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PepsiCo (PEP) — Shareholders push for human-rights effectiveness disclosure ahead of AGM
Shareholders are urging PepsiCo to disclose the effectiveness of its human rights policies and due diligence systems ahead of its May 6 annual general meeting. Proposal 5, supported by various faith-based and institutional investors, requests outcome-focused reporting across direct operations, franchisees, and value chain relationships, citing current gaps in information regarding risk identification, mitigation, and remediation. The proponents emphasize that this is a call for decision-useful effectiveness disclosure, not merely more descriptive information or changes to sourcing strategies.