

PepsiCo pushes back on climate and packaging goals

PepsiCo opposes climate and packaging commitments citing external realities.

2 sourcesRead sources
business-humanrights.org
"PepsiCo Pushes Back Climate, Packaging Goals Due to “External Realities”", 22 May 2025
business-humanrights.org
"PepsiCo Pushes Back Climate, Packaging Goals Due to “External Realities”", 22 May 2025

Workplace equity Confirmed

PepsiCo advances inclusion initiatives

PepsiCo emphasizes efforts to promote inclusion within its organization and communities.

2 sourcesRead sources
sec.gov
PepsiCo became an even Stronger company by advancing our holistic cost management initiatives – such as expanding the size and scope of our Global Business Services—a program that helps reduce redundancies across functions—to help accelerate productivity, standardization, and process improvement across the company. We also continued to transform our capabilities and culture, especially through digitization and innovation. We added digital capabilities, such as Artificial Intelligence and machine learning and automation.
sec.gov
PepsiCo’s efforts to advance inclusion-related initiatives within our organization, and in the communities we serve, is critical to the long-term success of our business.

Ukraine & Russia Confirmed

PepsiCo continues producing cola in Russia

PepsiCo remains operating 19 factories in Russia, producing Lyubimaya and Evervess Cola for local shelves.

4 sourcesRead sources
finance.yahoo.com
PepsiCo, one of the largest food and drink producers in the world, remains Russia's fourth-largest foreign business — with 60,000 workers and 19 factories still producing Pepsi Cola for Russian shelves under new names, Lyubimaya Cola and Evervess Cola.
kyivindependent.com
PepsiCo announced in March 2022 that it would suspend production and sales of Pepsi-Cola and other global brands in Russia, while continuing to provide some essential products.
kyivindependent.com
PepsiCo, one of the largest food and drink producers in the world, remains Russia's fourth-largest foreign business — with 60,000 workers and 19 factories still producing Pepsi Cola for Russian shelves under new names, Lyubimaya Cola and Evervess Cola.
yahoo.com
PepsiCo announced in March 2022 that it would suspend production and sales of Pepsi-Cola and other global brands in Russia, while continuing to provide some essential products.

Health policy Allegation

PepsiCo is accused of making public pledges

PepsiCo is accused of making public pledges to cut plastic use while undermining sustainability reforms through lobbying.

1 sourceRead sources
independent.co.uk
The world’s biggest plastic producers including Coca-Cola, PepsiCo and Nestlé have been accused of “hypocrisy” after a report claimed that they have made public pledges to cut plastic use while undermining sustainability reforms through lobbying groups and trade associations.

Ukraine & Russia Confirmed

PepsiCo opens new Russia plant in 2024

PepsiCo opened a new plant in Russia in 2024 and is hiring nearly 600 workers.

1 sourceRead sources
business-humanrights.org
PepsiCo actively continues its business operations in Russia. The company opened a new plant in 2024 and is currently hiring almost 600 workers.