Home
/
RELIGION & LIBERTY ONLINE
/
ICCR Shareholders Target PepsiCo
ICCR Shareholders Target PepsiCo
Mar 16, 2026 6:04 AM

When New York City Mayor Michael Bloomberg issued his diktat against 20-ounce soft drinks earlier this year, the negative public outcry was tremendous.

es the Interfaith Council on Corporate Responsibility with proxy shareholder resolutions aimed at PepsiCo, the pany of Pepsi Cola, Tropicana, Quaker Oats, Frito Lay and Gatorade. At issue is PepsiCo’s freely acknowledged use of genetically modified organisms in several of its products.

Apparently the ICCR takes umbrage with GMOs and, by extension, PepsiCo’s use thereof. The ICCR proxy resolution calls for PepsiCo to label all products containing GMOs.

Trouble is ICCR fails to make its case against the use of GMOs other than a list of studies offering inconclusive evidence. Additionally, ICCR doesn’t provide any theological underpinnings for its objections other than the shareholders’ respective religious affiliations.

The ICCR proxy resolution prompted Paul Boykas, PepsiCo vice president of Global Public Policy and Federal Government Affairs, to respond in a detailed letter on March 19. In his letter, Boykas states:

Approval of genetically-modified foods differs from country to country, both in use and labeling. The differences reflect regional preferences, long time history and governmental priorities. PepsiCo strictly adheres to the regulatory requirements within the countries it operates.

As the issue has developed in the US, PepsiCo has expressed mitment to exploring ways to keep interested consumers informed. Challenges which we discussed with ICCR representatives include: petitive issues if there is a voluntary agreement (2) how to ensure the consumer is really informed, rather than just providing a notice (3) what type of information is the consumer seeking, and how will he or she best understand that information (4) the precedent of requiring labeling that is only informational, rather than related to a specific FDA requirement. We also discussed a variety of ways to keep consumers informed from labeling, to markings, to links to websites and smart applications, as well as QR codes. As we discussed, PepsiCo believes a state-by-state remedy not only does not help, but is likely to hurt, the overall situation. It would confuse consumers as well as dramatically impact costs to pany in which you hold shares with no real resolution to the matter.

Just so.

Boykas concludes: “[W]e would like to reiterate that PepsiCo is dedicated to producing the highest quality, greatest tasting food and beverage products in every part of the world. PepsiCo will only use products and ingredients which have met the standards of the appropriate governing food safety authorities wherever it does business.”

Unaddressed in Boykas’ letter are the reasons ICCR raised the issue in the first place. Certainly the ICCR members who filed the resolution (specifically: the Basilian Fathers of Toronto, Ms. Margaret Weber; Sisters of Charity of St. Elizabeth, NJ, Sr. Barbara Aires; Sisters of St. Dominic of Caldwell, NJ, Sr. Patricia Daly, OP; Adrian Dominican Sisters, Judy Byron, OP; Sisters of Charity of the Blessed Virgin Mary, Sister Gwen Farry; Benedictine Sisters of Virginia, Sr. Henry Marie Zimmermann, OSB; and School Sisters of Notre Dame Cooperative Investment Fund, Ethel Howley, SSND) present no religious justification for their objections.

Instead the ICCR resolution seems based solely on a faith in convoluted ideology rather than sound science and theological doctrine.

