Corporate Communications & Public Stance
SodaStream announced that it would shut down in solidarity with the Global Climate Strike in September 2019, when company communications identified Eyal Shohat as CEO 1. SodaStream’s September 2022 repositioning announcement also identified Shohat as CEO, but does not establish that he remains in that role 2.
In July 2015, then-SodaStream CEO Daniel Birnbaum told a U.S. House hearing that the company had been a primary target of BDS activity and defended its former Mishor Adumim facility 3. No public evidence identified of a verified post-19 July 2024 SodaStream or PepsiCo executive statement addressing Israel–Palestine, BDS, or Palestinian civilian harm.
Operations in Occupied or Contested Territories
The Court of Justice of the European Union recorded that Soda-Club Ltd. manufactured drink-makers, accessories, and syrups at Mishor Adumim in the West Bank in the underlying customs dispute concerning 2002 imports to Germany 4. The Court held that the EC-Israel Association Agreement and EC-PLO Agreement had distinct territorial applications, and stated that West Bank-origin products did not qualify for preferential treatment under the EC-Israel Agreement 4.
This ruling concerned the specified Soda-Club products and customs treatment rather than imposing a general corporate sanction on SodaStream or determining the status of all SodaStream products 4. In July 2015, Birnbaum described Mishor Adumim as SodaStream’s largest facility, with 1,300 workers including 500 Palestinians from the West Bank; this is historical testimony and does not establish current operations there 3.
In October 2014, SodaStream said it would move its Mishor Adumim plant to Lehavim, while a company representative described the decision as commercial and unconnected to pressure from pro-Palestinian groups 5. PepsiCo’s 2024 Form 10-K identifies an owned manufacturing plant in Lehavim, Israel, and lists SodaStream Industries Ltd., SodaStream International Ltd., and SodaStream Israel Ltd. as Israeli subsidiaries 6. PepsiCo’s 2025 annual report likewise identifies an owned International Beverages Franchise manufacturing plant in Lehavim, Israel 7.
The 2018 merger agreement required PepsiCo to maintain SodaStream’s then-current Lehavim manufacturing facility in Israel for at least 15 years after closing, subject to stated adjustments, substantially similar operations, and sufficient personnel 8. No public evidence identified of a current SodaStream-operated facility, confirmed authorised reseller, or service contract in an Israeli settlement in the focused sources.
Internal Governance, Content & Retail Policies
The historical CJEU proceeding concerns tariff-origin treatment for Soda-Club products made at Mishor Adumim and is not a finding concerning SodaStream’s current retail-labelling practices 4. A 2011 European Parliament written question reproduced allegations attributed to a Who Profits report concerning manufacture in Mishor Adumim and customs-origin information, but it was a parliamentarian’s question rather than an institutional adjudication 9.
No public evidence identified of SodaStream HR discipline, litigation, union action, employee-speech enforcement, platform moderation, mapping policy, editorial policy, or regulatory inquiry specifically concerning Israel–Palestine in the focused sources. No public evidence identified of verified post-relocation product-labelling practices relating to the former Mishor Adumim operation.
Brand Heritage & State Partnerships
SodaStream International Ltd. was incorporated under Israeli law, and PepsiCo completed its acquisition of all outstanding SodaStream shares in December 2018 for $144 per share in cash 10, 11. The merger agreement identifies the acquisition vehicle, Saturn Merger Sub Ltd., as an Israeli company wholly owned by PepsiCo 11.
SodaStream’s 2017 Form 20-F stated that the company was incorporated in Israel on 8 March 2007 and that its historical articles permitted it to engage in “any legal business” 12. This is historical charter disclosure, and no current articles were located in the supplied evidence 12.
No public evidence identified in the reviewed corporate filings of a state-held share, golden share, charter provision, or founding-document mandate directing SodaStream to advance Israeli state geopolitical objectives. PepsiCo’s merger materials instead record a manufacturing-location covenant for the Lehavim facility 8.
