Walmart teams up with PepsiCo on sustainable ag goal

Why it matters: Greenhouse gasses contribute to climate change, which in turn leads to extreme weather events like recent global record-breaking heat waves.

Details: The companies say they'll invest up to $120 million to help U.S. and Canadian farmers adopt regenerative agriculture practices to improve soil health and water quality.

The big picture: Regenerative ag, in part, focuses on land management and livestock grazing to get nutrients back into the soil rather than relying on fertilizers.

• Potato, oat, corn, wheat, soybean and rice are crops used to make many PepsiCo products sold at Walmart.

The bottom line: Both Walmart and PepsiCo stated their goal is to reach zero emissions across their operations by 2040.

• Walmart reported a 23% reduction of all emissions through 2021, using 2015 as its baseline.
• PepsiCo, which also makes brands like Doritos and Lay's, reported reductions of 25% during the same years.