Pepsico
PepsiCo, Inc., a global leader in the food and beverage industry, is headquartered in the United States. Founded in 1898, the company has evolved significantly, establishing a strong presence in North America, Latin America, Europe, Africa, and Asia. PepsiCo's diverse portfolio includes iconic brands such as Pepsi, Mountain Dew, Lay's, and Quaker, which are renowned for their quality and innovation. With a commitment to sustainability and health, PepsiCo has made strides in reducing sugar and enhancing nutritional value across its product lines. The company consistently ranks among the top players in the global market, recognised for its robust financial performance and strategic acquisitions. Notable achievements include its focus on environmentally friendly practices and community engagement, solidifying its position as a responsible corporate leader in the industry.
DitchCarbon Score
How does Pepsico's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Beverage Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pepsico's score of 84 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pepsico's reported carbon emissions
In 2023, PepsiCo reported total greenhouse gas emissions of approximately 58,000,000,000 kg CO2e, with Scope 1 emissions at about 3,400,000,000 kg CO2e, Scope 2 emissions at approximately 300,000,000 kg CO2e, and a significant 54,000,000,000 kg CO2e attributed to Scope 3 emissions, primarily from purchased goods and services (about 41,180,000,000 kg CO2e). PepsiCo has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 75% and Scope 3 emissions by 40% by 2030, using a 2015 baseline. This commitment is part of their broader goal to achieve net-zero emissions across their entire value chain by 2040, which is a decade earlier than the targets set by the Paris Agreement. These targets have been validated by the Science Based Targets initiative (SBTi) and include biogenic emissions and removals from bioenergy feedstocks. In 2021, PepsiCo successfully reduced its Scope 1 and 2 GHG emissions by 25% compared to the 2015 baseline, demonstrating progress towards its near-term goals. The company is also committed to further reductions, with a target to cut Scope 1 and 2 emissions by 50% by 2030 from a 2022 base year, alongside a 42% reduction in Scope 3 emissions within the same timeframe. PepsiCo's climate strategy reflects its commitment to sustainability and responsible environmental stewardship, aligning with global efforts to combat climate change.
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| 2015 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,757,530,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,968,184,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 49,549,162,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pepsico is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
