Table of Contents
PARENT COMPANY
Not Applicable
COMPANY PROFILE
PepsiCo, Inc. is a prominent American multinational corporation specializing in the production of food, snacks, and beverages. The company is headquartered in Harrison, New York, situated in the hamlet of Purchase. PepsiCo operates across various segments of the food and beverage industry, overseeing the entire lifecycle of its products, including manufacturing, distribution, and marketing. Established through the merger of the Pepsi-Cola Company and Frito-Lay, Inc. in 1965, PepsiCo has significantly diversified its product portfolio over the years, extending beyond its iconic Pepsi Cola.
PepsiCo has expanded through acquisitions, with notable ones being the purchase of Pioneer Foods in 2020 for $1.7 billion, and earlier acquisitions like the Quaker Oats Company in 2001, which introduced the Gatorade brand to its portfolio, and Tropicana Products in 1998. As of January 2021, the company boasts 23 brands generating over $1 billion in annual sales. With operations spanning the globe, PepsiCo’s products are distributed in more than 200 countries, resulting in an annual net revenue exceeding $70 billion. In terms of net revenue, profit, and market capitalization, PepsiCo ranks as the second-largest food and beverage company worldwide, following Nestlé.
Pepsi Cola, the company’s flagship product, is known for its long-standing rivalry with Coca-Cola, a competition often referred to as the “cola wars.” While Coca-Cola outsells Pepsi Cola in the United States, PepsiCo reigns as the largest food and beverage company in North America based on net revenue. Ramon Laguarta has served as the chief executive of PepsiCo since 2018, and the company manages beverage distribution and bottling, both internally and through licensed bottlers in specific regions.
PepsiCo has faced criticism from environmentalists for its associations with adverse environmental impacts in its supply chain and distribution operations. These issues include palm oil-related deforestation, pesticide usage, water resource utilization, and the environmental effects of its packaging. Pepsi’s packaging has consistently ranked as one of the leading sources of global plastic pollution. Public health advocates have also scrutinized Pepsi for its high-calorie, low-nutrition product lines, along with other popular snack and beverage manufacturers. In response, PepsiCo has publicly expressed its commitment to reducing its impact on these issues but has not provided public documentation regarding its progress on most of its commitments.
BRANDS
Alvalle, Aquafina, Aunt Jemima, Bare, Baken-Nets, Brisk, Bolt24, Bubly, Cap’n Crunch, Cheetos, Chesters, Cracker Jack, Dole, Doritos, Evolve, FritoLay, Fritos, Fruitly, Funyuns, Gamesa, Gatorade, Grandma’s, Health Warrior, Jack Link’s, Lays, Life WTR, Lipton, Looza, Manzanita Sol, Maui Style, Miss Vickies, Mother’s, Mtn Dew, MUG, Munchies, Munchos, Muscle Milk, Natu Chips, Near East, Nut Harvest, Ocean Spray, Off the Eaten Path, Pasta Roni, Pearl Milling Company, Pepsi, PopCorners, Propel, Quaker, Red Rock Deli, Rice A Roni, Rockstar, Rold Gold, Ruffles, Sabritas, Sabritones, Santitas, Smartfood, SoBe, Soulboost, Spitz, Stacy’s, Starbucks (bottled/canned drinks),Starry, Sun Chips, Tazo, The Walking Taco, Tostitos, Yachak.
WHY I BOYCOTT THEM
PepsiCo owns SodaStream and 50% of Sabra both of which had taken advantage of the Israeli occupation of Palestine. [Link]
Most PepsiCo products are unhealthy and lead to obesity. [Link][Link]
PepsiCo is a strong advocate for the use of Genetically Modified Food [Link p.62]
PepsiCo is a leading contributor to plastic pollution. [Link][Link]
ACTION
Don’t buy (or minimize use of) PepsiCo products.
Don’t sell PepsiCo products.
Don’t work for the PepsiCo Company
ALTERNATIVES
Researching alternatives