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.
Maria Anagyrou-Nikolić, General Manager of Coca-Cola HBC Bosnia and Herzegovina, said: “Our new commitments reflect our company’s position as the driving force of sustainability within the beverage industry.Here in Bosnia and Herzegovina we will be contributing to meeting these targets by implementing water and energy reduction programmes at our facility at Hadžići bottling plant. Over the past five years, we at Coca-Cola HBC Bosnia and Herzegovina have reduced energy consumption per litre of produced beverage by 18 %, water consumption by 40 %, and CO2 emission by 13 %. In the same period, quantity of generated waste was reduced by 33 %, and quantity of recycled waste increased by almost 16 %. Our to-date results clearly show our commitment to sustainable operations and our focus on the achievement of the set objectives that, I am confident, we will successfully fulfil in the period ahead. Our partnerships with community and our partners in Bosnia and Herzegovina 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 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.
Clean Vrbas Programme
Examples of Coca-Cola HBC’s sustainability programme in Bosnia and Herzegovina include Clean Vrbas Programme, which was launched in 2011, where the company, together with the United Nations Development Programme (UNDP) in Bosnia and Herzegovina, Government of Japan, 13 municipalities situated in the Vrbas river basin, Ministry of Environment and Tourism of the Federation of BiH, Ministry of Spatial Planning, Construction and Ecology of Republika Srpska, Ekopak and numerous civil society organizations worked on awareness raising about the importance of the environment and water resources in Bosnia and Herzegovina and their use as a valuable natural resource for sustainable development of local communities. Between 2011 and 2014, many activities were carried out under the Clean Vrbas project, including development of a pilot project to establish a Geographic Information System (GIS) Data Base and mapping of polluters in Vrbas River basin, installation of bio waste water purifier in Krupa on Vrbas, establishment of an independent laboratory in Bugojno for monitoring of water quality, development of two projects to establish recycling yards with capacities for selection of waste in municipalities of Kotor Varoš and Donji Vakuf, as well as organization of eco-regattas on Vrbas river.
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
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 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 industry-specific issues only the top 10% are accepted for inclusion. For more information visit http://www.sustainability-indices.com/