- Sustainability Strategy and Goals
- Progress vs. Target Tracker
- Key Sustainability Innovations and Technologies
- Measurable Impacts
- Challenges and Areas for Improvement
- Future Plans and Long-Term Goals
- Comparisons to Industry Competitors
- FMCG Beverage and Snack ESG Metrics (Latest Available Data)
- What to Watch: 12 to 18 Month Indicators
PepsiCo, the food and beverage conglomerate operating in more than 200 countries with brands including Pepsi, Lay’s, Gatorade, Quaker, and Tropicana, released its 2024 ESG Summary in August 2025 covering fiscal year 2024 performance against its pep+ (PepsiCo Positive) sustainability strategy. The report marks the fourth year of pep+, a comprehensive transformation program that places sustainability and human capital at the center of business value creation across three pillars: Positive Agriculture, Positive Value Chain, and Positive Choices. In May 2025, PepsiCo also published its first Climate Transition Action Plan and simultaneously revised multiple sustainability targets, extending its net zero deadline from 2040 to 2050.
Source
https://www.pepsico.com/en/newsroom/press-releases/2025/pepsico-reports-2024-progress-against-pepsico-positive-pep-sustainability-and-nutrition-goals
https://www.pepsico.com/en/esg-topics/climate-change
https://www.pepsico.com/newsroom/press-releases/2025/pepsico-refines-sustainability-goals-to-position-business-for-the-long-term
Sustainability Strategy and Goals
PepsiCo’s pep+ strategy aligns with the Science Based Targets initiative. The company’s revised SBTi-validated targets, published in May 2025, include a 50% reduction in Scope 1 and 2 emissions by 2030 from a 2022 baseline, a 42% reduction in Scope 3 Energy and Industry (E&I) emissions by 2030, and a 30% reduction in Scope 3 Forest, Land and Agriculture (FLAG) emissions by 2030, all from the same 2022 baseline. The shift from a 2015 to a 2022 baseline, combined with the net zero target extension from 2040 to 2050, drew criticism from independent analysts who noted that the revised targets materially lower the ambition level.
Net Zero and Carbon Emissions
PepsiCo targets net zero emissions across its full value chain by 2050, supported by interim 2030 Scope 1, 2, and 3 reduction targets validated by SBTi. Total Scope 1 and 2 operational emissions reached approximately 5.09 million tCO2e in 2024, down 0.82% from 2023, while Scope 3 emissions were reported at 26 million tCO2e in 2024. Against the 2022 baseline, Scope 1 and 2 emissions fell 18% by end of 2024, reaching roughly the midpoint of the 2030 target in year two of a new eight-year plan.
- Total Scope 1 and 2 emissions in 2024: 5.09 million tCO2e, down 0.82% from 2023 and down 18% from 2022 baseline
- Total Scope 3 emissions in 2024: 26 million tCO2e, with purchased goods and services representing the dominant upstream category
- Total carbon footprint in 2023: approximately 58 million metric tonnes CO2e across all scopes; a 4% reduction from the 2015 baseline
- Net zero target revised from 2040 to 2050 in May 2025, with Scope 1 and 2 baseline shifted from 2015 to 2022
- Scope 1 and 2 target revised from 75% reduction by 2030 (2015 basis) to 50% reduction by 2030 (2022 basis)
Water Stewardship
PepsiCo targets becoming net water positive by 2030, meaning it will replenish more water than it consumes across all its manufacturing operations globally. In 2024, replenishment projects returned approximately 24 billion liters of water to local watersheds, covering approximately 75% of water used at company-owned manufacturing facilities in high water-risk areas. Since 2006, PepsiCo and its Foundation have helped over 96 million people gain access to safe water through distribution, purification, and conservation programs, meeting its original 2025 target ahead of schedule.
- Water replenished in 2024: approximately 24 billion liters globally
- Replenishment rate in high-risk watersheds: approximately 75% in 2024
- Active replenishment projects in 2024: 48 projects globally, including 16 launched during 2024
- Agricultural water-use efficiency in high-risk areas improved 22% vs 2015 baseline by 2024, exceeding target two years early
- Safe water access delivered to 96 million people since 2006, surpassing the 2025 target of 100 million ahead of schedule, with remaining 4 million targeted by 2030
Regenerative Agriculture
PepsiCo’s regenerative agriculture programme is its most advanced and differentiated sustainability initiative. The company introduced regenerative, restorative, or protective practices across 3.5 million acres of farmland in 2024, engaging approximately 20,000 farmers globally. These practices generated an estimated 1.6 million metric tonnes of on-farm GHG reductions, including soil carbon sequestration, against a 2030 target of reaching 10 million acres.
