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Stock impact report

LA County sues Pepsi, Coca-Cola over plastic bottles [Yahoo! Finance]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
In a lawsuit filed Wednesday, the county alleged PepsiCo and Coca-Cola companies have misled the public about the recyclability of their plastic bottles and downplayed the negative environmental and health impacts of plastic disposal. “Coke and Pepsi need to stop the deception and take responsibility for the plastic pollution problems your products are causing," LA County supervisor Lindsey Horvath said in a statement. "Los Angeles County will continue to address the serious environmental impacts caused by companies engaging in misleading and unfair business practices.” Coca-Cola owns brands like Dasani, Fanta, Sprite, Vitamin Water, and Smartwater, while PepsiCo owns Gatorade, Aquafina, Mountain Dew, and more. The two companies have been ranked as the world's top plastic polluters for five consecutive years, and Coca-Cola has taken the number one spot for six years, according to global environmental group Break Free From Plastic. PepsiCo produces approximately 2.5 million metr Show less Read more
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