PepsiCo

InfluenceMap Score
C
Performance Band
75%
Organisation Score
32%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Consumer Staples
Head​quarters:
New York City, United States
Brands and Associated Companies
Pepsi, Gatorade, Tropicana, Quaker Oats
Official Web Site:
Wikipedia:

Climate Lobbying Overview: PepsiCo appears to have a fairly limited but largely positive engagement with climate change legislation. The company’s engagement is limited to high-level statements and joint letters that do not comment on climate legislation or regulation in detail.

Top-line Messaging on Climate Policy: In 2019, PepsiCo called for industry and government to take action in line with the IPCC’s target of 1.5 degrees Celsius. The company has also previously stated support for the Paris Climate Agreement. In 2017-2019, through the Climate Leadership Council (CLC), PepsiCo has advocated for a US federal level carbon tax that is revenue-neutral through dividends, although the CLC’s advocacy position is accompanied by support for rollbacks on other forms of carbon regulation. In 2020, PepsiCo formed part of an effort to support a climate-smart pandemic recovery in the US and has stated support for urgent action to meet the 1.5°C pledge. In 2020, PepsiCo showed support for the European Climate Law and the 2050 goal of climate-neutrality for Europe. In the same year, the company showed support for Carbon Border Adjustment Mechanisms in Europe.

Engagement with Climate-Related Regulations: In 2019, PepsiCo’s membership in the US Climate Leadership Council has suggested it supports a carbon dividend policy. In 2018, PepsiCo expressed support for the California Low-Carbon Fuel Standard. The company also supported raising the ambition of the EU’s Climate Target in 2020.

Positioning on Energy Transition: In 2020, PepsiCo showed support for an innovative energy transition in Europe. Beyond this, InfluenceMap found little evidence of PepsiCo’s position on, or engagement with, policy related to the transition of the energy mix.

Industry Association Governance: PepsiCo discloses a select list of trade associations it is a member of and states it does not always share positions with such organizations, but does not provide details on the company’s role or activities within each association. PepsiCo’s overall score is reduced as a result of its membership of powerful trade associations found by InfluenceMap to have taken oppositional stances to US climate policy, including the National Association of Manufacturers and US Chamber of Commerce, which Pepsi has stated does not reflect the company’s views on climate policy. PepsiCo is also a member of Business Roundtable, which has begun to demonstrate a nominally positive shift on climate policy following historically mixed positions.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
1 1 NA NS NS 1 0 NA
Alignment with IPCC on Climate Action
1 1 NA 2 2 0 NS NA
Supporting the Need for Regulations
-1 NS NS 1 NS NS NS NA
Support of UN Climate Process
1 2 NA NS 1 1 NS NA
Transparency on Legislation
0 NA 0 NA NA NA NS NA
Carbon Tax
2 NS 1 1 1 NS NS NA
Emissions Trading
NS 1 0 1 NS NS NS NA
Energy and Resource Efficiency
NS NS NS NS 1 NS NS NA
Renewable Energy
NS NS NS NS NS NS NS NA
Energy Transition & Zero Carbon Technologies
1 2 NS 2 NS NS NS NA
GHG Emission Regulation
NS 1 2 NS 1 NS NS NA
Disclosure on Relationships
0 NA -1 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
23%
 
23%
 
51%
 
51%
 
23%
 
23%
 
23%
 
23%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.