Boston, May 07, 2025 – Shareholders sent a nature-positive message to PepsiCo on Wednesday in response to a shareholder proposal filed by Green Century Capital Management. The proposal asked the company to assess its impact on nature and the systemic risks posed to the company by those impacts on the world around us.
“PepsiCo relies on nature for all the ingredients that go into its products, from corn and spices to fresh water,” said Leslie Samuelrich, president of Green Century. “The company needs to do everything possible to ensure it’s not hurting healthy ecosystems. That will help reduce PepsiCo’s potential nature-related risks.”
The natural world under pressure
More than half of global GDP is dependent on natural inputs. Yet, the reliability of these inputs is increasingly uncertain. The United States incurred more than $20 billion in crop losses last year because of extreme weather. In addition, the global decline in pollinators has destabilized crop yields across two-thirds of the world. The disruption of nature also impacts the transportation systems that companies such as PepsiCo use to bring products to market. In 2024, wildfires, hurricanes and floods shut down transport systems around the globe, causing major disruptions in Canada, Mexico, China and Malaysia, among other places.
Investors want transparency re: Pepsi’s impacts on nature
This is the second year that Green Century has offered PepsiCo’s shareholders a proposal on biodiversity impacts. This year’s proposal was supported by 17.7% of PepsiCo shareholders. This vote will allow the resolution to be submitted again next year if the company does not take action.
“We hope that PepsiCo will hear the message of its shareholders: nature matters,” said Andrew Shalit, shareholder advocate at Green Century. “Investors shouldn’t have to stay up at night wondering whether our company is putting critical ecosystems at risk to sell Doritos and Mountain Dew.”
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