- Regenerative agriculture coverage in 2024: 3.5 million acres, up from 1.8 million acres in 2023
- On-farm GHG reductions attributed to regenerative practices in 2024: 1.6 million metric tonnes, including soil carbon sequestration
- Cumulative investment in farmer-facing regenerative agriculture partnerships: USD 216 million
- Partnerships include Walmart for soil health and water quality in the U.S. and Canada, Yara in Europe for fertilizer optimization, and the Positive Agriculture Outcomes Accelerator, which has deployed USD 5 million in grassroots projects across eight countries since 2022
- N-Drip low-energy precision irrigation technology deployed in India, Vietnam, and the U.S., reducing agricultural water use by up to 50% compared to conventional systems
Deforestation and Biodiversity
PepsiCo targets deforestation-free sourcing for high-risk commodities by 2025, with a deforestation and conversion-free target by 2030. The company uses satellite monitoring tools to detect supply chain deforestation risks in palm oil, sugarcane, and cocoa, and launched a new partnership with WWF Forests Forward in 2024. Sustainably sourced key ingredients reached 66% in 2024, with a target of 90% by 2030.
- Sustainably sourced key ingredients in 2024: 66%, with 1% in the “engaged tier” making active progress
- 90% sustainable sourcing target set for 2030
- Satellite monitoring deployed for deforestation risk detection in palm oil, sugarcane, and cocoa supply chains
- WWF Forests Forward partnership launched in 2024 for forest protection across agricultural supply chains
Packaging and Circular Economy
PepsiCo reduced virgin plastic tonnage in primary packaging by 5% in 2024 compared to 2023, while recycled plastic content across the same scope of packaging and key markets reached 15%. In May 2025, PepsiCo sunset several packaging commitments, including the 2025 goal to design 100% of packaging to be recyclable, compostable, biodegradable, or reusable, and eliminated a separate goal to scale reusable packaging models. The revised packaging goals retain a focus on reducing virgin plastic and increasing recycled content but lower the material innovation ambition level.
- Virgin plastic tonnage in primary packaging: down 5% in 2024 vs 2023
- Recycled plastic content in packaging: 15% in 2024 across key packaging markets
- 2025 recyclability design goal sunset in May 2025 alongside the reusable packaging scale-up commitment
- Recycled plastic target of 25% by 2025 not achieved; target revised as part of the May 2025 goal reset
- PepsiCo Spain: 100% recycled plastic Pepsi bottles achieved as of 2021, with the Álava plant on track to become the company’s first net-zero plant
Human Rights and Responsible Sourcing
PepsiCo’s Responsible Sourcing program covers 66% of its key ingredients through verified sustainable sourcing standards in 2024, with a commitment to expand to 90% by 2030. The company’s regenerative agriculture investment of USD 216 million in farmer-facing partnerships directly supports smallholder farmer livelihoods. PepsiCo’s water access programs have reached 96 million people globally since 2006, with a target of 100 million by 2030. The company has not published a formal living wage commitment equivalent to Unilever’s Fair Wage Network accreditation for own operations.
Nutrition and Health
PepsiCo surpassed two key 2025 nutrition targets one full year ahead of schedule in 2024. The company reported 67% of its beverage volume containing fewer than 100 Calories from added sugars per 12 oz. serving, meeting the 2025 target, and 77% of its convenient foods not exceeding 1.3 milligrams of sodium per Calorie, also meeting the 2025 target. These milestones align with the Positive Choices pillar of pep+, which centers on improving the nutritional profile of the company’s food and beverage portfolio.
- 67% of beverage volume: fewer than 100 Calories from added sugars per 12 oz. serving, hitting 2025 target one year early
- 77% of convenient foods: sodium not exceeding 1.3 mg per Calorie, hitting 2025 target one year early
- Portfolio reformulation ongoing across Lay’s, Gatorade, and Quaker platforms to reduce sodium, saturated fat, and added sugars
Community and Social Impact
PepsiCo’s social impact is most concentrated in agricultural communities. The regenerative agriculture programme engaged approximately 20,000 farmers in 2024, with the Positive Agriculture Outcomes Accelerator deploying USD 5 million to grassroots projects in eight countries. In India, the SWRDM (Sustainable Water Resource Development and Management) programme has established over 35 women-led self-help groups with 444 members in Punjab, Maharashtra, and Uttar Pradesh, linking water stewardship directly to rural women’s livelihoods. PepsiCo India has achieved 100% water replenishment at its Pune, Channo, and Kosi plants.
