10/27/11: Pepsi Stockholders Complain about Company Policies
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Children of God for Life have filed a shareholder resolution with the Securities and Exchange Commission and PepsiCo on the use of aborted fetal cells for the research and development of flavor enhancers for pepsi products.
About a year ago PepsiCo entered into a 4 year agreement with Senomyx for the development of artificial high-potency sweeteners for PepsiCo beverages. Under the contract, PepsiCo is paying $30 million to Senomyx for the research and future royalties on PepsiCo products sold using the company’s technology.
In response, Children of God for Life launched a boycott joined by over two dozen other prolife organizations. Meanwhile, letters sent to PepsiCo Board Members and Senior Management have gone unanswered.