PepsiCo doubles its climate goal and commits to carbon neutrality by 2040

PepsiCo announced plans to more than double its climate goal, and commits to achieve net-zero emissions by 2040.

Before reaching carbon neutrality by 2040, the manufacturer intends first 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 (against a 2015 baseline). This will 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.

IGD