Harrison, New York – On Thursday, PepsiCo Inc. announced plans to more than double its science-based climate goal, targeting a reduction of absolute greenhouse gas emissions across its supply chain by more than 40% by 2030.

This action is expected to result in the reduction of more than 26 million metric tons of emissions – or the equivalent of taking more than 5 million cars off the road for a full year.

In addition, the snack and beverage company has pledged to achieve net-zero emissions by 2040, one decade earlier than called for in the Paris Agreement.

The company's emissions target aligns with the Business Ambition for 1.5°C (or 2.7°F) pledge and has been approved by the Science Based Targets initiative as the most ambitious designation available through their process.