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Environment & Energy Report

PepsiCo Pledges to Achieve Net-Zero Carbon Emissions by 2040

Jan. 14, 2021, 10:00 AM

PepsiCo Inc. has pledged to achieve carbon neutrality by 2040, adding to the growing list of major companies including Amazon.com Inc. that aim to reach net-zero greenhouse gas emissions a decade ahead of scientists’ guidance.

The maker of Mountain Dew, Quaker Oats and Tropicana juice said the goals include curbing absolute emissions across its direct operations by 75% and its so-called Scope 3 emissions -- those generated in the supply chain or by customers using the products -- by 40% from 2015 levels by the end of this decade. Currently, Scope 3 emissions account for about 91% of PepsiCo’s carbon...

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