PepsiCo set to achieve its first net zero plant by 2025
The snack and beverage giant said its beverage plant in Northern Spain aims to become the company’s first plant globally to reach net-zero emissions by 2025.
This achievement follows investments of $29m in several sustainability projects at the Álava Basque Country plant over the past five years, in addition to a $5.38m decarbonization-focused electrification project.
The plant has used electricity from renewable sources since 2015, with the new electrification project ramping it up to 100%. The plant has also initiated a project to replace its remaining natural gas with electric energy.
According to PepsiCo, the electrification of the plant’s operations will eliminate 1,849 tons of CO2 per year.
“I am tremendously proud that our beverage plant in Álava aims to become the first in our company worldwide to have net-zero emissions next year,” said Pol Codina, GM of PepsiCo in Southwestern Europe.
“We are aware that we still have a long way to go to decarbonize our entire value chain and, to do so, we hope to be able to count on the maximum collaboration of all our partners.”
Under its pep+ sustainability framework, the company has is aiming to achieve groupwide targets of net zero emissions by 2040 and become water positive by 2030.
In 2023, PepsiCo opened a $343m plant in Poland, described by the company as its greenest factory in Europe as it incorporates renewable energy and a series of circular economy measures to reduce water waste and help address global food system challenges. The Środa Śląska plant is set to be climate neutral by 2035.