PEP · 10-Q · 2026Q2 · Full report

Climate Change Regulation

PEPSICO INC · 2026-07-09 · Importance 40 · Surprise 42

PepsiCo states that certain jurisdictions have imposed or are considering new legal and regulatory requirements to address climate change, including greenhouse gas emissions regulation and potential carbon pricing programs, which could require investments in facilities and equipment. Management cannot predict scope, timing or ultimate impact of such laws but acknowledges they could result in significant increased costs and additional capital spending. The company is monitoring existing and proposed rules and considering actions to mitigate potential unfavorable impacts on its business or financial results. This section flags transition and regulatory compliance risk related to climate policy.