Governance and Transparency
A significant governance concern emerged in 2025 when PepsiCo revised multiple sustainability targets downward, extending net zero to 2050, reducing Scope 1 and 2 ambition by shifting the baseline from 2015 to 2022, and sunsetting several packaging commitments. The company justified the revisions by citing alignment with SBTi’s 1.5°C scenario and long-term business resilience. Independent analysts noted that the 2022 baseline shift, which begins measurement from a post-COVID recovery year with already-reduced emissions, makes the 50% reduction target significantly easier to achieve than the original 2015-baseline 75% reduction.
Technology and Innovation
PepsiCo’s most distinctive technology investment in sustainability is N-Drip, a low-energy gravity-fed precision drip irrigation system that reduces agricultural water consumption by up to 50% compared to conventional flood and sprinkler irrigation, without requiring electricity. The system is deployed at scale in India, Vietnam, and the U.S. within PepsiCo’s potato supply chain. For climate, the Álava plant in Spain is on track to become the company’s first net-zero manufacturing facility, having invested EUR 27 million over five years in electrification, renewable energy integration, and packaging equipment upgrades.
Global Partnerships and Advocacy
PepsiCo partnered with Walmart across U.S. and Canadian agricultural supply chains for soil health and water quality programs, and with Yara International in Europe to decarbonize crop production through precision fertilizer application. The company advocates publicly for a global plastics treaty, Extended Producer Responsibility (EPR) policies, and is a signatory of the Consumer Goods Forum’s Forest Positive Coalition. PepsiCo’s collaboration with the Guadalupe-Blanco River Authority in Texas to repair ageing water infrastructure demonstrates its local-first approach to watershed stewardship.
Source
https://www.pepsico.com/esg-topics/agriculture
https://www.pepsico.com/esg-topics/water
https://www.pepsico.com/en/esg-topics/climate-change
https://www.pepsico.com/newsroom/press-releases/2025/pepsico-refines-sustainability-goals-to-position-business-for-the-long-term
https://esgnews.com/pepsico-reports-2024-progress-on-pep-sustainability-and-nutrition-goals/
https://www.esgtimes.in/esg/annual-filings/pepsico-expands-regenerative-agriculture-to-3-5m-acres-in-2024/
Progress vs. Target Tracker
Source
https://www.pepsico.com/en/esg-topics/climate-change
https://www.pepsico.com/newsroom/press-releases/2025/pepsico-refines-sustainability-goals-to-position-business-for-the-long-term
https://www.business-humanrights.org/en/latest-news/pepsico-to-backtrack-its-climate-targets/
Key Sustainability Innovations and Technologies
PepsiCo’s N-Drip technology is the most distinctive sustainability innovation in its portfolio, delivering up to 50% agricultural water use reduction through gravity-fed precision drip irrigation without requiring electricity. The system is now deployed at commercial scale in PepsiCo’s potato supply chains in India, Vietnam, and the U.S., and addresses both the company’s Scope 3 agricultural water risk and its net water positive target simultaneously. It also reduces fertilizer runoff, a secondary environmental co-benefit not included in PepsiCo’s formal target framework.
The Álava manufacturing facility in Spain represents PepsiCo’s most advanced operational decarbonization case study. Following EUR 27 million in investment over five years, the plant is on track for full electrification and net-zero status, eliminating approximately 2,000 tonnes of CO2 annually through a combination of renewable electricity, packaging equipment upgrades, and logistics consolidation. This model is the reference case for PepsiCo’s broader manufacturing decarbonization programme across Europe.
For regenerative agriculture at scale, PepsiCo’s combination of the Positive Agriculture Outcomes Accelerator (USD 5 million in grassroots innovation), the Yara fertilizer optimization partnership, and the Walmart soil health collaboration represents a three-tier engagement model spanning grassroots innovation, supply chain input decarbonization, and retail partner co-investment. The USD 216 million cumulative investment in farmer-facing organizations anchors the programme financially, giving it staying power across commodity price cycles.
