Zug, Switzerland – 27 October 2017 - As part of its annual A list which names the world’s businesses leading on environmental performance, the CDP (Carbon Disclosure Project), the non-profit global environmental disclosure platform has recognised Coca‑Cola HBC as a global leader in corporate sustainability areas for climate and water.
Coca‑Cola HBC is one of only 25 companies to score an A rating for both climate and water. This achievement is the result of the Company’s actions during the last reporting year to manage environmental risks, cut carbon emissions and enhance water stewardship. Specifically, on Climate Coca‑Cola HBC contributed during the year to the global effort to limit the average temperature increase to below 2 degrees Celsius, by setting carbon emission reduction targets for its entire value chain.
The inclusion in CDP’s A list for water reflects Coca‑Cola HBC’s consistent adherence to pursuing best practices in water stewardship. Coca‑Cola HBC implements a publicly available water policy across its 28 countries, which ensures there is regular measurement of how much water is utilised, discharged and eventually consumed across its locations. This policy also includes supplier reporting on water use, risk mapping and management.
Marcel Martin, Group Supply Chain Director of Coca‑Cola HBC AG, commented: “We are very proud to be one of the 25 companies in the world which lead the way toward a more sustainable economy. Sustainability goes to the very heart of our business; in all the countries we operate, our people are very passionate and committed to implementing new and better solutions for protecting the environment".
The 2017 A List is comprised of 156 global companies, and has been produced at the request of 827 investors with assets of over US$100 trillion.
CDP’s Executive Chair Paul Dickinson said: “Congratulations to all the companies that made it onto the A List this year. It’s inspiring to see so many taking bold action to mitigate environmental risks and grasp the opportunities that come with the transition to a sustainable economy. These companies are driving the transition as we approach a tipping point on environmental action”.
The A-List and full company scores are available on CDP’s website: https://www.cdp.net/en/scores-2017
The scores are released on the same day as CDP’s second annual analysis in the series: Tracking progress on corporate climate action.
This year’s assessment reveals that more companies are setting increasingly ambitious and longer-term climate targets, while the transition to a low-carbon economy is also driving product innovation and the uptake of new tools for change.
About Coca‑Cola HBC
Coca‑Cola HBC is a leading bottler of The Coca‑Cola Company with an annual sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 595 million people. Coca‑Cola HBC offers a diverse range of primarily non-alcoholic ready to drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca‑Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities.
Coca‑Cola HBC is ranked food, beverage and tobacco industries’ leader in the Dow Jones Sustainability World and Europe Indices, and is also included in the FTSE4Good Index. Coca‑Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$100 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 6,300 companies with some 55% of global market capitalisation disclosed environmental data through CDP in 2017. This is in addition to the over 500 cities and 100 states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business Coalition. Please visit www.cdp.net or follow us @CDP to find out more.