PepsiCo, Inc. — Ethics Grade C

PepsiCo, Inc. receives an overall ethics grade of C (46/100) on CancelCo's corporate accountability database. Sector: Food & Beverage. Market cap: Large Cap.

Category scores

• labor: 50
• privacy: 65
• consumer: 40
• environment: 30
• humanRights: 55

Documented incidents (2)

• Plastic pollution contributor (high, 2022) — Among top 5 global plastic polluters. Produces millions of tonnes of single-use plastic despite recycling pledges.
• Shrinkflation and price gouging (medium, 2023) — Raised prices significantly above inflation while reducing product sizes, drawing consumer backlash and FTC scrutiny.

Documented good deeds

• pep+ sustainability initiative — Committed to net-zero emissions by 2040 and net water positive by 2030 in high-risk watersheds.

Ethical alternatives

• Olipop — Prebiotic soda with real ingredients and sustainable packaging commitment.