PepsiCo has announced revised goals across climate, water, packaging, and agriculture, aligning with current global conditions and its business growth. The changes build on nearly four years of implementation under the company’s PepsiCo Positive (pep+) framework.
The company’s regenerative agriculture target now aims to reach 10 million acres by 2030—up from its previous 7 million. So far, 3.5 million acres have been transitioned. The new target includes a broader definition of regenerative practices and measurable environmental outcomes.
“In a changing world, we’re adapting how we grow, move, and sell,” said Chairman and CEO Ramon Laguarta. “pep+ is an investment in building a more resilient business and food system.”
PepsiCo also released a Climate Transition Plan with updated emissions targets across its entire value chain. These are now aligned with the 1.5°C pathway under the Science Based Targets initiative. The goal for net zero emissions is extended to 2050, reflecting new sector-specific science and guidance.
Packaging goals have shifted to focus on areas where impact is more achievable, given regulatory and infrastructure limitations. The company has discontinued its reuse target but continues to invest in recyclable and compostable designs.
In water stewardship, PepsiCo will maintain its goal to be net water positive by 2030 while concentrating efforts in high-risk regions.
“Our journey won’t always be linear,” said Jim Andrew, Chief Sustainability Officer. “But we’re committed to doing the work—adapting where needed and being transparent about what’s working and what’s not.”
PepsiCo plans to provide detailed updates in its 2024 ESG Summary later this year.