PepsiCo profits at the expense of people, planet: Rainforest Action Network - News Summed Up

PepsiCo profits at the expense of people, planet: Rainforest Action Network


The Rainforest Action Network or RAN shows that PepsiCo is also earning billions by turning palm oil -- a cheap and controversial ingredient -- into its snacks and sugary fountain drinks sold across the globe. "PepsiCo uses enough palm oil every single year to fill Pepsi cans full of palm oil that would stretch around the earth at the equator 4 times,” the report released on April 27 said. Even if it does not contain trans fats, there are other hidden problems with palm oil, however. RAN Executive Director Lindsey Allen wrote a letter to PepsiCo CEO Indra Nooyi and said “to date, under your leadership, PepsiCo has not done enough to address the conflict palm oil in its supply chain”. PepsiCo’s ‘business as usual’ approach to the cheap conflict palm oil in its supply chain means that it avoids the true cost of its business, while the rest of the world pays the bill, she wrote.


Source: bd News24 May 05, 2017 06:11 UTC



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