ZUG, Switzerland--(BUSINESS WIRE)--Coca-Cola HBC, ranked global beverage industry sustainability leader by Dow Jones Sustainability Indices (DJSI) earlier this month, announces new sustainability targets.
By 2020 the company commits to:
• Take 40% of the total energy used from renewable and clean energy sources
• Recover for recycling 40% on average of total packaging placed on our markets
• Source 20% of the total PET used from recycled PET and/or PET from renewable material
• Reduce the amount of primary packaging by 25% per litre of beverage produced
• Certify over 95% of key agricultural ingredients against the Coca-Cola system’s Sustainable Agricultural Guiding Principles
• Invest 2% of its annual pre-tax profit in communities
• Double the number of employees taking part in volunteering initiatives during work time to 10%
The seven new targets build on the initial 2020 commitments announced last year to reduce water and direct carbon emission intensity of the company by 30% and 50% respectively. In the last couple of years, Coca-Cola HBC reduced its water usage by 2.1 billion litres, equivalent to a glass of water to everyone on Earth. In the last five years, the global carbon footprint of its products was reduced by 1.07 million tonnes as a result of investing in energy efficient and low-carbon technologies. This is comparable to the total annual greenhouse gas emissions of over 200,000 passenger cars.
In 2015, the company invested €8.2 million – 2.3 % of its pre-tax profit – to support community wellbeing, environmental, water stewardship and youth development, partnering with more than 230 NGOs.
Dimitris Lois, Chief Executive Officer of Coca-Cola HBC, said: “The ambitious targets we announce today reflect our commitment to inspire a better future for our people and the communities we serve. These are part of our overall strategy that established Coca-Cola HBC as a leader in sustainability among beverage companies, and show that we are determined to grow our business responsibly, profitably and sustainably.”
• 11.7 % direct carbon emissions reduction year-on-year
• Energy use ratio improved by 7.2% year-on-year
• 19.4% increase of recycled PET usage year-on-year
 Water consumption and direct carbon emissions per litre of beverage produced, versus 2010.