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Justin Sullivan/Getty Images BY: LEIGHTON SCHNEIDER, ABC NEWS (NEW YORK) PepsiCo has announced a new climate plan that will reduce greenhouse gas emissions by more than 40% by 2030 – a doubling of the company’s previous climate initiative – while also pledging to achieve net-zero emissions by 2040. The food and drink giant says they will reduce emissions across its direct operations by 75% and its indirect value chain by 40%, based on a 2015 baseline. Direct operation emissions could include the manufacturing, shipping, or electricty used to produce products. Indirect emissions could include the plastic used to make bottles, or the growing of potatos or sugar cane. ....
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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 ....