The supplied document-scoped review found no SodaStream mention in the 2023 OHCHR settlement-business database update or in the specified 2025 update 13. The supplied document-scoped review also found no SodaStream mention in the UN Special Rapporteur report A/HRC/59/23, Amnesty International’s 2022 report, or Human Rights Watch’s 2021 report 14, 15, 16. These are document-scoped findings and do not establish the absence of settlement-related activity in other sources 13, 14, 15, 16.
The BDS Movement’s November 2024 corporate-priority-target guide lists SodaStream, which establishes the campaign’s own designation rather than independently verifying its stated grounds 17. AFSC Investigate documents historical student divestment or purchasing resolutions from 2012–2018 that cited the former factory’s settlement location, but its compilation was not independently verified here as to every underlying resolution 18.
Lobbying, Advocacy, Financing & Logistics
PepsiCo’s public-policy guidelines, updated 27 March 2026, state that political contributions are approved by a Corporate Affairs committee, reviewed by outside counsel, and overseen by the Board’s Sustainability and Public Policy Committee 19. The guidelines state that PepsiCo publishes annual corporate and PAC contribution disclosures and reports federal lobbying under applicable law 19.
PepsiCo identified agriculture, taxation, ingredients, trade, commodities, food security, recycling, environmental sustainability, and artificial intelligence among its 2025 public-policy issues, without identifying Israel, Palestine, BDS, or Middle East trade as listed priorities 19. PepsiCo’s Concerned Citizens Fund is an active federal corporation PAC connected to PepsiCo, but the reviewed committee record does not itself identify Israel–Palestine-related recipients or spending 20.
A 2022 shareholder proposal in PepsiCo’s SEC no-action file sought annual disclosure of global public-policy and political-influence activity, including non-U.S. lobbying and charitable donations, and the SEC did not concur that PepsiCo could exclude it as multiple proposals 21. This record concerns shareholder-proposal disclosure mechanics rather than Israel–Palestine due diligence 21.
No public evidence identified in the focused research of SodaStream-directed IDF, FIDF, settlement-organisation, or military-welfare donations; military logistics; reservist-pay subsidies; or crisis-asset mobilisation. No public evidence identified of a verified current SodaStream or PepsiCo anti-BDS lobbying record or Israel–Palestine-specific public-policy intervention in the supplied source set.
Corporate Structure & Primary Mission
PepsiCo’s 2025 Form 10-K identifies SodaStream as a PepsiCo brand/business and places the SodaStream business in the International Beverages Franchise reporting segment 22. PepsiCo’s current subsidiary schedule lists SodaStream International Ltd., SodaStream Israel Ltd., SodaStream Industries Ltd., and So Spark Ltd. in Israel, alongside named SodaStream entities in the Netherlands, United States, Australia, Canada, France, Germany, Japan, New Zealand, Poland, South Africa, Sweden, Switzerland, Spain, Austria, Curaçao, and the British Virgin Islands 23.
The Bloomberg LEI record identifies SodaStream International Ltd. as an active Israeli limited company registered under entity ID 513951251, with its legal and headquarters address listed as Atir Yeda 1, Kfar Saba, Israel 24. The LEI record marks the entity-validation field as fully corroborated while noting that the address field is entity-supplied 24.
The reviewed evidence establishes PepsiCo group inclusion but does not identify every intermediate owner immediately above SodaStream International Ltd. within PepsiCo’s multi-entity chain 23. No public evidence identified of a separate beneficial owner, state ownership interest, or controlling shareholder distinct from PepsiCo in the reviewed corporate materials.
Executive & Leadership Footprint
PepsiCo’s 2025 annual-report materials identify Ramón L. Laguarta as PepsiCo Chairman and Chief Executive Officer 7. PepsiCo’s 2026 proxy identifies 13 director nominees: Jennifer Bailey, Cesar Conde, Ian Cook, Edith Cooper, Susan Diamond, Dina Dublon, Michelle Gass, David Gibbs, Ramón Laguarta, Sir Dave Lewis, Robert Pohlad, Daniel Vasella, and Alberto Weisser 25.
