This unique achievement in the beverage sector demonstrates Coca‑Cola HBC’s leading sustainability practices and transparent reporting
Coca‑Cola HBC, a leading bottler of The Coca‑Cola Company, was named today sustainability leader in the beverage industry by the Dow Jones Sustainability Indices assessment for the fourth consecutive year. Following a robust sustainability performance in 2016, particularly in the areas of labour practices, strategy for emerging markets, health and nutrition, and across the environmental dimension, the Company achieved a total score of 90, which is 38 points higher than the industry average.
Building on the improvements made in previous years, the amount of water used for producing a litre of beverage declined by 3% in 2016. The energy use ratio also declined by 5%․The equivalent of 37% of total packaging placed on the marketplace was recovered for recycling in 2016.
Coca‑Cola HBC serves approximately 600 million consumers across 28 established, developing and emerging markets on three continents. During 2016 the company invested €7.3 million – 1.6% of its pre-tax profit – in numerous initiatives to improve community wellbeing, focusing on environmental and water stewardship and youth development, in partnership with more than 294 NGOs.
2016 key sustainability highlights:
- 31,083 people employed
- 35,000 suppliers in the value chain
- €3.1 billion supplier spend
- €281 million total taxes paid
- 6% direct carbon emissions reduced year on year
- Waste per litre of beverage produced declined by 33% year on year
- 88% sustainable employee engagement score
Read more about Coca‑Cola HBC sustainability performance at http://coca-colahellenic.com/en/sustainability/.
Highlights at glance 2016
Armenia is also on track to achieve our 2020 targets in water, waste and energy consumption.
- 15% reduction in water consumption between 2011-2016
- 36% reduction in energy consumption between 2011-2016
- 12% reduction in carbon footprint between 2011-2016
Giving back to community is embedded in the Group culture. I am very glad and proud to see that over these years our company has accomplished a lot in this field, setting an example for other companies to join. Vahan Staepanyan, CCHBCA Sustainability Manager