Our purpose is to refresh the world and make a difference. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 46 COCA-COLA HBC. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. Coca-Cola's new formula for water stewardship: government partnership This collective action approach is at the heart of the partnership between WWF and Coca-Cola. Protect. All rights reserved. We cannot just say, Across the board, we're going to do X, Y and Z. That doesn't make sense. That is enough to fill 100 Olympic-sized swimming pools. [1] In addition, it complements our 2020 Integrated Annual Report, which . [4] This was especially worrisome for Coca-Cola since, prior to 2007, it operated 24 bottling plants across India. 10) Ercin, A. E., Aldaya, M. M., & Hoekstra, A. Y. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Want to learn more about technology and organizations? Water Stewardship | Coca-Cola It applies to all Coca-Cola HBC employees, regardless of level and function. In all leadership locations we currently define, for example, we aim to achieve 100% regenerative water use, i.e. In 2017, our water efficiency improved for the 15th consecutive year, with a 2.55% improvement over 2016, a 15% improvement over 2010. Water Leadership. In addition, our environmental efforts include the following key areas, and are defined by our long-term aspirational goals: They include the following, keeping in mind that the required scope and details of each element below should be consistent with the risks and circumstances of individual operations: Corporate Water Footprint Accounting and Impact Assessment: The Case of the Water Footprint of a Sugar-Containing Carbonated Beverage. http://www.nytimes.com/2014/01/24/science/earth/threat-to-bottom-line-spurs-action-on-climate.html?_r=1. More details can be found in the Sustainable Business section of our website. Zoran Bogdanovi Chief Executive Officer 11) Achieving food security in the face of climate change: Final Report from the Commission on Sustainable Agriculture and Climate Change. Maersk Shipping: Melting ice caps to open faster and cheaper arctic shipping routes? SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. Interesting analysis (and critique) of Coca-Colas sustainability efforts. Water Resources Management, 25(2), 721-741. doi:10.1007/s11269-010-9723-8. Our water strategy focuses on sustainable water security through local water replenishment, advocacy for smart water policies, and responsible water use throughout our operations and communities. At the same time, we publicly announced ourSustainable Agriculture Guiding Principles (SAGP), which were developed over the course of several years in collaboration with our NGO partners, bottling partners and suppliers. Meet our Science-Based target through initiatives that include but are not limited to renewable energy, improved energy efficiency, waste reduction, equipment innovation and supplier engagement. Achieve 100% circular water use or regenerative water use across 175 facilities identified as leadership locations by 2030. Coca-Cola has without a doubt inmense purchase power, but I wonder if by forcing their suppliers to evolve, they may be forcing them to be unprofitable. In 2007, WWF and The Coca-Cola Company (Coca-Cola) launched a groundbreaking partnership that spanned more than 50 countries and focused on securing freshwater resources. Create awareness of ESG initiatives through communications channels. Before and after the rain: reservoirs constructed by Indus Earth Trust with Coca-Cola funding in 2017 in Kohistan, Pakistan, save women and girls long daily walks to collect water. The Coca-Cola Company. Additionally, as of 2019, we have improved the efficiency of our water use by 18% since 2010. 2023 The CocaCola Company. The partnership rehabilitated the watershed through groundwater recharge, including reforestation and soil restoration, as well as helping communities with rainwater harvesting and water storage and new piping infrastructure. Also in Pakistan, Coca-Cola partnered with the Indus Earth Trust in 2017 to utilize rain water harvesting techniques to decrease the time women and girls spend collecting water and to enhance groundwater recharge in more than 30 villages in the Thatta District, with transformational effects on the local community. In 2018, Coca-Cola Canada achieved 100% water replenishment by partnering with local organizations and helping improve, restore and . We will maintain the global metric of 100% replenishment globally, but we will make it work harder toward our goal of improving watershed health in water-stressed areas that are critical to the business and our agricultural supply chain. Gaining a clear understanding of impacts makes good environmental sense and provides better guidance for prioritizing areas of concern.Coca-ColaEurope has proposed a methodology for water footprint sustainability assessments that considers impacts as well as water quantity.Read more about it here. Partnerships with organizations like the World Wildlife Fund (WWF) are essential to making headway. Some of our bottling plants are already using 1.7 liters of water, or less, to make a liter of product. The Agos Program provides poor communities with access to safe water, supports watersheds, and educates communities on the importance of conservation in order to ensure that water continues to flow for life. (2010). It committed the company to return 100 percent of the water Coca-Cola uses in its global sales volume by 2020 through projects that give people water access, water for productive use and watershed conservation activities. