You are here: Home » International » News » Companies
Business Standard

Climate change: PepsiCo aims for net-zero greenhouse gas emissions by 2040

The food-and-beverage giant generated about 57 million metric tonnes of greenhhouse gas emissions globally in 2019

Topics
PepsiCo | greenhouse gas emissions

Siddharth Cavale | Reuters 

Pepsi, PepsiCo
Representational image

Inc said on Thursday it aimed to achieve net-zero 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 Doritos chips and Tropicana juice maker said it would initially cut from its operations by 75% and by 40% in areas that are outside its own manufacturing processes and supply chain by 2030.

The food-and-beverage giant generated about 57 million metric tonnes of greenhhouse gas emissions globally in 2019, according to its latest annual sustainability report. Over the next nine years, it hopes to cut those emissions by just under half, or an absolute 26 million metric tonnes.

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.

will accelerate the use of smart irrigation systems, improve soil health and reduce deforestation, its chief sustainability officer, Jim Andrew, said in an interview with Reuters.

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.

and rival Coca-Cola, which has set its own target of cutting supply chain emissions by 25% by 2030, have emerged as new targets for global activism because of the amount of single-use plastic waste they generate.

Last year tied with 2016 as the world's warmest year on record, rounding off the hottest decade globally, with scientists saying countries and corporations needed to slash quickly to avoid catastrophic

"We have to drive systemic change. That is going to require partnerships with customers, suppliers, co-packers ... and sometimes competitors to do all of that," Andrew said.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, January 14 2021. 16:50 IST
RECOMMENDED FOR YOU
.