PepsiCo, Inc. (PepsiCo), the largest global beverage company, ranks 11th out of 43 companies, disclosing more information on its forced labor policies and practices than its peers on all themes except Purchasing Practices and Worker Voice. Since 2018, it seems to have taken only limited steps to improve its performance and disclosure (namely disclosing joining the Leadership Group for Responsible Recruitment and further detail on its corrective action process). As the benchmark methodology requires companies to keep up with evolving stakeholder expectations and emerging good practices, the company’s rank has dropped by four places. PepsiCo’s score is based on its stronger performance on the themes of Commitment & Governance, Traceability & Risk Assessment, and Remedy. KnowTheChain identified one allegation of forced labor in the company’s supply chains; the company does not disclose engagement with affected stakeholders nor remedy outcomes for workers. The company is encouraged to improve on the themes of Purchasing Practices, Worker Voice, and Remedy.