PepsiCo achieves greenhouse gas emission reduction target
Global food and beverage company PepsiCo has achieved its greenhouse gas (GHG) emission reduction target to help fight against climate change.
The company’s target to reduce GHG emissions across its value chain by at least 20% by 2030 was verified and approved by the Science Based Targets Initiative.
Science Based Targets Initiative is a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC).
PepsiCo's global research and development (R&D) vice-chairman and chief scientific officer Mehmood Khan said: "The Paris Climate Agreement that entered into force in April 2016 set out the obligation for collective action to limit the impact of climate change.
"We believe combating climate change is critical to the future of our company, our customers, consumers, and our world. Our new target represents a meaningful and measurable contribution to meeting the two-degree global goal."
As part of its ‘Performance with Purpose vision’, PepsiCo has already limited its GHG emissions. The company achieved an 18% improvement in the energy efficiency of its legacy operations between 2006 and 2015 and also extended its use of renewable energy.
PepsiCo reduces its emissions by shifting to renewable power for manufacturing where feasible alongside making use of fiewer GHG-intensive packaging materials.
The company also works with suppliers to reduce their GHG impacts and with the farmers directly to help them reduce emissions in the field through programmes such as the PepsiCo Sustainable Farming Initiative.