It’s true that the “right to know is a fundamental principle of democratic societies and market economics” as the proxy resolution states. However, there exists no underlying Christian principle to demand unnecessarily an expensive labeling process that will more than likely raise prices for those newly educated who simply wish to enjoy a soft drink and bag of chips.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
What is Gross Domestic Product (GDP)?
Note: This is post #70 in a weekly video series on basic economics. GDP is the market value of all finished goods and services, produced within a country in a year. But what does “market value” mean? And what defines a “finished good”? In this video, Marginal Revolution University helps us make sense of this important economic indicator by explaining how GDP puted. You’ll learn whythe eggs in your homemade omelet part of the GDP, but the eggs your baker...
The logic of the soul: 6 quotes from Whittaker Chambers’ ‘Letter to My Children’
In a recent Acton lecture, Greg Forster highlights the work of Whittaker Chambers, the former Soviet spy who converted to Christianity and became one of the most influential public voices in the fight against Communism. Chambers’ most famous and enduring work, Witness, is an astounding personal memoir and a literary treasure. It transcends genres, mixing the thrills of espionage and political intrigue with quiet spiritual reflections and jaw-dropping forays into moral philosophy, all in the service of a simple but...
Crushing religious schools with state funding
The UK government has crafted an educational mandate for religious schools that Sohrab Ahmari at Commentary calls “Orwellian.” Under the proposal, all schools would be required to teach children from age 4 and up “age-appropriate” content that includes information about same-sex marriage and transgenderism. Catholics, evangelicals, Orthodox Jews, Muslims, and others with traditional views on sex and gender would have ply. No exceptions. He notes that a senior government adviser stated it is “not OK for Catholic [or other religious]...
Keeping warm during the ‘Beast from the East’? Thank energy investors
As the UK beds down for the night, it is blanketed with government alerts that traveling out into the snow-covered landscape might prove deadly – as it already has for 10 people ranging in age from seven to 75. The snowfall may total more than 19 inches, as Storm Emma collides with the “Beast from the East.” Subzero temperatures also strained energy supplies on Thursday, triggering the largest spike in consumer demand in eight years. While far from perfect, the...
Justice Alito exposes the hypocrisy of liberal double-standards
You probably haven’t even heard about it, but yesterday there was an exchange in the Supreme Court that future generations will regard as one of the most significant revelations of our political era. The case of Minnesota Voters Alliance v. Mansky concerns a Minnesota statute that broadly bans all political apparel at the polling place. When Andrew Cilek went to vote in 2010, he wore a shirt bearing the image of the “Don’t Tread on Me” flag and a button...
Oscar-winner ‘Coco’ is a free-market family gem
Last night, Coco joined the elite group of animated films to win a “grand slam”: the Golden Globe, BAFTA, theAnnie Award,andan Oscar. Neither of the victories at last night’s 90th annual Academy Awards came as a surprise – fans have dubbed the Best Animated Feature Film category “the Pixar award” – but the blockbuster’s plot touches on how the free market rewards or rebuffs unethical practices, how technological progress brings justice, and the eternal significance of vocation and memory. The...
Milton Friedman debates President Trump on trade
Many of us thought it was empty rhetoric or that an advisor who had read an economics textbook would talk him out of it. But yesterday President Trump announced he’ll keep his campaign promise to start a trade war by slapping tariffs of 25 percent on foreign-made steel and 10 percent on aluminum. On Twitter, the president followed up with the bafflingly, ment that, When a country (USA) is losing many billions of dollars on trade with virtually every country...
Alex Chafuen awarded for an exemplary career in defense of freedom
Today The Instituto Juan de Mariana has awarded the “Premio Juan de Mariana” to Acton’s Director of International Outreach Alex Chafuen. This award recognizes an exemplary career in the defense of freedom and liberty. The Juan de Mariana Prize is presented at the Freedom Dinner as a part of Freedom Week. Chafuen was recognized especially for his work at the Atlas Network. During 26 years with Chafuen in a leading role, Atlas brought together more than 450 institutions from almost...
How the Reformation led to a reallocation of religious resources
Soon after Martin Luther nailed his ninety-five theses to the church door at Wittenberg (if he even did), Protestants began to be blamed for unleashing many of the destructive influences of Western Civilization. As a Baptist, I thinkthe criticisms are overstated (and thatthe good of the Reformation far outweighs the bad) but they aren’t wholly without merit. There is more than a grain of truth that anunintended effect of the Protestant Reformation was to increase the rapid expansion of secularization....
Misreading capitalism
‘A statue of Adam Smith on Edinburgh’s Royal Mile’ by Zenit CC BY-SA 3.0 At this year’s LibertyCon Byran Caplan, Economist at George Mason University, and Elizabeth Bruenig, columnist for the Washington Post, debated the perennial question of ‘Socialism vs. Capitalism.’ Both Caplan and Bruenig have posted their opening statements and it is an interesting and engaging exchange. Caplan is charitable, well-reasoned, and clear and Bruenig is both gracious and an engaging storyteller. Bruenig’s story while superficially plausible makes many...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved