Every megawatt-hour of electricity used to make some of Canadians’ favourite snacks and beverages – from Lay’s, Doritos, and Miss Vickie’s to bubly, Gatorade and Pepsi – will soon be matched with renewable energy from Canadian sources. All of PepsiCo Canada owned operations will leverage Canadian renewable energy, thanks to the company’s commitment to purchase enough renewable energy (RE) to match 100 per cent of its operations starting in 2023.
The Canadian operations transition will secure the benefits of more than 160,000 megawatt-hours (MWh) of electricity from renewable sources annually, equal to powering more than 14,000 Canadian homes per year.
In addition, the shift to sourcing renewable electricity will help offset the climate impacts of the company’s electricity usage.
PepsiCo has set an ambition to reach net-zero emissions by 2040, and Canada’s shift to RE helps advance progress toward that global goal, with more than 70 per cent of PepsiCo’s direct operations meeting its global electricity needs with renewable sources.
PepsiCo Canada will reach its target of matching its electricity consumption with 100 per cent RE this year through a Virtual Power Purchase Agreement (VPPA) with a subsidiary of TransAlta for a new wind farm in Alberta and the purchase of Canadian Green-e certified renewable energy certificates (RECs) from other Canadian wind sources.
The 12-year partnership with TransAlta includes the Hanna, Alberta-area Garden Plain Wind Project; a 14,000-acre plot of land that is expected to produce 130 megawatts (MW) of wind power per year.
As the company transitions to more renewable energy sources, its diversified energy portfolio will aim to invest back into the Canadian market.
For over 111 years, TransAlta has been a responsible and credible operator and a proud member of the communities where they operate.
TransAlta is one of Canada’s largest producers of wind power and Alberta’s largest producer of hydroelectric power.
TransAlta helps companies like PepsiCo Canada to reach their clean energy goals.
This comes at an exciting time for PepsiCo, as the company recently announced the opening of an industry-leading R&D Greenhouse Learning Center, a key milestone against its goal to have 100 per cent of packaging be completely recyclable, compostable, biodegradable, or reusable.
Furthering the company’s PepsiCo Positive (pep+) journey, PepsiCo Canada will begin to replace plastic drink carriers with cardboard carriers and pilot electric fleet vehicles in Canada later this year.
In addition, its direct operations are on track to achieve nearly zero waste to landfills in direct operations in 2023.