Global Beverage Industry Sustainability Leader, Coca-Cola HBC, announces new carbon and water commitments Austria
Zug, Switzerland – 24 November 2015 – Coca-Cola HBC, a leading bottler of the brands of The Coca-Cola Company, has announced new water and carbon commitments after being named by the DJSI as the world sustainability leader in the beverage industry.
Coca-Cola HBC has announced that it intends to reduce water use intensity by 30% by 2020, compared to 2010 and direct carbon emissions intensity by 50% over the same period.
The company’s approach to sustainability was endorsed in September when Coca-Cola HBC was named beverage industry leader in the Dow Jones World and Europe Sustainability Indices for the second consecutive year.
Coca-Cola HBC was also ranked eighth out of the top 100 companies listed on the Financial Times Stock Exchange (FTSE 100) Index for its carbon reporting by Carbon Clear — and ranked first within the beverage sector.
Susanne Lontzen, Public Affairs and Communications Director Coca-Cola Hellenic Austria, said: “Our new commitments reflect our company’s position as the driving force of sustainability within the beverage industry.
“Here in Austria, we will be contributing to meeting these targets by implementing water and energy reduction programmes at our facility at Edelstal. According to the sustainability agenda of the Austrian beverage industry, we have already committed to reduce CO2 emissions by 2017 by at least 10 percent compared to a 2007 baseline.”
“Our partnerships with stakeholders in Austria have been fundamental to our achievements so far and will continue to be instrumental in meeting our new commitments.”
This is the eighth year that the company has been included in the DJSI, the global benchmark for corporate sustainability due to its rigorous assessment process and its focus on best-in-class companies.
Of the 2,500 companies across different industries, invited to participate in the DJSI assessment worldwide, Coca-Cola HBC AG ranked beverage industry best with a total score of 87/100. This was 34 points higher than the industry average. The Group was ranked industry best in eight criteria: code of business conduct / compliance / anti-corruption, environmental policy, packaging, raw materials sourcing, human capital development, health & nutrition, social reporting and talent attraction & retention.
Examples of Coca-Cola HBC’s sustainability programme in Austria include:
- The plant in Edelstal is one of the first plants of the Coca-Cola Hellenic Group to be awarded the European Water Stewardship (EWS) Gold Certification in 2014. The plant has just been recertified successfully.
- In the previous year, the water consumption per bottle was reduced by 40 percent due to the use of a new bottling washing machine.Energy consumption was even reduced by 50 percent.
- Since 2006, Coca-Cola Hellenic Austria organizes the Danube Challenge in cooperation with the Ministry of Life. At this event, school classes from all parts of Austria get the chance to explore the ecosystem of water.
Annual highlights of Coca-Cola HBC Group’s 2014 integrated report include:
- An ‘A’ rating by CDP, formerly the Carbon Disclosure Project
- 7.8 % direct and indirect carbon emissions reduction (Scope 1, 2 and 3)
- €4.3m invested in energy efficiency projects
- 4.3% improvement in energy intensity
- €5.8m invested in water saving projects, saving 1.1million m3 water
- 4.1% improvement in water intensity
- 82% Sustainable Employee Engagement Index
Public Affairs & Communications Director Tel: 01-61060 262
Coca-Cola HBC Austria GmbH
Éda G. Pogány E-Mail: email@example.com
External Affairs Director, Coca-Cola HBC AG
Richard Coleman Tel : +44 20 7866 7891
Senior Consultant, Instinctif Partners E-Mail: firstname.lastname@example.org
Floyd Jebson Tel : +44 1869 353 813
Consultant, Instinctif Partners E-Mail : email@example.com
About Coca-Cola HBC Group
Coca-Cola HBC is a leading bottler of the brands of The Coca-Cola Company in terms of volume, with sales of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries, serving a population of approximately 589 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. Coca-Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC is ranked beverage industry leader by the Dow Jones Sustainably World and Europe Indices, and is also included in the FTSE4Good Index.
Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com/
About Coca-Cola HBC Austria
Coca-Cola Hellenic Austria supplies the whole Austrian market with products of The Coca-Cola Company. The company employs 1,000 people in Austria – in its production site, sales and distribution centres. Apart from the well-known brands Coca-Cola, Coke light, Coke zero, Fanta and Sprite, products like Nestea, Cappy, Römerquelle, Römerquelle Emotion, the energy drinks Monster and burn and the sports drink Powerade are also part of the diverse beverage portfolio.
For 40 years now, Römerquelle mineral water has been bottled at the spring in Edelstal, Burgenland. From 2013 onwards Carbonated Soft Drinks are also bottled and distributed throughout Austria in the state-of-the-art production site in Edelstal. More than 60,000 customers distribute our products to consumers. Furthermore, 8,000 vending machines make sure that our products are always within an arm’s reach. Coca-Cola has been firmly established in Austria since 1929. Through ongoing investments, Coca-Cola Hellenic Austria is an essential part of the local economy. The company’s direct value created amounts to €94 million (that equals 0.03 % of the Austrian gross domestic product). Considering the whole value chain – from production over supply to consumption – more than 1 billion Euros created are connected to the Coca-Cola system every year, that equals 0.36 % of the GDP. (Source: Socio Economic Impact Study by Steward Redqueen /Ethan B. Kapstein, 2012). Coca-Cola Hellenic Austria is a subsidiary of Coca-Cola Hellenic Bottling Company AG, headquartered in Switzerland. It is a leading bottler of The Coca-Cola Company with a sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 590 million people. The company has a premium listing on the London Stock Exchange and its shares are listed on the Athens Exchange. Coca-Cola HBC is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information please visit www.coca-colahellenic.at
About Dow Jones Sustainability Indices
The DJSI were launched in 1999 as the first global sustainability benchmarks. The indices are offered cooperatively by RobecoSAM and S&P Dow Jones Indices. The group tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. Following an evaluation of a range of general and industryspecific issues only the top 10% are accepted for inclusion. For more information visit http://www.sustainability-indices.com