PepsiCo Inc. (PepsiCo), a beverage, snack, and food company headquartered in the United States, ranks seventh out of 38 companies, disclosing more information on its forced labor policies and practices than its peers across all themes. Compared to 2016, the company improved its score by three points by disclosing a revised version of its supplier code of conduct, which prohibits worker-paid recruitment fees and requires suppliers to cascade standards. The company also discloses undertaking a human rights risk assessment that includes its supply chains and developing a grievance mechanism for its commodity supply chains. Further, the company commits to providing supplier training on its revised code, and additional guidance on forced labor-related risks, particularly recruitment fees and freedom of movement. Additional steps the company could take to address forced labor risks in its supply chains include strengthening its disclosure and practices on the themes of purchasing practices, recruitment, and worker voice.
7 of 38
OUT OF 100
Commitment and Governance
Traceability and Risk Assessment