PepsiCo, Inc. (PEP  ) has recently doubled down on its climate change goal, pledging to reach net-zero emissions by 2040. This decision comes as consumers and investors have increasingly pressured big corporations to modify their operations to address global warming.

The company stated that it will initially reduce greenhouse gas (GHG) emissions from operations by 75% and by 40% in other areas outside its own manufacturing and supply chains by 2030. Furthermore, PepsiCo's goal is to reach net-zero emissions by 2040, a decade before the Paris Climate Agreement's target. PepsiCo's climate action is predicted to eliminate more than 26 million metric tons of GHG emissions.

"The severe impacts from climate change are worsening, and we must accelerate the urgent systemic changes needed to address it," said Chief Executive Officer Ramon Laguarta in a statement. "Climate action is core to our business as a global food and beverage leader and propels our PepsiCo Positive journey to deliver positive outcomes for the planet and people. Our ambitious climate goal will guide us on the steep but critical path forward--there is simply no other option but immediate and aggressive action."

In addition, PepsiCo will enhance the quality of smart irrigation systems, boost soil health, and eliminate deforestation, according to Jim Andrew, PepsiCo's Chief Sustainability Officer, in an interview with Reuters.

PepsiCo, moving forward, plans to decrease direct GHG emissions in any way that it can. The company plans to further scale sustainable agriculture and regenerative practices that will both help reduce emissions and improve soil health and biodiversity as well as decresitoon deforestation and increase productivity for farmers. PepsiCo also plans to decrease its use of virgin plastics and increase the use of recycled material in its products.

In effort to carry out these specific goals, PepsiCo has partnered with the energy company Orsted to construct two new wind projects in Texas and Nebraska that will supply nearly a quarter of PepsiCo's electricity needs through renewable resources.

PepsiCo's goals are significant because they demonstrate the change that is need to address global environmental issues. This decision to speed up its efforts to meet net-zero emissions by 2040 may cause other companies to join in its effort, especially as consumers become more conscience towards sustainability.

"Our climate ambition is at the very heart of accelerating our global sustainability progress, and we are using our scale and reach to build a more sustainable and regenerative global food system," said Jim Andrew in a statement. "It's long overdue that companies move beyond just minimizing their environmental impact, they must actively work to improve and regenerate the planet."