PepsiCo, Inc. (PepsiCo), one of the largest global beverage companies, ranks 11 out of 60 companies. Compared to 2020, the company does not seem to have taken steps to strengthen its performance and disclosure on forced labour issues within its supply chain. As such, its rank has dropped by 10 places. The company scores above average on the themes of Commitment & Governance and Remedy. Notably, the company discloses a supplier code addressing four out of five ILO core labour standards, some information on internal responsibility and board oversight, as well as relevant training for employees and suppliers. The company scores below average on the themes of Traceability & Risk Assessment, Purchasing Practices, Recruitment, and Monitoring.
KnowTheChain identified two additional allegations of forced labor in the company’s supply chains. The company did not disclose engagement with affected stakeholders, nor remedy outcomes for workers.
The company is encouraged to improve its performance and disclosure on the themes of Traceability & Risk Assessment, Purchasing Practices, and Remedy.