- N-Drip precision irrigation: 50% water reduction in potato farming; deployed in India, Vietnam, and the U.S.
- Álava net-zero plant: EUR 27 million invested; approximately 2,000 tCO2e eliminated annually upon full electrification
- 89% renewable electricity for company-owned operations in 2024, equivalent to approximately 3,900 GWh
- USD 216 million invested in farmer-facing regenerative agriculture partnerships cumulatively
- Positive Agriculture Outcomes Accelerator: USD 5 million deployed across eight countries since 2022
Source
https://www.pepsico.com/esg-topics/agriculture
https://esgnews.com/pepsico-outlines-plans-to-deliver-first-net-zero-plant-by-2025/
https://thecsruniverse.com/articles/pepsico-india-s-water-stewardship-driving-sustainability-and-community-resilience
Measurable Impacts
PepsiCo’s most meaningful performance improvements in 2024 came from agricultural and water programs. Regenerative agriculture practices scaled from 1.8 million to 3.5 million acres year-on-year, nearly doubling coverage and generating 1.6 million metric tonnes of on-farm GHG reductions. Water replenishment reached 24 billion liters globally in 2024, covering 75% of manufacturing water use in high-risk watersheds through 48 active projects. On energy, the 89% renewable electricity share in company-owned operations cut Scope 1 and 2 emissions by 18% from the 2022 baseline.
Nutrition performance was the standout result. Both the sugar and sodium reduction 2025 targets were surpassed a full year ahead of schedule, with 67% of beverages and 77% of convenient foods meeting the respective thresholds. Packaging progress remained slower, with recycled plastic content at 15% against an original 25% target for 2025, and the recyclability design goal sunset entirely.
- Regenerative agriculture: 3.5 million acres in 2024, up from 1.8 million in 2023, generating 1.6 million tCO2e in on-farm reductions
- Renewable electricity: 89% of company-owned operations in 2024, approximately 3,900 GWh
- Scope 1 and 2 emissions: down 18% vs 2022 baseline; 5.09 million tCO2e in 2024
- Water replenishment: 24 billion liters in 2024 across 48 projects in 39 countries
- Safe water access: 96 million people since 2006
- Recycled plastic content in packaging: 15% in 2024
- Sustainably sourced key ingredients: 66% in 2024
Source
https://www.pepsico.com/en/newsroom/press-releases/2025/pepsico-reports-2024-progress-against-pepsico-positive-pep-sustainability-and-nutrition-goals
https://www.pepsico.com/esg-topics/water
https://www.esgtimes.in/esg/annual-filings/pepsico-expands-regenerative-agriculture-to-3-5m-acres-in-2024/
Challenges and Areas for Improvement
PepsiCo’s most significant challenge is the combination of downward target revisions and the underlying gap in packaging and Scope 3 performance those revisions reflect. Shifting the net zero deadline from 2040 to 2050, moving the Scope 1 and 2 baseline from 2015 to 2022, and sunsetting multiple packaging commitments in a single announcement in May 2025 created a cumulative perception of retreating from ambition rather than responding to complexity. The recycled plastic target of 25% by 2025 was missed at 15%, and the 100% recyclability design target was dropped rather than extended.
Scope 3 disclosure quality fell significantly in 2024. PepsiCo’s 2024 Scope 3 reporting covered only 1 of 15 GHG Protocol categories, down from 6 in 2023, representing a 83% reduction in Scope 3 disclosure granularity. Independent analysts cannot verify whether total value chain emissions are on track for the 42% E&I reduction or 30% FLAG reduction by 2030 without category-level data. This transparency gap is particularly problematic given that SBTi validation applies to both Scope 3 pathways.
Sustainable sourcing at 66% of key ingredients in 2024 versus a 90% target for 2030 leaves a 24 percentage point gap to close in six years across a supply chain with known structural barriers, including smallholder farmer adoption, verification infrastructure costs, and commodity market volatility. The regenerative agriculture programme is the most credible mechanism for closing this gap, but at 3.5 million acres against a 10 million acre target, it covers 35% of the goal after four years of programme execution.
