FDBusiness.com

Coca-Cola HBC Ranks Among Top Three Beverage Companies Globally For Sustainability

 Breaking News
  • HKScan Strengthens its Meals Offering With Investment in Estonia HKScan, the leading Nordic food company, plans to invest in its Rakvere unit in Estonia. The €8 million investment will go towards modernising the unit’s frying department, including the expansion of the building and the installation of new cooking and packaging lines enabling implementation of new technologies and packaging solutions. Construction is to commence in [...]...
  • Food and Drink is at the Heart of the UK’s Largest Packaging Show Packaging Innovations, Empack and Label&Print returns to Birmingham’s NEC on 28 February-1 March 2018, and is set to be the most innovative show to date. With over 290 exhibitors already signed up, the UK’s largest annual event for the entire packaging supply chain will feature the latest industry innovations and technologies, alongside a major free-to-attend [...]...
  • AGRO Merchants Group Acquires Grocontinental AGRO Merchants Group, a global leader in cold storage and logistics solutions, announced today the acquisition of UK-based Grocontinental Limited. This transaction reinforces AGRO’s position as the leading cold storage and logistics provider in the United Kingdom and Ireland, deepens its commodity expertise, and substantially enhances its value-added service offerings for customers. David Grocott and Linda Grocott, third generation owners of [...]...
  • Trade Fair and More – The Event and Congress Programme For Anuga FoodTec 2018 Resource efficiency will be the primary focus of Anuga FoodTec 2018, the leading international supplier fair for the food and beverage industry, which will be held in Cologne, Germany from 20 to 23 March 2018. Around 1,700 suppliers from more than 50 countries will be presenting their new products for the production and packing of [...]...
  • TINE to Invest €77 Million in New Jarlsberg Plant in Ireland TINE, Norway’s largest farmer-owned dairy co-operative, is to invest €77 million in a dairy with the capacity to produce 20,000 tonnes of Jarlsberg cheese a year. The goal is to secure and strengthen Jarlsberg sales outside of Norway as export supports are phased out in 2020. This will make export of Jarlsberg from Norway unprofitable. “Jarlsberg [...]...

Coca-Cola HBC Ranks Among Top Three Beverage Companies Globally For Sustainability

Coca-Cola HBC Ranks Among Top Three Beverage Companies Globally For Sustainability
June 04
14:16 2014

Coca-Cola HBC has published its 2013 Integrated Report. Titled ‘The best is yet to come’, the report discusses the company’s strategy and performance across a range of financial, economic, social and environmental indicators. One of the world’s largest bottlers of The Coca-Cola Company’s beverage products, Coca-Cola HBC has integrated sustainability throughout its business over the past decade.

The Company is now a Supersector leader in the FTSE4Good index and has been listed on the Dow Jones Sustainability Index (World and Europe) for six consecutive years. Among beverage companies, Coca-Cola HBC was ranked first in Europe and second in the world for sustainability.

“Integrated reporting reflects how our Company thinks and does business,” says Dimitris Lois, chief executive of Coca-Cola HBC. “This approach allows us to discuss material issues facing our business and communities and show how we create value, for shareholders and for society as a whole. We were delighted that our first integrated report was noted by a Harvard Business School study as a ‘best case example’ of this new approach to reporting. As a sustainability leader, we must continue to raise the bar.”

Highlights of the report:

Coca-Cola HBC gained or maintained volume and value share in its priority sparkling beverage category in 20 out of 24 measured markets. In 15 countries, it achieved all-time high volume shares. Although, net sales revenue declined by 2%, currency-neutral net sales revenue per case grew by 1%, maintaining the group’s growth trend for the third consecutive year. For the first time in the group’s history, it achieved a negative working capital position. This represents a €71 million – or 21% – improvement on 2012.

Coca-Cola HBC’s operational water footprint decreased by 2% in 2013, a reduction of 62% since 2004. Relative water use, the volume used to produce one litre of beverage, has improved 23% since 2004. The group’s carbon footprint (Scope 1 and 2 emissions) fell by a further 3% during 2013, or 6.4% since 2004. Energy efficiency, the amount used to produce one litre of beverage, has improved by 32% since 2004. Coca-Cola HBC has constructed 10 on-site Combined Heat and Power (CHP) plants and will commission a further five in the next two years. Landfilled waste has fallen by 74% since 2004 while the amount of waste generated per litre of beverage has fallen by 82%. In 2013, the group contributed in excess of €9.5 million in community programmes, over 2.5% of pre-tax profit. More than 2.1 million people participated in its active lifestyles programmes.

In developing the 2013 Integrated Report, Coca-Cola HBC followed the guidance of the International Integrated Reporting Council (IIRC). The report has been independently audited.

Coca-Cola HBC also publishes a separate report which follows the guidelines of the Global Reporting Initiative (GRI) and provides detailed information on social and environmental performance. The GRI report has also been independently audited and achieved A+ application level. Coca-Cola HBC has reported the Company’s social and environmental performance since 2004 and previously published an annual CSR report.

Coca-Cola HBC has sales of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 581 million people. Coca-Cola HBC offers a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC has a premium listing on the London Stock Exchange and its shares are listed on the Athens Exchange. Coca-Cola HBC’s American depositary shares are listed on the New York Stock Exchange.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 8, 2018RAI Exhibition
  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Dutch Organic Trade Fair
  • January 17, 2018Anfas Food Product
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements