Pepsico

Pepsico's reported carbon emissions

PepsiCo, a prominent US-based beverages company, is committed to significant carbon emission reductions. In 2023, the company reported total global GHG emissions of approximately 58 billion kg CO2e. This figure comprises Scope 1 emissions of roughly 3.38 billion kg CO2e, Scope 2 emissions totalling approximately 300 million kg CO2e (market-based), and substantial Scope 3 emissions amounting to around 54 billion kg CO2e. PepsiCo has set ambitious climate targets, including a commitment to achieve net-zero emissions by 2040. In line with its Science Based Targets initiative (SBTi) commitments, the company aims to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 75% and its Scope 3 GHG emissions by 40% by 2030, using a 2015 baseline. These targets are designed to align with a 1.5°C warming scenario. Further detailed targets include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2022 base year, and a 42% reduction in absolute Scope 3 GHG emissions across specific categories (purchased goods and services, fuel and energy related activities, business travel, downstream transportation and distribution, and franchises) within the same timeframe. Looking further ahead, PepsiCo aims to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2022 base year, with a corresponding 90% reduction in absolute Scope 3 GHG emissions. The company also commits to reaching net-zero greenhouse gas emissions across its value chain by 2050.