- Net zero target revised from 2040 to 2050; Scope 1 and 2 baseline shifted from 2015 to 2022 in May 2025
- Recycled plastic content: 15% in 2024 vs original 25% target for 2025; target not achieved and subsequently revised
- 100% recyclable, compostable, or reusable packaging design target: sunset in May 2025 without a replacement target
- Scope 3 GHG Protocol category disclosure fell from 6 to 1 category between 2023 and 2024
- Sustainably sourced ingredients: 66% in 2024 vs 90% target for 2030; 24pp gap
- Regenerative agriculture: 3.5 million of 10 million target acres achieved (35%) after 4 years of programme execution
Source
https://www.business-humanrights.org/en/latest-news/pepsico-to-backtrack-its-climate-targets/
https://www.fooddive.com/news/pepsico-sustainability-goal-revamp-packaging-plastic-emissions/748973/
https://tracenable.com/company/unilever/ghg-emissions
https://www.packagingdive.com/news/pepsico-anticipates-missing-2025-sustainability-goals-ESG-report/719441/
Future Plans and Long-Term Goals
By 2030, PepsiCo’s SBTi-validated targets require a 50% Scope 1 and 2 reduction from the 2022 baseline, a 42% Scope 3 E&I reduction, a 30% Scope 3 FLAG reduction, 100% renewable electricity in company-owned operations, and 10 million acres under regenerative agriculture. The net water positive goal also has a 2030 deadline, requiring replenishment to exceed consumption across all manufacturing globally. The 2030 sustainable sourcing target of 90% of key ingredients will require near-doubling of the current 66% coverage.
By 2050, PepsiCo targets net zero across its full value chain, relying on the combination of direct emissions reductions, supplier decarbonization through regenerative agriculture and clean energy transitions, and product reformulation to close the residual gap. The company has not published a financial roadmap linking capital expenditure to expected emissions outcomes, a gap Planet Tracker has also flagged for Unilever. The Álava net-zero plant model is expected to serve as a replication blueprint for similar manufacturing transformations globally.
Source
https://www.pepsico.com/en/esg-topics/climate-change
https://www.pepsico.com/esg-topics/agriculture
https://www.pepsico.com/esg-topics/water
Comparisons to Industry Competitors
Coca-Cola and Nestlé are PepsiCo’s most relevant sustainability comparators. Coca-Cola targets a 25% absolute emissions cut across its value chain by 2030 and 50% recycled content in packaging by 2030, alongside 100% recyclable packaging by 2025. PepsiCo’s revised net zero deadline of 2050 places it later than Unilever (2039) and Coca-Cola, which has not yet extended its own net zero target. Nestlé targets a 50% absolute reduction across its net zero scope by 2030 from a 2018 baseline, reporting 79.55 million tCO2e in 2023 versus PepsiCo’s 58 million tCO2e in the same year.
On regenerative agriculture, PepsiCo leads the FMCG sector with 3.5 million acres and a verified USD 216 million investment, a commitment with more geographic and financial specificity than comparable programmes at Nestlé or Coca-Cola. On packaging circularity, Coca-Cola currently leads PepsiCo on recycled content in its beverage bottle portfolio, with a more intact set of 2025 recyclability commitments compared to PepsiCo’s May 2025 target resets. On water, PepsiCo’s 24 billion liters replenishment and 96 million people with safe water access represent measurable community-scale impact unmatched by direct comparators at equivalent disclosure specificity.
FMCG Beverage and Snack ESG Metrics (Latest Available Data)
Source
https://carboncredits.com/coca-cola-vs-pepsico-2025-whos-leading-on-profits-and-planet-goals/
https://www.nestle.com/sites/default/files/2024-02/creating-shared-value-sustainability-report-2023-en.pdf
https://blog.gettransport.com/trends-in-logistic/soft-drinks-sustainability-showdown-coca-cola-vs-pepsico-who-leads-in-esg/
What to Watch: 12 to 18 Month Indicators
Full Scope 3 Category Disclosure in the 2024 Full ESG Report
PepsiCo’s 2024 ESG Summary reported Scope 3 emissions across only 1 of 15 GHG Protocol categories, down from 6 in 2023. The full 2024 ESG Report, expected to be published in late 2025 or early 2026, is the most critical near-term disclosure event. If the full report restores category-level Scope 3 transparency, it will allow independent verification of whether the E&I and FLAG reduction pathways are on track. If it does not, the reduced disclosure granularity will become a formal investor governance concern, given that SBTi-validated Scope 3 targets require reportable, verifiable progress data.
