Most people just think of soda when they hear the name “Pepsi.” But in fact, PepsiCo is the nation’s largest food company and second largest in the world. Its annual earnings top $60 billion, from a dizzying array of brands. Walk down almost any supermarket aisle (soda, snacks, cereal, juice) and you’re likely to bump into a PepsiCo-owned product.
This explains why the company is the top contributor among food makers to the “No on 37” campaign in California—a ballot initiative that would require labeling of foods containing GMO ingredients. As reported by Michele Simon , PepsiCo is a member of the Grocery Manufacturers Association, a powerful trade group that has so far contributed $375,000 to the No on 37 campaign.
Why would PepsiCo pony up more than $90,000 just to keep Californians in the dark about what they are eating? Get a closer look at its “portfolio of products” (in corporate speak) to see exactly what’s at stake for the food giant at Organic Connections.