False claims about PepsiCo anti-racism contributions
In August, USA TODAY debunked claims that Pepsi had donated $400 million to the Black Lives Matter movement. Confusion came after former Fox Business Network host Lou Dobbs incorrectly claimed that several corporations pledged money to the movement during a July 16, 2020, broadcast. Dobbs acknowledged that his claims were inaccurate in a tweet the following day.
Alix Ekstrom, a PepsiCo spokesperson, told USA TODAY “the Pepsi brand has not made any such donation.” She stressed that PepsiCo would “be investing more than $400 million over 5 years to address issues of inequality and create opportunities.”
The “PepsiCo’s Racial Equality Journey includes changes in the company s workforce, business partnerships, and “support for social programs that impact Black communities.”
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