Boston, March 10, 2026 – PepsiCo, the global food and beverage company, has agreed to publicly describe its process for identifying and reducing its impacts on nature and biodiversity. The move came after Green Century Capital Management (Green Century) and other investors engaged with company executives over the last several months.
“Food companies like PepsiCo have a huge impact on the environment through the massive amount of natural resources, including water, that goes into their products. Managing supply chain risks from agricultural production can be a win-win for shareholders and the environment,” said Leslie Samuelrich, president of Green Century. “By studying its impact on nature, and acting on any adverse effects, PepsiCo can help our food and agricultural systems contribute to a healthier natural world.”
Shareholder proposal led to this agreement
Green Century led the negotiations that led to this agreement, and was joined by Achmea Investment Management and Allianz Global Investors. The firms filed a shareholder proposal asking PepsiCo to disclose information related to the risks and impacts on nature of company operations and sourcing. This was the third consecutive year that Green Century had presented a proposal on nature impacts at the company. As a result of this agreement, the investors have withdrawn the proposal from consideration at PepsiCo’s annual meeting.
PepsiCo says it will post the disclosure to its website by May 1, 2026.
The natural world at risk
Human activity around the world has led to dramatic declines in biodiversity and the health of natural systems. Since 1970, the average size of wildlife populations has decreased by 73% globally. Farming and food production are among the leading drivers of nature loss. But food production, done right, can also help restore and protect nature.
“PepsiCo has a huge global footprint. It takes millions of acres of land and billions of gallons of water to make the sodas and snacks that are so popular around the world,’” said Andrew Shalit, Shareholder Advocate at Green Century. “That scale means the company has a huge impact where they operate, and nature has significant financial implications for the company. This new disclosure will give investors and consumers a clearer picture of what the company is doing, and whether it needs to do more.”
###