PepsiCo

InfluenceMap Score
C+
Performance Band
76%
Organisation Score
44%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Consumer Staples
Head​quarters:
New York City, United States
Brands and Associated Companies
Pepsi, Gatorade, Tropicana, Quaker Oats
Official Web Site:
Wikipedia:

Climate Lobbying Overview: PepsiCo appears to have fairly active and largely positive engagement with climate change legislation, primarily in the EU. The company’s engagement is mostly limited to high-level statements and joint letters that do not comment on climate legislation or regulation in detail.

Top-line Messaging on Climate Policy: PepsiCo's website, accessed in September 2021, states support for] the Paris Climate Agreement and calls for] industry and government to take action in line with the IPCC’s target of limiting warming to 1.5 degrees Celsius. In 2019, PepsiCo participated in Ceres' LEAD on carbon pricing, reportedly meeting with policymakers to advocate for climate policy including a price on carbon. In 2020, PepsiCo participated in Ceres' LEAD on climate to support a climate-smart recovery from the COVID-19 pandemic in the US. In formal comments to the EU commission in April 2020, PepsiCo supported raising the ambition of the EU’s 2030 Climate Target and the the European Climate Law, although with caveats around the need for “regulatory simplicity and realism” in the latter.

Engagement with Climate-Related Regulations: PepsiCo’s engagement with specific climate policy is mostly positive. In 2017-2019, through the Climate Leadership Council (CLC), PepsiCo advocated for a US federal level carbon tax that is revenue-neutral through dividends returned to US citizens. However, the CLC’s position (which has since evolved in recent years) included support for rollback of other forms of carbon regulation like the Clean Power Plan. In formal comments to the European Commission submitted in April 2020, PepsiCo supported the EU Emissions Trading Scheme and the EU Carbon Border Adjustment Mechanism (CBAM), without specifying a position on the removal of existing exemptions in the CBAM.

Positioning on Energy Transition: In response to an EU consultation in April 2020, PepsiCo showed support for an innovative energy transition in Europe, emphasizing the need for technological innovation in areas such as carbon emissions reduction technologies, transportation efficiency, and alternative fuels. Beyond this, InfluenceMap found little evidence of PepsiCo’s position on, or engagement with, policy related to the transition of the energy mix.

Industry Association Governance: PepsiCo discloses a list of trade associations of which it is a member but provides limited details on the company’s role within each association, the extent to which its own positions align with those of the groups, and actions taken to address misalignment. The company has not published a formal review of its alignment with its industry associations. PepsiCo remains a member of powerful groups with largely oppositional stances on US climate policy, such as the National Association of Manufacturers and California Chamber of Commerce. While Pepsi remains a member of the US Chamber of Commerce, it has stated it does not share the Chamber's views on climate and does not serve on the Board. PepsiCo is also a member of Business Roundtable, which demonstrates mixed positions on climate policy.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
2 2 NA 1 NS 1 NS
Alignment with IPCC on Climate Action
1 2 NA 2 2 1 NS
Supporting the Need for Regulations
NS 2 NS 1 2 NS NS
Support of UN Climate Process
1 2 NA NS NS 1 NS
Transparency on Legislation
-1 NA 0 NA NA NA NS
Carbon Tax
2 NS 2 1 2 NS NS
Emissions Trading
NS NS NS 1 NS NS NS
Energy and Resource Efficiency
NS NS NS NS 2 NS NS
Renewable Energy
NS NS NS NS NS NS NS
Energy Transition & Zero Carbon Technologies
NS 1 NS 1 1 NS NS
GHG Emission Regulation
NS 2 0 NS 1 NS NS
Disclosure on Relationships
0 NA -1 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
51%
 
51%
 
23%
 
23%
 
76%
 
76%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.