Regenerative Agriculture Acreage Trajectory at Mid-2030 Target Review
PepsiCo needs to more than double its regenerative agriculture coverage from 3.5 million to 10 million acres by 2030, a 186% increase in six years from a base that itself required four years to build. The 2025 acreage figure, expected in the next ESG Summary in mid-2026, will signal whether the programme is scaling at the rate required. Given that each doubling in acreage requires proportionally more farmer engagement, verification infrastructure, and partnership capital, a 2025 figure below 5 million acres would indicate the 2030 target is structurally underfunded relative to the scale of change required.
Packaging Recycled Content Progress Under Revised Targets
PepsiCo dropped its 2025 recyclability design goal and revised multiple packaging targets in May 2025. The 15% recycled plastic content in 2024 versus an original 25% target represents a 10 percentage point shortfall, and the replacement targets have not been published with the same specificity as the original commitments. The next annual packaging progress disclosure will establish whether PepsiCo’s revised framework produces a measurable upward trajectory in recycled content or whether the target reset effectively removes accountability. Any year-on-year decline in recycled plastic content from the 15% 2024 level would signal a structural reversal, not just a reset.
Source
https://www.pepsico.com/en/newsroom/press-releases/2025/pepsico-reports-2024-progress-against-pepsico-positive-pep-sustainability-and-nutrition-goals
https://www.business-humanrights.org/en/latest-news/pepsico-to-backtrack-its-climate-targets/
https://tracenable.com/company/unilever/ghg-emissions
PepsiCo’s 2024 sustainability performance contains a genuine split between strong agricultural and operational progress and a weakening packaging and transparency record. The regenerative agriculture programme, the water replenishment infrastructure, and the 89% renewable electricity achievement represent program-level execution at a scale that few FMCG companies have matched with equivalent financial backing. The nutrition milestone achievements, both ahead of schedule, also reflect product portfolio discipline that has not been consistently demonstrated across the sector.
The May 2025 goal revisions and the narrowing of Scope 3 disclosure categories in 2024 together create a credibility problem that sits independent of the operational achievements. A company that shifts its net zero deadline by 10 years, moves its emissions baseline to a more favorable starting point, and simultaneously reduces the granularity of its value chain emissions reporting in the same 12-month period makes it structurally difficult for ESG practitioners and investors to assess whether the SBTi-validated pathways will be followed. The agricultural and water leadership risks being overshadowed by the governance signals those choices send.
Three strategic takeaways for practitioners benchmarking or replicating PepsiCo’s approach:
- Regenerative agriculture at scale requires layered investment, not a single programme. PepsiCo’s three-tier model combining grassroots innovation funding through the Accelerator, commodity-level decarbonization through the Yara fertilizer partnership, and retail co-investment through Walmart is the reason the programme doubled acreage in a single year. Sustainability leaders building agricultural supply chain programmes should design for all three tiers simultaneously rather than sequencing them, because the bottleneck at each tier is different and all three are needed to move a commodity market.
- Scope 3 disclosure quality is a leading indicator of target integrity. When a company reduces the number of GHG Protocol categories it reports from 6 to 1 in a single year, it removes the ability for any external party to validate the emissions trajectory the SBTi commitment depends upon. Practitioners structuring Scope 3 programmes should treat category-level reporting as a non-negotiable governance standard, not an aspirational transparency goal, because it is the only mechanism through which suppliers, investors, and regulators can verify that value chain decarbonization is actually occurring.
- Nutrition target architecture can serve as a model for other ESG domains. PepsiCo’s decision to set calorie and sodium thresholds at the portfolio percentage level, with annual public reporting, created the accountability structure that drove both targets to early completion. The same architecture applied to packaging recycled content, with clear percentage thresholds by product category and annual public disclosure, would likely produce faster progress than the current approach of resetting targets when they are missed.
Source
https://www.pepsico.com/en/newsroom/press-releases/2025/pepsico-reports-2024-progress-against-pepsico-positive-pep-sustainability-and-nutrition-goals
https://www.business-humanrights.org/en/latest-news/pepsico-to-backtrack-its-climate-targets/
https://www.fooddive.com/news/pepsico-sustainability-goal-revamp-packaging-plastic-emissions/748973/
https://www.esgtimes.in/esg/annual-filings/pepsico-expands-regenerative-agriculture-to-3-5m-acres-in-2024/
