Sustainability Double For Coca-Cola HBC

 Breaking News
  • Building the Unilever of the Future Unilever has announced the next steps in its transformation into a simpler, more agile and more focused business. The changes are designed to further drive long-term performance and shareholder value, and build upon the company’s Connected 4 Growth programme. Unilever will simplify its corporate structure. This entails moving from two legal entities – Unilever NV and [...]...
  • Irish Whiskey Association Welcomes 14% Increase in Exports in 2017 Irish whiskey exports recorded a 14.2% increase in value in 2017, according to the Central Statistics Office’s (CSO) 2017 Trade Statistics report. Irish whiskey is exported to over 135 international markets. The category saw a 16.7% increase in exports to the US, its largest export market; a 15.7% increase in exports to Canada and 9.2% increase in [...]...
  • 1 in 5 Meals Eaten Out of Home as European Consumers Favour Service Over Home Cooking More flexible menus and an increase of meal occasions from breakfast and all day brunch through to dinner has led to a €4.1 billion increase in food service sales in 2017 to €335.9 billion according to a new report launched by IRI GIRA Foodservice. One in five meals (18% of all meals) are consumed outside the [...]...
  • Nestlé UK & Ireland Cuts More Than 60 Billion Calories in Just Three Years The amount of sugar in Nestlé’s UK and Irish products has been reduced by more than 2.6 billion teaspoons since 2015 thanks to an ongoing, intensive programme of innovation and reformulation. A report, issued by Nestlé, reveals that more than 60 billion calories have also been removed from Nestlé UK & Ireland’s portfolio in the [...]...
  • Müller Targets New Segments of UK Yogurt Category Müller UK & Ireland has announced two new yogurt products as it continues to develop, manufacture and market a new generation of branded yogurt and desserts products. The dairy company, which is the Official Yogurt of British Athletics*, has revealed Müller Quark Yogurt and Müller Corner Lactose Free*, with both products launching in March and May [...]...

Sustainability Double For Coca-Cola HBC

Sustainability Double For Coca-Cola HBC
October 28
09:03 2014

Coca-Cola HBC, the world’s second largest bottler of products of The Coca-Cola Company, has been awarded an A rating by the Carbon Disclosure Project (CDP) – and a place in the CDP Global Climate Performance Leadership Index 2014. This is a further achievement for the company as it has also recently been named the global industry leader amongst beverage companies in the 2014 Dow Jones Sustainability Indices (DJSI). This is the seventh consecutive year that Coca-Cola HBC has been included in the indices and for the first time this year it leads both the World and European indices.

CDP is a not-for-profit organisation which provides the only global system for companies to measure, disclose, manage and share vital environmental information, motivating them to disclose their impact on the environment and take action to reduce it.

This year CDP has also upgraded Coca-Cola HBC to an A rating, from last year’s B rating, and awarded the company a place in the UK’s FTSE 350 Leadership Index, in addition to its place in The A List: Global Climate Performance Leadership Index, which for the first time looks at all climate leader companies around the world, not just the global 500 companies.

Coca-Cola HBC provided comprehensive information about the measurement and management of its carbon footprint, climate change strategy and risk management processes and outcomes, which clearly defined and quantified the risks and opportunities around climate change and resulted in a number of initiatives including:

* Supporting the expansion of the capacity of the Russian sugar beet industry, which will eliminate the need to import sugar for the company’s operations by 2015 Working with suppliers in

* introducing HFC-free coolers, meaning all new equipment will be hydrofluorocarbon (HFC)-free by 2015

* An investment of €3 million in 2013 in energy saving programmes throughout the company’s plants

These initiatives contributed to a reduction in total absolute carbon emissions (direct and indirect) of 5.3% compared to the previous year.

The Dow Jones Sustainability Indices assess over 2,500 of the world’s largest publicly traded companies on financially relevant economic, environmental and social factors. Following an evaluation, the top 10% of companies within each industry are selected for inclusion.

In the DJSI, Coca-Cola HBC was ranked first in the beverages sector out of 30 companies in DJSI World and 10 companies in DJSI Europe. The company’s overall score was 89%, up from 81% last year, and it achieved industry-best scores across the environmental and social dimensions. Best progress was made in the areas of brand and customer relationship management, health and nutrition, supply chain management, talent attraction and retention, human capital development. In the environmental dimension, packaging and water risk management were awarded the maximum 100 points.

Coca-Cola HBC has a broad geographic footprint with operations in 28 countries serving a population of approximately 585 million people. Coca-Cola HBC offers a diverse range of non-alcoholic ready to drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories.

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 15, 2018Coffee & Tea Russian Expo
  • March 18, 2018ProWein
  • March 21, 2018World Olive Oil Exhibition
  • March 28, 2018FOOD INDUSTRY
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here