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In a bid to increase access to renewable energy for its value chain partners, PepsiCo has partnered with Schneider Electric to create pep+ REnew.

PepsiCo said the goal of the program is to educate its value chain partners about renewable energy choices and then speed up the transition to renewables through power purchase agreements (PPAs) and other procurement options.

PepsiCo chief sustainability officer Jim Andrew said pep+ REnew was part of the company’s goal to achieve net-zero emissions across the value chain by 2040.

“Net-zero cannot happen without our value chain partners taking bold climate action. Through pep+ REnew, we will encourage our partners to reduce their Scope 2 emissions through renewable electricity procurement, helping us meet our own Scope 3 goals,” Andrew said.

Photo courtesy of Ja San Miguel.