Worker at a potato farm in Mae Sot, Thailand.
Acting ethically and building trust with our customers, our consumers and the communities we serve is what makes PepsiCo a world-class company.
PepsiCo’s commitment to human rights is guided by the United Nations (UN) Universal Declaration of Human Rights and related international covenants.
While governments are responsible for protecting human rights through legal frameworks, businesses have a corporate responsibility to respect all human rights.
As a signatory to the UN Global Compact, we are committed to aligning our policies, operations and strategies with its universally accepted principles, including those for human rights and labor standards.
An associate at the Yangon bottling facility in Myanmar.
The Code applies to every employee, officer and director of PepsiCo; to our subsidiaries; and to those joint ventures over which we have management control. Each of us is expected to embrace the principles of our Code and:
- Show respect in the workplace.
- Act with integrity in the marketplace.
- Ensure ethics in our business activities.
- Perform work responsibly for our shareholders.
Each year we conduct an annual worldwide Global Code of Conduct Training and Awareness program that reaches all levels of associates throughout all our businesses across the globe.
The Code has been translated into more than 30 languages to make it more accessible to our global employee base.
In 2013, more than 65,200 salaried employees completed an online training course and more than 100,000 frontline employees in our plants and warehouses received in-person Code of Conduct training.
Supplier Code of Conduct
PepsiCo’s Supplier Code of Conduct applies to third parties acting on our behalf or performing work for PepsiCo and clarifies our global expectations in the areas of labor practices, associate health and safety, environmental management and business integrity.
DID YOU KNOW
In 2008, PepsiCo joined the United Nations Global Compact, committing to implement its fundamental principles on human rights, labor, environment and anticorruption. In 2012, we also endorsed the United Nations Guiding Principles on Business and Human Rights.
The Supplier Code of Conduct is available in 25 languages and appears in our procurement contracts globally.
Throughout 2013, PepsiCo conducted enhanced Supplier Code of Conduct training with more than 100 key agricultural suppliers and other third parties, including our North American corn and potato growers, our North American co-packers and a major Brazilian citrus grower.
In January 2014, we rolled out Supplier Code of Conduct training online in six languages on www.pepsico.com. Strategic suppliers critical to our business are required to complete the online training in 2014, and we will track their progress to ensure the requirement is met.
In January 2014, 400 Global Procurement associates were trained in our Supplier Code of Conduct strategy and in how to communicate training requirements to our suppliers.
In everything we do, we strive for honesty, fairness and integrity.
We expect that governance, risk, and compliance and ethics matters are always top of mind for everyone at PepsiCo, from our board of directors and senior leaders, to our employees and suppliers.
Our relentless pursuit of excellence is supported by an integrated and collaborative governance framework, and is cascaded throughout our organization through continual communication and best practices training in governance, risk management, and compliance and ethics.
Governance and Ethics Honors
PepsiCo has been recognized for translating its policies on governance and ethics into action.
And we were honored for having the Best Governance, Risk and Compliance Program at a Large-Cap Company at the New York Stock Exchange Governance Services’ Governance, Risk & Compliance Leadership Awards.
In 2013, PepsiCo was recognized by Corporate Secretary magazine as having the Best Overall Governance, Compliance and Ethics Program (Large Cap).