PepsiCo aims for net-zero greenhouse gas emissions by 2040

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PepsiCo Inc said on Thursday it aimed to achieve net-zero greenhouse gas emissions across its supply chain by 2040, as consumers and investors ...

NEW YORK: PepsiCo said on Thursday it aimed to achieve net-zero greenhouse gas emissions across its supply chain by 2040, as consumers and investors increasingly call upon big corporations to play their part in the fight against global warming.

The Purchase, New York-based company said it would first focus on its agricultural supply system, which contributes to a third of PepsiCo's greenhouse gas emissions, before turning to carbon sequestration. Other steps will include the use of renewable energy in its offices, recycled PET bottles for beverages, cutting back on business flights and creating sustainable packaging, the company said.PepsiCo and rival Coca-Cola, which has set its own target of cutting supply chain emissions by 25 per cent by 2030, have emerged as new targets for global activism because of the amount of single-use plastic waste they generate.

 

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