The proxy states that PepsiCo directors and executive officers as a group held less than 1% of common stock as of 26 February 2026, identifies Vanguard as the only disclosed holder exceeding 10% at 10.1%, and reports BlackRock at 8.2% 25. The same filing does not identify an individual controlling shareholder 25.
The PepsiCo annual-report and proxy materials do not present a separate SodaStream board, executive committee, or SodaStream-specific controlling shareholder 7, 25. No public evidence identified of a separately verified current SodaStream CEO, chair, board roster, or principal-linked foundation or personal vehicle associated with Israel–Palestine-related donations, investments, or affiliations.
Footnotes
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https://www.prnewswire.com/news-releases/sodastream-announces-shut-down-this-friday-in-solidarity-with-the-global-climate-strike-300921049.html ↩
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https://www.prnewswire.com/il/news-releases/sodastream-the-world-s-leading-sparkling-water-brand-unveils-a-360deg-repositioning-848362608.html ↩
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https://www.congress.gov/114/meeting/house/103839/documents/HHRG-114-GO06-Transcript-20150728.pdf ↩ ↩2
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https://curia.europa.eu/site/upload/docs/application/pdf/2010-02/cp100014en.pdf ↩ ↩2 ↩3 ↩4
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https://www.theguardian.com/business/2014/oct/29/sodastream-move-factory-west-bank-israel-slash-forecast ↩
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https://investor.pepsico.com/docs/default-source/investors/q4-2024/q4-2024-form-10k_kgcva0jf89d2927o.pdf ↩
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https://www.sec.gov/Archives/edgar/data/77476/000130817926000172/pep015012-ars.pdf ↩ ↩2 ↩3
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https://www.sec.gov/Archives/edgar/data/1502916/000114420418049220/tv502666_ex99-1.htm ↩ ↩2
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https://www.europarl.europa.eu/doceo/document/E-7-2011-009986_EN.html ↩
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https://www.pepsico.com/newsroom/press-releases/2018/pepsico-completes-acquisition-of-sodastream-international-ltd ↩
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https://www.sec.gov/Archives/edgar/data/1502916/000114420418045429/tv501345_ex99-1.htm ↩ ↩2
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https://www.sec.gov/Archives/edgar/data/1502916/000155837018002311/soda-20171231x20f.htm ↩ ↩2
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https://www.ohchr.org/sites/default/files/documents/hrbodies/hrcouncil/sessions-regular/session31/database-hrc3136/23-06-30-Update-israeli-settlement-opt-database-hrc3136.pdf ↩ ↩2
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https://www.amnesty.org/en/documents/mde15/5141/2022/en/ ↩ ↩2
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https://www.hrw.org/report/2021/04/27/threshold-crossed/israeli-authorities-and-crimes-apartheid-and-persecution ↩ ↩2
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https://investigate.afsc.org/company/sodastream-international ↩
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https://www.pepsico.com/en/esg-topics/public-policy-engagement-political-activities-and-contribution-guidelines ↩ ↩2 ↩3
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https://www.sec.gov/divisions/corpfin/cf-noaction/14a-8/2022/harringtonpepsico031222-14a8.pdf ↩ ↩2
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https://www.sec.gov/Archives/edgar/data/77476/000007747626000007/pep-20251227.htm ↩
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https://www.sec.gov/Archives/edgar/data/77476/000007747626000007/pepsico202510-kexhibit21.htm ↩ ↩2
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https://lei.bloomberg.com/leis/view/549300Q2EO1ZA5JW3341 ↩ ↩2
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https://www.sec.gov/Archives/edgar/data/77476/000130817926000169/pep015012_def14a.htm ↩ ↩2 ↩3 ↩4