SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Instagram Outage Disrupts Thousands of U.S. Users 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
PepsiCo Inc. unveiled its plans to make its manufacturing plant in Northern Spain its first facility to reach net-zero emissions by the year 2025. The American food and beverage company said this is a global project that aims to reduce the carbon it discharges during production.
According to The Manufacturer, the PepsiCo plant is located in Álava, Basque Country, and mainly produces beverages such as the company’s own Pepsi soda and local brands - KAS and Bitter KAS. To achieve net zero emissions next year, the company boosted its electrification for the plant’s operations.
Electrification of Operations Led to Lower Carbon Emissions
The beverage manufacturer said that through electrification, it was able to eliminate about 1,849 tonnes of carbon per year. This production process at the plant in Spain has been using electricity from renewable sources since 2015.
Moreover, through this decarbonization project, PepsiCo said natural gas would be replaced by electric energy. As this continues, the company is confident it will reach its goal of 100% electrification of its plants after the two-year pilot program.
PepsiCo to Expand Its Sustainable Program for Its Global Facilities
PepsiCo’s announcement of the net-zero emission goal for its Spain plant comes after launching its most sustainable factory in Poland last year. Its Środa Śląska facility has been using new sustainability solutions such as rainwater collection for reuse and installing solar panels on the rooftop to generate its own energy.
This plant is expected to be climate-neutral by 2035. PepsiCo will strive to make all of its plants around the world environmentally friendly.
“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," ESG Today quoted PepsiCo Southwestern Eorope’s general manager, Pol Codina, as saying. “This brilliant news coincides with a very special date for us, our 50th anniversary. 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.”
Photo by: Pascua Theus/Pixabay
