PepsiCo, Inc.

Who owns it

• Vanguard Group Inc.10.15%external_dataset · 2025-12-31
• BlackRock, Inc. (company)8.2%sec_filing · 2026-04-01
• State Street Corporation4.5%sec_filing · 2026-04-01
• Fidelity Investments (FMR LLC)3.7%sec_filing · 2026-04-01
• Geode Capital Management2.54%external_dataset · 2026-03-31
• Morgan Stanley1.95%external_dataset · 2026-03-31
• Ramon Laguarta0.02%sec_filing · 2026-04-01

What’s documented

• 2026-12-31politicalDonationCorporate PAC contributed ~$103,000 to federal candidates/committees (2026 cycle).source →
• 2026-07-23legalProceedingOn July 23, 2026, Judge Audrey J.S. Carrion of the Circuit Court for Baltimore City granted PepsiCo's motion to dismiss the City of Baltimore's remaining public-nuisance claim in its entirety, ending the city's 2024 lawsuit seeking to hold plastics manufacturers liable for packaging litter in local waterways and streets.source →
• 2026-06-15regulatoryActionA class action lawsuit filed December 15, 2025 in the U.S. District Court for the Southern District of New York alleges PepsiCo and Walmart engaged in an illegal vertical price-fixing scheme. The 77-page complaint claims that since at least 2018, PepsiCo agreed to 'police' retail prices at Walmart's competitors, imposing escalating wholesale price increases on retailers who priced Pepsi products below Walmart's levels. The proposed class covers all U.S. consumers who purchased Pepsi soft drinks from non-Walmart retailers since 2015. Separately, the FTC opened a Robinson-Patman Act investigation into soft drink pricing practices affecting PepsiCo and Coca-Cola.source →
• 2026-05-15otherRev. Al Sharpton's National Action Network launched a national boycott of PepsiCo after CEO Ramon Laguarta announced sweeping DEI rollbacks including the elimination of hiring and supplier diversity goals, removal of DEI staff positions, and cancellation of community partnerships. Sharpton gave PepsiCo 21 days to meet with NAN or face protests at its global headquarters in Westchester County and at distributor sites. The action follows a 90-day review Sharpton initiated on Martin Luther King Jr. Day 2025. PepsiCo's decision contrasts with competitor Coca-Cola, which reaffirmed its DEI commitments.source →
• 2026-04-29regulatoryAction1001 SEC filings on record (487 4, 152 8-K, 64 424B2, 34 10-Q, 33 FWP)source →
• 2026-04-20environmentalPepsiCo faces a trial management conference on April 20, 2026, in Los Angeles County's plastic pollution lawsuit, with trial set for May 12 if mediation fails. PepsiCo eliminated its reusable packaging targets entirely in May 2025 and reduced its virgin plastic reduction goal from 20% to 2%. PepsiCo accounts for 5% of global branded plastic pollution, second only to Coca-Cola.source →
• 2026-04-16regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2026-03-01otherPepsiCo remains a BDS target for its $3.2 billion acquisition of SodaStream (Israeli-manufactured), its Sabra joint venture with Strauss Group (documented IDF connections), and its Tempo Beverages partnership in Israel. The Who Profits Research Center documented these corporate ties to the Israeli military-industrial complex.source →
• 2026-02-18laborRelationsPepsiCo closed multiple Frito-Lay manufacturing plants in 2025-2026 as part of cost-cutting restructuring, eliminating over 1,200 jobs. Closures include Orlando, FL (500 workers by May 2026), Rancho Cucamonga, CA (432-480 positions after 50+ years of operations), and Liberty, NY (287 workers). A WARN Act investigation was opened into the Rancho Cucamonga closure. A separate lawsuit filed April 2026 alleges Frito-Lay terminated a worker for filing a workplace injury claim.source →
• 2026-02-11regulatoryActionSEC 8-K material event filing: FORM 8-Ksource →
• 2026-02-03regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2026-01-23lobbying1 federal lobbying registration on file with the Office of the Commissioner of Lobbying of Canada (2026).source →
• 2026-01-10lobbyingUnion leaders criticized Telus for receiving lucrative federal and provincial government contracts and subsidies while cutting thousands of jobs; USW and CUPE lobbied the federal government to attach job-preservation conditions to telecom subsidiessource →
• 2026-01-09laborRelationsTelus offered voluntary severance packages to approximately 700 more employees across Canada in January 2026, totaling nearly 1,400 severance offers in under a year; customer complaints to the CCTS rose 62% in 2025 compared to 2024source →
