U.S. Spotlight Index

Global Index

India Spotlight Index

Global Index 2018


Corporate Profile

4 (2013)

Corporate Profile

A Governance (12.5%)
B Products (25%)
C Accessibility (20%)
D Marketing (20%)
E Lifestyles (2.5%)
F Labeling (15%)
G Engagement (5%)
Highest score among rated companies
The percentages in parentheses indicate the weight assigned to each Category
Market capitalization
$143,614 m
# of employees
Total revenues*
$66,683 m
Reported product categories
Baby Food; Chilled and Dried Processed Food; Confectionery; Dairy; Ice Cream; Noodles; Pasta; Dressings & Condiments; Snack foods; Spreads; Carbonates; Juice; Sports & Energy Drinks; RTD Coffee & Tea
Reported revenue by geography**
Rest of the world 62%, United States 51%, Russia 6%, Mexico 6%, Canada 4%, United Kingdom 3%, Brazil 2%
* Source: Capital IQ, USD exchange rate as of 31 Dec 2014 ** Source: Capital IQ

Nutrition general




Corporate Profile

  • Governance

    Overall scores
    Rank 4
    Scores per criterion
    Criterion Absolute score Weighted score
    Strategy 5.695 1.896435
    Management 4.777 1.590741
    Reporting 6.25 2.08125
    Average scores
    Lowest 0
    Average 3.5622272727273
    Highest 8.731
  • Products

    Overall scores
    Rank 7
    Scores per criterion
    Criterion Absolute score Weighted score
    Formulation 2.22 1.11
    Profiling 6.667 3.3335
    Average scores
    Lowest 0
    Average 2.7987727272727
    Highest 8.427
  • Accessibility

    Overall scores
    Rank 15
    Scores per criterion
    Criterion Absolute score Weighted score
    Pricing 0 0
    Distribution 0 0
    Average scores
    Lowest 0
    Average 1.1542272727273
    Highest 6.68
  • Marketing

    Overall scores
    Rank 4
    Scores per criterion
    Criterion Absolute score Weighted score
    Policy (all) 9 2.25
    Compliance (all) 4.167 1.04175
    Policy (children) 7.217 1.80425
    Compliance (children) 8.055 2.01375
    Average scores
    Lowest 0
    Average 3.7889090909091
    Highest 8.539
  • Lifestyles

    Overall scores
    Rank 11
    Scores per criterion
    Criterion Absolute score Weighted score
    Employees 5.083 1.692639
    Breastfeeding 0 0
    Consumers 1.953 0.650349
    Average scores
    Lowest 0
    Average 2.4945
    Highest 7.072
  • Labeling

    Overall scores
    Rank 13
    Scores per criterion
    Criterion Absolute score Weighted score
    Facts 2.638 1.319
    Claims 0 0
    Average scores
    Lowest 0
    Average 2.3608181818182
    Highest 6.22
  • Engagement

    Overall scores
    Rank 14
    Scores per criterion
    Criterion Absolute score Weighted score
    Lobbying 2.188 1.094
    Stakeholder 2.344 1.172
    Average scores
    Lowest 0
    Average 2.7793636363636
    Highest 6.25

Areas of strength

- Nutrition is one of the core pillars of PepsiCo’s overarching growth strategy and is articulated through its 'Performance with Purpose' concept.
- Well-established management systems, led by a wide range of executives and senior staff, guide the company’s work to improve nutrition, demonstrating the emphasis it places on nutrition. Notably, nutrition-related goals are linked to components of executive compensation, a best practice.
- As in 2013, PepsiCo's staff wellness program, Healthy Living, is globally available and open to employees and their families, which is a leading practice.
- To measure the effectiveness of its employee well-being program, PepsiCo partnered with RAND Corporation to calculate the return on investment (ROI) of its program over a ten-year period, an advanced approach for the evaluation of such a program. The results showed that the company’s lifestyle management program resulted in weight loss and a reduction in employee absenteeism.
- PepsiCo discloses the percentage of markets in which it has applied its labeling commitments in full, and discloses its compliance with this commitment. Only one other company analyzed achieved this level of disclosure relating to product labeling.
- PepsiCo’s lobbying activities in the U.S. include a focus on obesity prevention.

Areas for improvement

- PepsiCo has dropped in ranking since the 2013 Global Index. This was principally due to limited disclosure and a lack of reporting on consolidated data.
- PepsiCo provides examples of R&D investment to improve the nutritional quality of products, but does not make a formal commitment to continue this type of investment or to set targets.
- Reformulation targets to reduce levels of four major negative nutrients have been set, but for some products in key markets only. PepsiCo could improve its practices and come closer to leading practice by applying these targets across all portfolios globally and by setting clear deadlines for achieving them. Similarly, the company aims to increase levels of fruits and wholegrains in some products, but has not set targets or timelines for doing so. Furthermore, the company could improve its performance relating to product reformulation by putting in place monitoring systems.
- Unlike in the 2013 Global Index, there is no evidence of initiatives to enhance the affordability or accessibility of healthy products.
- Disclosure on support to breastfeeding mothers and its maternity leave policy is limited while the disclosure on stakeholder engagement has deteriorated since 2013. Notably, PepsiCo did not disclose how experts’ feedback was used in developing or executing its nutrition strategy.
- In contrast to the 2013 Global Index, there is no evidence of a strategic review of potential commercial opportunities linked to developing products for the undernourished, and the company channels its undernutrition efforts through philanthropy only.

Improving nutrition for all

The Access to Nutrition Index rates food and beverage manufacturers´ nutrition-related policies, practices and disclosures worldwide on a recurring basis.


Access to Nutrition Foundation
Arthur van Schendelstraat 650
3511 MJ Utrecht
The Netherlands
+31 (0)30 410 09 16



Bill & Melinda Gates Foundation

Ministry of Foreign Affairs

Robert Wood Johnson Foundation

© Copyright Access to Nutrition Foundation. All rights reserved. | Disclaimer | Legal | Privacy policy