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PepsiCo Doubles Down on Climate Goal and Pledges Net-Zero Emissions by 2040

PepsiCo, Inc. (NASDAQ:PEP) today 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.

Brand Provided | By PepsiCo | Published 4 years ago | About a 0 minute read

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 more than five million cars off the road for a full year.

Read full release here. 

PepsiCo
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Published Jan 14, 2021 7am EST / 4am PST / 12pm GMT / 1pm CET

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