Organizations large and small have been voluntarily purchasing carbon credits to offset their emissions in the US for years. PepsiCo was one of the largest purchaser of these credits, but now they've decided to invest in alternative energy projects to directly shrink their carbon footprint.
By implementing this policy PepsiCo is no longer just offsetting carbon, they are offsetting market risks in both cost of carbon credits and cost of energy inputs. At the same PepsiCo is morphing its energy and carbon expenses into a long term asset. That's something even the bean counters can drink to!Read the full story at greenbiz.com
