Company Ranking11 out of
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.
HOW DO THEY COMPARE?
The comparison tool allows companies' results to be easily compared. Up to two additional companies can be selected and compare against each other as shown below.
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labor from their supply chains. There are a total of 22 indicators accross the seven themes. For each themes, a company can score a total of 100 points.
Commitment and Governance
|Commitment||100 / 100|
|Supplier Code of Conduct||90 / 100|
|Management and Accountability||100 / 100|
|Training||45 / 100|
|Stakeholder Engagement||50 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||37.5 / 100|
|Risk Assessment||75 / 100|
|Purchasing Practices||25 / 100|
|Supplier Selection||0 / 100|
|Integration into Supplier Contracts||15 / 100|
|Recruitment Approach||30 / 100|
|Recruitment Fees||25 / 100|
|Monitoring and Responsible Recruitment||25 / 100|
|Rights of Workers in Vulnerable Conditions||30 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||12.5 / 100|
|Grievance Mechanism||30 / 100|
|Monitoring Process||40 / 100|
|Monitoring Disclosure||30 / 100|
|Corrective Action Plans||100 / 100|
|Remedy Programs||25 / 100|