PepsiCo sets targets for 100 percent renewable electricity by 2030

PepsiCo has ambitions to achieve 100 percent renewable electricity for direct operations across Europe by 2022 through investments in solar and wind, scaling up to renewable electricity in this category worldwide by 2030.

The F&B giant plans to further extend fully renewable electricity across all franchise and third-party operations by 2040, and achieve carbon neutrality by 2050. The move comes under pressure for increased sustainability from consumers and governments.

With PepsiCo’s scale, the transition to renewable electricity has the potential to reduce approximately 2.5 million metric tons of GHG emissions by 2040, according to the company.

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