PepsiCo, Inc. is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.
PepsiCo, Inc. is a food and beverage giant. In addition to its signature soft drink, Pepsi, its brands include household names such as Lay’s, Doritos, Cheetos, Aquafina, Gatorade, Tropicana, Quaker, and Sabra. PepsiCo also performs research into health and nutrition with an aim to deliver a broader range of healthier products.
(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)
The relatively stable and low prices, and thus profits, in our modern food systems are not reflective of the life-sustaining value of food. PepsiCo creates positive Humankind Value overall. Considerable positive value is associated with its contributions to Crop Production ($117.0 B) and Economic Value ($36.0 B). PepsiCo’s impact on Crop Production adds an estimated 2,426,736.1 equivalent years of life not lost to death or reduction in quality of life. Its impact on economic value comes from offering goods and services that consumers value, paying employees for their labor in producing these goods and services, and providing value for shareholders. The Humankind Value of this company could be better if it improved in the areas of Food Loss (-$28.9 B) and Food Waste (-$18.6 B). The food production pipeline spans from the ground where crops are grown, to harvest, to transport to grocery stores and food services, and eventually to the consumer. Food loss occurs during the early stages of the food production pipeline from harvesting until transport. Food waste occurs in later stages of the food production pipeline such as retail, food services, and by the consumer. Companies involved in the harvest, storage, transport, or other early stages of the food production pipeline are deducted Humankind Value for food loss, and Companies involved in food retail or food services are deducted Humankind Value for food waste. Food Loss is attached to this company as a result of its direct business activities. Supply chain partners are largely responsible for PepsiCo’s impact on Crop Production, Economic Value, and Food Waste. The direct Humankind Value for this firm, in a vacuum, is negative, but with our supply-chain methodology, a more complete and positive picture of its total impact can be seen.