Pepsi announces goal of consuming 100% clean energy

PepsiCo Inc, the U.S. multinational that owns the Pepsi brand, announced in a statement a new goal of consuming 100 percent of electricity from clean sources by 2030 in all of its direct operations worldwide. In franchise and third-party facilities, until 2040. According to the company, this effort will ensure the removal of 2.5 million tons of greenhouse gas emissions by 2040.

To achieve the goal, the company will use a diverse set of solutions including so-called Power Purchase Agreements (PPAs). Through them, the multinational will support new clean energy projects around the world, such as wind and solar farms.

In addition, Pepsico signed a business ambition for 1.5°C commitment in early 2020, pledging to set science-based emissions reduction targets. The company is part of RE100, an initiative led by The Climate Group that brings together influential companies committed to clean sources. The initiative includes companies such as Nestlé, P&G, Unilever and Apple.

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