 Worldwide Code of Conduct
PepsiCo's Code of Conduct applies to every employee, every division and subsidiary,
and every business transaction worldwide. It is available in 30 languages and includes
provisions regarding:
- Ethical Business Dealings
- Bribery
- Business Gifts and Entertainment
- Discrimination
- Harassment
- Confidentiality of Information
- Insider Trading
- Accounts and Record-Keeping
- Health and Safety
- Political Activities
- Protection of Company Assets
- Whistleblowing
Supplier Code of Conduct
A Message From PepsiCo's Chief Procurement Officer
Dear PepsiCo suppliers and other stakeholders,
As part of our Responsible & Sustainable Sourcing strategy at PepsiCo, we are
committed to working in partnership with our suppliers to follow a specific code
of conduct in the areas of employee labor conditions, health & safety, environmental
management and business integrity. We have updated our policies to simplify communications
about PepsiCo's values and how they extend to our supply chain partners.
Below, our updated Supplier Code of Conduct is provided. We are issuing this uniform
PepsiCo-wide supplier code of conduct as a single document to provide explicit communication
of expectations in these important areas to our suppliers and their chain of suppliers.
While the vast majority of our suppliers are already working to these or similar
standards, and may well have Supplier standards that reach back into their own supply
chain, we intend to work closely with our suppliers to insure they fully comply
with our code of conduct listed below.
Additionally, PepsiCo has joined Sedex as
the means for our supplier community to articulate and verify their activity in
the areas of employee labor conditions, health & safety, environmental management
and business integrity. PepsiCo looks forward to working with Sedex and other firms
committed to making the assessment process easier for suppliers to provide information,
thereby allowing for improved understanding of the opportunities for improvement.
Many of the areas covered in the code are easily understood and simple to follow,
but some may require more clarification or additional discussion to gain a common
understanding. If you have any further queries about this process, please contact
your buyer, category captain or PepsiCo's Director of Responsible & Sustainable
Sourcing at responsiblesourcing@pepsi.com.
Sincerely,
Mitch Adamek
SVP & Chief Procurement Officer
PepsiCo
Purpose and Scope
This Supplier Code of Conduct sets forth the business conduct standards to which
PepsiCo expects its suppliers to adhere. This Code covers suppliers, vendors, contractors,
consultants, agents and other providers of goods and services who do, or seek to
do, business with PepsiCo entities worldwide.
Business Conduct Standards
PepsiCo expects its suppliers to conduct business responsibly, with integrity, honesty
and transparency and adhere to the following standards:
- Comply with all applicable laws and regulations of the countries of operation.
- Compete fairly for our business, without paying bribes, kickbacks or giving anything
of value to secure an improper advantage.
- Encourage a diverse workforce and provide a workplace free from discrimination,
harassment or any other form of abuse.
- Treat employees fairly and honestly, including with respect to wages, working hours
and benefits.
- Respect human rights and prohibit all forms of forced or compulsory labor.
- Ensure that child labor is not used in any operations.
- Respect employees' right to freedom of association, consistent with local laws.
- Provide safe and humane working conditions for all employees.
- Carry out operations with care for the environment and comply with all applicable
environmental laws and regulations.
- Keep financial books and records in accordance with all applicable legal, regulatory
and fiscal requirements and accepted accounting practices.
- Deliver products and services meeting applicable quality and safety standards.
- Support compliance with this Code by establishing appropriate management processes
and cooperating with reasonable assessment processes requested by PepsiCo.
- Observe PepsiCo's policies regarding gifts and entertainment and conflicts of interest
when dealing with PepsiCo employees.
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