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Fig 1:http://water.worldbank.org/topics/water-resources-management/water-and-climate-change Increase water security where we operate, source ingredients and touch peoples lives; Be good stewards in the communities where we operate by continuing to improve the efficiency of water use in our operations, with a particular focus on high-stress locations; Help address shared water challenges to create more sustainable watersheds; and. This represents a key opportunity; by utilizing suppliers with efficient water usage strategiesinstead of those offering lowest purchase priceCoca-Cola can fulfill ethical obligations to conserve water while also fostering a future competitive advantage since, as water becomes more scarce and crop yields decline due to climate change, the company is better insulated from the expected increases in volatility of input costs and availability. By 2020, improve water efficiency in manufacturing operations by 25 percent compared with a 2010 baseline. We conducted our first global water footprint assessment across our value chain from ingredient to consumer and found that more than 73% of our global water footprint is used to grow agricultural ingredients like cane sugar, oranges and apples. New priorities include: We are prioritizing our efforts based on deep-dive analyses of water risks at our facilities and where we source our ingredients, said Ulrike Sapiro, Senior Director, Global Water Stewardship and Sustainable Agriculture, The Coca-Cola Company. In fact, we return 100% of the water used to make our drinks back to nature. Coca-Colain a 0.5 liter PET bottle produced in the Netherlands; Beet sugar supplied toCoca-ColaEuropes bottling plants; and. Water Stewardship; Sustainable Packaging; Reducing carbon footprint; Our response to COVID-19; Priority Sustainability & ESG Issues; Tin mi nht v pht trin bn vng. Business Wire. . Very insightful analysis of Coca-Colas business and its impact on sustainable water sources. In 2017, our water efficiency improved for the 15th consecutive year, with a 2.55% improvement over 2016, a 15% improvement over 2010. Form 10-K submitted to the United States Securities and Exchange Commission for the fiscal year 2007, Washington, D.C. Retrieved November 4, 2016, from http://www.coca-colacompany.com/investors/2008-annual-report-on-form-10-k See how CocaCola Africa is making progress against its Water commitments: Coke Intensifies Water Stewardship Partnerships - Coca-Cola Company Everything has trade-offs, and it would seem Coke has made reasonable efforts while still ensuring value for their shareholders. At what point has the company done enough? 9) Water Stewardship: Sustainability Update. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The next step is to feed this framework with specific, context-based targets and move swiftly toward action. Coca-Cola supports clean water connections to households in Upper Egypt. Water has always posed great challenges for the Middle East, North Africa and Pakistan. (2008). We also have a goal to drive accelerated water efficiency improvement in water-stressed locations versus 2015, which we will validate through context-based targets with our bottlers. This also amounts to a 29.3% improvement since 2004 when we started reporting efficiency progress as a global system. (2007). Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. In 2015, Coca-Cola announced that they had achieved global water neutrality five years ahead of schedule. Promote a culture of environmental excellence through innovation, knowledge sharing platforms across the Coca-Cola system and continuously evaluating and benchmarking our environmental performance. It is interesting that the company has chosen to focus on water replenishment for the water within each can when its thirstiest ingredient (sugar) is also one that has long been criticized for its contribution to obesity and health problems. (2016). They have bottling factories in 13 European countries. This includes working with select suppliers and business partners that have a strong commitment to the running of sustainable operations and processes. Fundamentally, there will soon be 40% more demand for water than supply globally. Water Stewarship Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Improving community access to drinking water, sanitation and hygiene while supporting people especially women and girls to prepare and rapidly recover from water-related crises. Water is a great connector for creating benefits across our different goals. TheCoca-ColaOperating Requirements (KORE) define the policies, standards and requirements for managing our environmental responsibilities across our operations. We make sure that 100% of the water used throughout our supply chain is replenished.. High-level Political Forum on Sustainable Development, UN Conferences and High-Level Events related to sustainable development, Multi-stakeholder Forum on Science, Technology and Innovation for the SDGs, Second Committee of the UN General Assembly , Multidimensional Vulnerability Index for SIDS, FAQ about the submission of voluntary commitments / partnerships. However, I am deeply troubled by how they can actually force suppliers to adapt to more sustainable strategies without pushing costs up the supply chain. No progress reports have been submitted. Our sustainability strategy guides how we support and engage the remarkable people behind our brandsfrom farmers and employees, to bottling partners and suppliers, to customers and consumers, to the communities we call homeand helps us make progress on ourgoals to help safeguard the environment.. Over the years, we expanded our work beyond water to improve environmental performance across Coca-Cola's supply chain, including reducing greenhouse gas emissions. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. But have their efforts gone far enough? We exceeded that goal by giving back more water to nature and communities as we use in our products. 7) Business and Climate Change Adaptation: Toward Resilient Companies and Communities. There's a saying that if climate change were a shark, then water is its teeth. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. Water Stewardship: The Coca-Cola Company and its bottling partners work to: Increase water security where we operate, source ingredients and touch people's lives; Be good stewards in the communities where we operate by continuing to improve the efficiency of water use in our operations, with a particular focus on high-stress locations; . 