Pepsi sugar draws ire
Investors in drinks giant PepsiCo have filed a shareholders resolution urging the company to account for alleged land-rights violations in Cambodia. The 14 shareholders – including Oxfam – are increasing the pressure on PepsiCo following Coca-Cola’s pledge earlier this month of “zero tolerance” towards land grabs. An Oxfam investigation last month found that PepsiCo, Coca-Cola, Associated British Foods (ABF) and their franchises have been linked to violent sugar-related land grabs in Cambodia. PepsiCo and ABF had yet to address the allegations made in Oxfam’s report Nothing Sweet About It, the charity said in a statement. …
Daniel Pye
http://www.phnompenhpost.com/national/pepsi-sugar-draws-ire