PepsiCo named one of the world's most ethical companies

Since 2007, Ethisphere has honoured companies that recognise their fundamental role in influencing and driving positive change in the business community and in societies around the world.

This year, for the twelfth consecutive year, the institution includes on its list 135 companies from 23 countries and 57 industries, among them, proudly, PepsiCo. The company is thus recognised for its role in society, for influencing and driving positive change while considering the impact of its actions on its workers, investors, customers and the communities where it operates, framed by its values and culture as the basis for the decisions it takes day to day.

"This honour reflects the hard work of the men and women of PepsiCo, whose integrity makes our success possible, and I want to thank Ethisphere for recognising their achievements once again. It demonstrates PepsiCo's commitment to doing the right thing for the company and responding to the world's needs," said Diego Castagnino, legal director, who also thanked all the organisation's staff for promoting an ethical, diverse and inclusive culture.

The assessment is based on the Ethisphere Institute's Ethics Quotient framework, which offers a quantitative way of assessing a company's performance objectively, consistently and to a standard. Scores are generated across five key categories: ethics and compliance programme (35 per cent), corporate citizenship and responsibility (20 per cent), ethical culture (20 per cent), governance and leadership (15 per cent) and innovation and reputation (10 per cent).

"Over the past 12 years we have seen repeatedly that companies focusing on transparency and authenticity are rewarded with the trust of their employees, their customers and their investors. Negative headlines may attract attention, but companies that support the rule of law and operate with decency and fair competition around the world will always succeed in the long term," explained Timothy Erblich, chief executive of Ethisphere.