PepsiCo signs low carbon ammonia deal with Envision Energy to cut supply chain emissions

M&A · Partnership
โดย Simply Wall St·Read original
Summary · why it matters

PepsiCo APAC has entered an environmental attribute agreement with Envision Energy to use low carbon ammonia in its agricultural supply chain. The deal allows PepsiCo to acquire and apply low carbon ammonia environmental attribute certificates to support its Scope 3 emissions targets from 2026 to 2030. The initiative focuses on decarbonizing upstream agricultural inputs, an emissions source that is often harder for food and beverage companies to address. PepsiCo stock trades at $139.56, with a return of 2.1% over the past week and 4.2% over the past year, while the 3-year return is down 16.1%.

Impact on stocks 1

Consumer Staples · 1 stocks
PepsiCo Inc
PEP
▲ PositiveSupplyrelevance

PepsiCo signs deal to use low carbon ammonia in agricultural supply chain, supporting Scope 3 emissions targets.

Off-coverage companies 1

Envision EnergyPrivate▲ Positive
Demandrelevance

Envision Energy secures environmental attribute agreement with PepsiCo for low carbon ammonia.