2023 The CocaCola Company. Water stewardship Our water strategy focuses on water security through local replenishment (returning water to communities and nature), advocacy for smart water policies, and responsible and efficient water use throughout our operations and in the communities we serve. Increasing Access to clean water and WASH training. Because the agricultural supply chain is complex and every ingredient is different, the SAGP outline our expectations across the entire supply chain, in alignment with our 2020 goal. Department of Economic and Social Affairs. TNC led the development of the watersheds module of Coca-Cola's 2030 Water Strategy. As part of this commitment, Coca-Cola already returns 1.75 billion liters of water per year to nature and communities in the Middle East, North Africa and Pakistan. Phone: +374 105 41 028; Email: [email protected] . Additionally, as of 2019, we have improved the efficiency of our water use by 18% since 2010. At Coca-Cola we know that we have a responsibility to help build healthy watersheds and use water as efficiently as possible. Created a replenishment potential equivalent to 124.5% of water used by our operations in 2018. Water footprintingan approach to assess the total volume of water used to produce a productis helping us extend our view of how we use water across our manufacturing processes and supply chain. ''When the well is dry, we know the worth of water"-(Benjamin Franklin). We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Our purpose is to refresh the world and make a difference. We have publicly available policies on water stewardship, climate change, packaging and recycling, food loss. We aim to collect and recycle a bottle or can for every one we sell, make 100% of our packaging recyclable and use 50% recycled content in our bottles. Our products depend on a healthy supply chain with thriving farming communities. As climate change continues to exacerbate water stress in Africa, The CocaCola system in Africa leads with the mindset to "Reduce . The Coca-Cola Company's holistic 2030 Water Security Strategy is focused on accelerating the actions needed to increase water security where we operate, source ingredients and touch people's lives. Water Reduction and Stewardship | Coca-Cola HBC From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. Collaborate (as appropriate) with public and private entities (including governments, non-governmental organizations, other businesses, and local communities) to advance environmental stewardship initiatives.. In addition, Coca-Cola's "Replenish" goal was a first for the beverage-producing private sector when it was set in 2007. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. The new rain barrels will help replenish an estimated 60 million gallons of water each year. We have steadily reduced the amount of water used in our plants around the world, including in the Middle East. We have a framework with global goals around operations, watershed health and communities, based on a rigorous risk and vulnerability assessment. It committed the company to return 100 percent of the water Coca-Cola uses in its global sales volume by 2020 through projects that give people water access, water for productive use and watershed conservation activities. Sustainability. Coca-Cola emphasises its corporate commitment to water stewardship thus 'Inside every bottle of Coca-Cola is the story of a company that understands the priceless value of water, respects it as the most precious of shared global resources and works vigorously to conserve water worldwide' (Coca-Cola 2015, webpage). WATER STEWARDSHIP. This also amounts to a 29.3% improvement since 2004 when we started reporting efficiency progress as a global system. Their solution was to institute a system-wide water stewardship platform to achieve water neutrality by returning to nature and communities an amount of water equivalent to what we use in all of our products and their production by 2020. [6] Strategies to offset water usage included plant-level innovationssuch as improving manufacturing efficiency to reduce water waste and reuse of treated wastewater in boilers, evaporators, and chillersand improving local infrastructure through partnerships with governments and NGOs to finance and build water treatment facilities, install rainwater harvesting structures, construct check dams, and restore water to natural reservoirs. H thng CocaCola v Qu CocaCola huy ng ngun lc h tr cc chng trnh cu tr l lt ti Kentucky , Our vision is to craft the brands and choice of drinks that people love, to refresh them in body and spirit while doing this in a way that creates a more sustainable business and better shared future. Working to achieve regenerative water use reducing, reusing, recycling and replenishing the water used to produce its beverages. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Finding breakthrough ways to reduce or remove sugar would help Coca-Colas image on both fronts. Our 2020 goal is aggressive. Steinhausen, 9 December 2020. With rapid population growth, and climate change, these challenges are becoming more critical than ever. More than 800 million liters of water per year have been generated through this program to date. Description. Our water strategy focuses on sustainable water security through local water replenishment, advocacy for smart water policies, and responsible water use throughout our operations and communities, We will work to improve water availability and quality, ecosystems, access and governanace to increase water security for our business, We will work to improve water availability and quality, ecosystems, access and governance to increase water security for our business. Armenia. Water stewardship has long been a business imperative for Coca-Cola, which in 2015 became the first Fortune 500 company to replenish all water used in its global beverage production five years ahead of plan and has done so every year since. Earlier this year, Coca-Cola announced a plan to recycle the equivalent of 100 percent of its packaging by 2030, citing its success with a similar and much-touted program for sustainable water use. To capture these multiple benefits systematically, we have piloted Natural Capital accounting based on our replenish work in Europe and are contributing to a global, multi-stakeholder methodology on co-benefits accounting. Sales volume is greater than production volume mainly because sales include the full volume of fountain drinks sold to consumers. Our water strategy focuses on water security through local replenishment (returning water to communities and nature), advocacy for smart water policies, and responsible and efficient water use throughout our operations and in the communities we serve. 