• 2026-01-01otherPepsiCo's Frito-Lay division continues to use animal-derived ingredients (dairy, whey) in many products without transparent sourcing standards for animal welfare. Multiple animal welfare organizations have flagged PepsiCo for lacking a comprehensive farm animal welfare policy covering its dairy supply chain, in contrast to competitors who have adopted cage-free and higher welfare standards.source →
• 2025-12-31lobbyingPepsiCo, Inc. spent approximately $4.8 million on federal lobbying in 2025, with lobbying efforts focused on sugar taxation policy, trade and tariffs, food labeling regulations, and sustainability standards.source →
• 2025-12-31lobbyingReported ~$3,320,000 in US federal lobbying activity (2025) on Agriculture, Beverage Industry, Disaster Planning/Emergencies, Environment/Superfund…; lobbied 8 government entities.source →
• 2025-12-15regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-12-08regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-10-09regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-10-01environmentalPepsiCo was identified as one of the world's top three corporate plastic polluters in Break Free From Plastic's global brand audit. The audit collected 346,494 pieces of plastic from 55 countries. Approximately 18% of PepsiCo's plastic packaging remains in flexible formats that are difficult to recycle.source →
• 2025-08-27lobbying2 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2025).source →
• 2025-08-21otherPepsiCo reported a 0.3% decline in revenues for the first half of 2025, with company communications attributing softness in some international markets to consumer boycotts of brands perceived as tied to Israel.source →
• 2025-08-01regulatoryActionVanguard was ordered to pay a $19.5 million civil penalty by the SEC for disclosure failures related to adviser compensation. Between August 2020 and December 2023, Vanguard tied parts of advisers' performance evaluations and bonuses to client enrollment and retention metrics in its Personal Advisor Services program, while marketing content downplayed or misstated these conflicts of interest.source →
• 2025-07-28regulatoryActionSEC 8-K material event filing: FORM 8-Ksource →
• 2025-07-23regulatoryActionSEC 8-K material event filing: FORM 8-Ksource →
• 2025-07-17regulatoryActionSEC 8-K material event filing: FORM 8-Ksource →
• 2025-07-17regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-06-01otherThe BDS Movement has been deliberating on a formal full boycott of PepsiCo following its acquisition of SodaStream and full ownership of Sabra, both companies with documented ties to Israel and the occupied territories.source →
• 2025-05-23regulatoryActionSEC 8-K material event filing: FORM 8-Ksource →
• 2025-05-15environmentalIn May 2025, PepsiCo announced it was eliminating its reusable packaging targets entirely after progress stalled at 10% of its 20% goal. The company also reduced its virgin plastic reduction goal from 20% to just 2%. PepsiCo accounts for 5% of global branded plastic pollution, second only to Coca-Cola. Los Angeles County sued both companies in October 2024 for misleading the public about plastic recyclability.source →
• 2025-05-09regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-04-24regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-04-17environmentalThe Government of the U.S. Virgin Islands filed suit against PepsiCo, Coca-Cola, and local affiliates over plastic pollution and deceptive practices regarding plastic recycling claims — alleging companies misled consumers about the recyclability of plastic beverage containers.source →
• 2025-04-01laborRelationsPepsiCo's palm oil supply chains in Latin America and Malaysia have been connected to wage violations and inadequate worker protections, according to shareholder proxy disclosures and human rights assessments.source →
• 2025-03-19environmentalPepsiCo abandoned its 2025 plastic reduction targets, pushing back the goal of 100% recyclable, compostable, biodegradable or reusable packaging from 2025 to "97% or greater by 2030."source →
• 2025-03-15otherPepsiCo acquired prebiotic soda brand Poppi for approximately $1.95 billion in March 2025, expanding its better-for-you beverage portfolio as consumers shift away from traditional sugary sodas.source →
