PepsiCo has announced plans to more than double its science-based climate goal, targeting a reduction of absolute greenhouse gas (GHG) emissions across its value chain by more than 40 percent by 2030, including renewable energy plans in the US, Mexico and Australia.
Specifically, PepsiCo plans to reduce absolute GHG emissions across its direct operations by 75 percent and its indirect value chain by 40 percent by 2030. This action is expected to result in the reduction of more than 26 million metric tons of GHG emissions or the equivalent of taking more than five million cars off the road for a full year.
“The severe impacts from climate change are worsening, and we must accelerate the urgent systemic changes needed to address it” said PepsiCo Chairman and CEO Ramon Laguarta. “Climate action is core to our business as a global food and beverage leader and propels our PepsiCo Positive journey to deliver positive outcomes for the planet and people. Our ambitious climate goal
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PepsiCo doubles down on climate goal
published : 15 Jan 2021 at 19:00
Pledges net-zero emissions by 2040
PepsiCo, Inc. has announced plans to more than double its science-based climate goal, targeting a reduction of absolute greenhouse gas (GHG) emissions across its value chain by more than 40% by 2030. In addition, the company has pledged to achieve net-zero emissions by 2040, one decade earlier than called for in the Paris Agreement.
Specifically, PepsiCo plans to reduce absolute GHG emissions across its direct operations (Scope 1 and 2) by 75% and its indirect value chain (Scope 3) by 40% by 2030 (2015 baseline). This action is expected to result in the reduction of more than 26 million metric tons of GHG emissions or the equivalent of taking