2030 Water Security Strategy | Department of Economic and Social Affairs Water is not only the first ingredient in most of our beverages, but it's also central to the long-term success of our business and the health of our communities. https://cgspace.cgiar.org/bitstream/handle/10568/35589/climate_food_commission-final-mar2012.pdf Coca-Cola prioritizes grantmaking to women, water, well-being, and on a smaller scale, the environment and youth. And in Gaza, Coca-Cola started working with Mercy Corps in 2017 to provide desalination technology to enhance water access for more than 125,000 people. About one-third of the Coca-Cola systems bottling plants operate in water-stressed areas, and more than 73% of its global water footprint is used to grow agricultural ingredients like cane sugar, oranges and apples. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Created a replenishment potential equivalent to 124.5% of water used by our operations in 2018. To drive toward this ambition, we will adhere to applicable legal and TCCC requirements relating to the environment everywhere we do business. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Water stewardship at Coca-Cola | Guardian sustainable business | The Coca-Cola claims to have attained water neutrality, but are communities truly reaping the benefits? We used approximately 138 billion liters of water in our manufacturing process to make that 151 billion liters of product in our operations. It also means working to preserve nature, biodiversity and promote advanced water management practices. These analyses identify leadership locations and priority watersheds to guide our efforts to the areas where it matters most.. CEO Water Mandate, a partnership between the UN Global Compact and the Pacific Institute WWF The Nature Conservancy Global Water Challenge World Banks Water Resources Group WaterAid Water & Sanitation for Urban Poor World Resources Institute Ceres Among hundreds of other partners globally, The Coca-Cola Company: Refresh the World. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. [11], 1) Water & agriculture: Adaptive strategies at farm level. [7] In essence, when water is consumed by the production process, an equal amount of usable water is returned to the environment at large or conserved from use altogether. Partnering with governments, NGOs, communities and other companies to share resources and take collective action that creates scale and advances innovation and science. It is imperative that the next step should incorporate a blanket policy to replenish water sources within the community from which it is derived, lest the company remain vulnerable to depletion of its primary input in the given region, regulatory interference, and further reputational damage. In the United States, Coca-Cola also supports natural . Greg Koch, managing director of Global Water Stewardship blogs on the finer details of Coca-Cola's water strategy Greg Koch for the Guardian Professional Network Mon 6 Dec 2010 12.33 EST Aim to return a cumulative total of 2 trillion liters of water to nature and communities globally, between 2021-2030. Sustainability Presentation. The company will continue to work with partners including the World Banks Water Resources Group, CEO Water Mandate, Global Water Challenge, The Nature Conservancy, World Wildlife Fund, and many others in pursuit of these goals. Groundwater tables and freshwater sources are being depleted at alarming rates in many parts of the world due to accelerating demand by industry, and in some markets the consequences are quite serious; for instance, the World Bank recently estimated that without further intervention or technological advancement, all of the available water supplies in India will have been exhausted by 2050. Several programs Coca-Cola is supporting in the Middle East, North Africa and Pakistan support such nature-based interventions. Wouldnt a partnership between both suppliers and Coca-Cola create more value for both parties? (2012). ll water footprint of the companys beverages is its major ingredientsugar. We strive to achieve this ambition with the full commitment of system leaders and the active, global participation and engagement of our employees. Our bottling partners have created close to 300 water replenishment projects which are successfully nourishing communities with this vital resource. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. It will, indeed, and we will build on what weve done. 2023 The CocaCola Company. Addressing the quantity of water used to grow our product ingredients is not enough; we also need to address the impact of that use as well. Thu 26 May 2011 06.00 EDT. Coca Cola European Partners-NL (CCEP) is an independent bottling company under license from Coca Cola. Coca-Cola Unveils 2030 Water Security Strategy Coca-Cola PESTEL Analysis - The Strategy Story http://temp.waterfootprint.org/Reports/Ercin-et-al-2011-CorporateWaterFootprint-Softdrink.pdf Irrigation efficiency could be one answer, but a lot of answers lie in conservation agriculture, or soil management, or ecosystem improvement, or looking at the overall watershed outside our direct supply chain.
