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 Funds. “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.”
###
An investment strategy that incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.
About Green Century
°Green Century Capital Management, Inc. (Green Century) is the investment advisor to the Green Century Funds (The Funds). The Green Century Funds are one of the first families of fossil fuel-free, environmentally responsible mutual funds. Green Century hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.
*As of 3.28.25, PepsiCo comprised 0.00%, 0.86%, and 0.00%, of the Green Century Balanced Fund, the Green Century Equity Fund, and the Green Century International Index Fund respectively. As of the same date, other securities mentioned were not held in the portfolios of any of the Green Century Funds. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.
You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please visit www.greencentury.com, email info@greencentury.com, or call 1-800-934-7336. Please read the Prospectus carefully before investing.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk.
This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.
The Green Century Funds are distributed by Distribution Services, LLC. 5/2025