• 2025-03-01otherPepsiCo remains a BDS target for its $3.2 billion acquisition of SodaStream (Israeli-manufactured), its Sabra joint venture with Strauss Group (documented IDF connections), and its Tempo Beverages partnership in Israel. The Who Profits Research Center documented these corporate ties to the Israeli military-industrial complex.source →
• 2025-03-01otherThe BDS National Committee included PepsiCo brands in its Ramadan 2025 boycott escalation call, citing the company's ownership of SodaStream and sole ownership of Sabra Dipping Company following the November 2024 Strauss Group divestiture.source →
• 2025-02-01laborRelationsTelus offered voluntary severance packages to approximately 700 employees nationwide across network operations, engineering, and business solutions, continuing a restructuring that has eliminated roughly 3,300 jobs since 2023source →
• 2025-01-17regulatoryActionVanguard agreed to pay $106.41 million to settle SEC charges for misleading statements about capital gains distributions and tax consequences for retail investors holding Vanguard Investor Target Retirement Funds in taxable accounts. The SEC found Vanguard lowered minimum investment for Institutional TRFs from $100 million to $5 million in December 2020, triggering mass redemptions that generated unexpected taxable capital gains for remaining Investor TRF holders.source →
• 2025-01-15environmentalPepsiCo pushed back its 100% recyclable/compostable/reusable packaging target from 2025 to 97% by 2030. The company reduced its virgin plastic reduction goal from 20% to just 2%, and abandoned its 2030 target of selling 20% of beverages in reusable packaging. Los Angeles County sued both PepsiCo and Coca-Cola in October 2024 for misleading the public about recyclability of plastic bottles.source →
• 2025-01-09environmentalBlackRock withdrew from the Net Zero Asset Managers (NZAM) initiative on January 9, 2025, causing NZAM to temporarily suspend its activities pending a review. BlackRock stated that its participation in climate-focused groups had caused confusion about its investment practices and subjected the firm to legal inquiries from state officials. BlackRock had been among the founding members of NZAM and managed over $11 trillion in assets at the time of withdrawal.source →
• 2025-01-01otherPepsiCo's SodaStream subsidiary remained a BDS boycott target despite relocating its main factory from the occupied West Bank to the Naqab (Negev) desert in 2015. BDS alleges the Naqab factory is complicit in Israel's displacement of indigenous Bedouin-Palestinian communities.source →
• 2025-01-01otherThe BDS movement's co-founder stated that SodaStream remains subject to boycott by the global BDS movement despite PepsiCo's $3.2 billion acquisition in 2018 and the company's closure of its West Bank factory in 2015, citing continued operations benefiting the Israeli economy.source →
• 2025-01-01otherThe University of Manchester removed Sabra Hummus from campus shelves following a successful BDS campaign by students and advocacy groups.source →
• 2025-01-01environmentalPepsiCo was identified as one of the UK's biggest packaging polluters alongside Coca-Cola and McDonald's in multiple audits, and is a regular feature in Break Free From Plastic's annual brand audit of top plastic polluters.source →
• 2025-01-01otherPepsiCo's SodaStream subsidiary remains a BDS boycott target. PepsiCo acquired SodaStream in 2018 for $3.2 billion. Though SodaStream relocated its main factory from the occupied West Bank settlement of Ma'ale Adumim to the Naqab desert in 2015, BDS maintains the boycott.source →
• 2025-01-01otherPepsiCo subsidiary SodaStream operates its main manufacturing facility in the Naqab (Negev) desert in Israel, where the BDS movement alleges it is complicit in Israel's policy of displacing indigenous Bedouin-Palestinian citizens. SodaStream relocated from the occupied West Bank in 2015 under BDS pressure.source →
• 2024-12-31lobbyingReported ~$3,120,000 in US federal lobbying activity (2024) on Agriculture, Environment/Superfund, Financial Institutions/Investments/Securities, Food Industry (safety, labeling, etc.)…; lobbied 8 government entities.source →

What we’ve classified so far

• conflict profiteering27
• environmental damage20
• worker exploitation5
• political influence5
• monopoly abuse2

54 further documented actions have not been classified yet. These counts show what we have got to, not a total.