Pepsi wants to grow profits and shrink its carbon footprint. That requires the company to “go bigger” and “accelerate” climate action, a top sustainability exec says.
Pepsi''s sprawling global supply chains account for 93% of its carbon footprint. That supply chain is growing and emitting more greenhouse gas emissions. Pepsi''s top sustainability exec says that scaling clean energy and regenerative farming is key. This article is part of Insider''s weekly newsletter on sustainability, written by Catherine Boudreau, senior sustainability reporter. Snackers around the world consume some 1 billion Pepsi products every day. The ingredients in those snacks and drinks — plus the packaging, manufacturing, and shipping required to get everything from Cheetos to Gatorade into our hands — make up about 93% of PepsiCo''s greenhouse-gas output, also known as Scope 3 emissions. In 2021, the company announced a strategy to transform those supply chains so it could both grow profits and shrink emissions by 40% this decade. But Pepsi''s Scope 3 emissions rose 5% last year compared to 2015 levels, largely due to " unprecedented business growth ." Revenue jumped 25% during that time to nearly $80 billion.
Pepsi wants to grow profits and shrink its carbon footprint. That requires the company to “go bigger” and “accelerate” climate action, a top sustainability exec says.
Pepsi''s sprawling global supply chains account for 93% of its carbon footprint. That supply chain is growing and emitting more greenhouse gas emissions. Pepsi''s top sustainability exec says that scaling clean energy and regenerative farming is key. This article is part of Insider''s weekly newsletter on sustainability, written by Catherine Boudreau, senior sustainability reporter. Snackers around the world consume some 1 billion Pepsi products every day. The ingredients in those snacks and drinks — plus the packaging, manufacturing, and shipping required to get everything from Cheetos to Gatorade into our hands — make up about 93% of PepsiCo''s greenhouse-gas output, also known as Scope 3 emissions. In 2021, the company announced a strategy to transform those supply chains so it could both grow profits and shrink emissions by 40% this decade. But Pepsi''s Scope 3 emissions rose 5% last year compared to 2015 levels, largely due to " unprecedented business growth ." Revenue jumped 25% during that time to nearly $80 billion.