We will assess our priority watersheds systematically against five key criteria and engage local stakeholders to devise integrated and holistic plans for collective action across all of them. MGPO - Confirmed, Morocco: LAlcesdam Phase 2. 8) Fortune 500 Company to Replenish All the Water it Uses Globally. Work with partners to help improve the health of 60 watersheds identified as most critical for the company's operations and agricultural supply chains by 2030. 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. Trn thc t, sng kin 5by20 vt qua mc tiu y tham vng do Ch . Our progress on water efficiency places us among the leading companies in the beverage industry according to abenchmarking reportby theBeverage Industry Environmental Roundtable. Department of Economic and Social Affairs. Replenishing Water in the Southern Iraqi Marshlands - Confirmed, Jordan: Jordan River Foundation. All rights reserved. Estimates are that the . Water is a great connector for creating benefits across our different goals. While before, many retailers and customers may not have thought too long about how much water the company consumes, Coke has now put a spotlight on a very sensitive global issue. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Lorem ipsum dolor sit amet Explore our Purpose & Vision, History and more. Water Resources Management, 25(2), 721-741. doi:10.1007/s11269-010-9723-8. Protect. Additionally, as of 2019, we have improved the efficiency of our water use by 18% since 2010. 5) Coca-Cola just achieved a major environmental goal for its water use. 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. By 2020, improve water efficiency in manufacturing operations by 25 percent compared with a 2010 baseline. ll water footprint of the companys beverages is its major ingredientsugar. Coca-Colas partnership with lAlcesdam in Morocco tackles desertification in Tata Province. How about 4.5L, have they done enough or do they still need to restore more than the supply chain uses? 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. 2006. At Coca-Cola we know that we have a responsibility to help build healthy watersheds and use water as efficiently as possible. Corporate Water Footprint Accounting and Impact Assessment: The Case of the Water Footprint of a Sugar-Containing Carbonated Beverage. No progress reports have been submitted. Commission on Sustainable Agriculture and Climate Change. We have several quantifiable global goals in place. This initiative does not yet fulfil the SMART criteria. Our systemwide water efficiency has improved for 15 consecutive years. 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. In priority watersheds, establishing and implementing watershed stewardship plans to improve shared challenges (quantity, quality, ecosystems, infrastructure, governance). , 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, Business & Environmental, Social and Governance Report. It also means working to preserve nature, biodiversity and promote advanced water management practices. Supported by The Coca-Cola Foundation - Confirmed, Pakistan: WWF Integrated Watershed Management and Livelihood Improvement Project in Selected Sub-catchments of Khanpur Dam - Confirmed; Zindagi. 46 COCA-COLA HBC. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Clean Water for Integrated Village Development - Confirmed, Lebanon: Waterwise Schools-Chouf Pilot Project. Water is essential to every person and every ecosystem in the world; it is also essential to the products we make and the agricultural ingredients we use. 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. We wont bug you too much because thats more work for all of us. 3) Water and Climate Change. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Very insightful analysis of Coca-Colas business and its impact on sustainable water sources. 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. (2015). That means that 1 liter of water is in the product and another 1.7 liters is used in the manufacturing process, mostly for keeping equipment clean.Today, were using 1.92 liters of water to make 1 liter of product and were working to reduce it to 1.7 liters of water per liter of product (a 25 percent improvement) by 2020. 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. 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. I admire how you dismantle their takeaways on the whole water neutrality program, first, by raising the point of communities inequality and replenishment of water sources that might not be the same ones theyve depleted, and second, by challenging their assumptions on how much water it takes to manufacture a bottle of Coca-Cola. Retrieved November 4, 2016, from http://www.coca-colacompany.com/stories/collaborating-to-replenish-the-water-we-use See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Our first water goal was to become water-balanced by 2020. To guide us in working to achieve a sustainable environment, KORE also defines a rigorous set of operational controls to manage known risks. To ensure that The CocaCola Company makes a meaningful contribution to that goal, we created a water stewardship strategy. All rights reserved. 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. 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. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The Coca-Cola Company today announced a holistic strategy to achieve water security for its business, communities and nature everywhere the company operates, sources agricultural ingredients for its beverages and touches peoples lives by 2030. http://www.coca-colacompany.com/stories/collaborating-to-replenish-the-water-we-use, http://www.coca-colacompany.com/investors/2008-annual-report-on-form-10-k, http://water.worldbank.org/topics/water-resources-management/water-and-climate-change, https://www.washingtonpost.com/news/energy-environment/wp/2016/08/30/coca-cola-just-achieved-a-major-environmental-goal-for-its-water-use/, http://www.coca-colacompany.com/our-company/sustainability-update-water-stewardship, http://caringforclimate.org/wp-content/uploads/Business_and_Climate_Change_Adaptation.pdf, http://www.nasdaq.com/press-release/cocacola-is-the-first-fortune-500-company-to-replenish-all-the-water-it-uses-globally-20160829-00001, http://www.coca-colacompany.com/sustainabilityreport/world/water-stewardship.html#section-meeting-our-goal-for-water-efficiency, http://temp.waterfootprint.org/Reports/Ercin-et-al-2011-CorporateWaterFootprint-Softdrink.pdf, https://cgspace.cgiar.org/bitstream/handle/10568/35589/climate_food_commission-final-mar2012.pdf, http://www.nytimes.com/2014/01/24/science/earth/threat-to-bottom-line-spurs-action-on-climate.html?_r=1. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The science-based strategy acknowledges the growing urgency of shared water risks and need for systemic action across the value chain. Water footprinting is . We also have made a clear link between agriculture and water by integrating supply chain water use into our water strategy, and the ambitions we're articulating build on our sustainable agriculture program. From sparkling water to dairy to soft drinks and more. As a founding partner of the Water Footprint Network, we have worked with WWF, The Nature Conservancy and others to assess the water embedded in our products, packaging and ingredients so we can better understand the implications for our business, and work to reduce impacts. Harvey, C. Retrieved November 04, 2016, from https://www.washingtonpost.com/news/energy-environment/wp/2016/08/30/coca-cola-just-achieved-a-major-environmental-goal-for-its-water-use/ We will conduct our business in ways that will protect and preserve the environment while reducing our environmental footprint. Fundamentally, there will soon be 40% more demand for water than supply globally. Retreived November 04, 2016, from http://www.coca-colacompany.com/sustainabilityreport/world/water-stewardship.html#section-meeting-our-goal-for-water-efficiency WATER STEWARDSHIP. 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. 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. Many of these projects were conducted by WWF and other expert partners. Our current approach is designed around four strategies - protect, reduce, recycle and replenish - that touch every aspect of our operations, both inside and outside our factories. This belief is part of our culture and is embedded in our purpose to refresh the world and make a difference. This Water Stewardship Policy is approved and endorsed by the Social Responsibility Committee of the Coca-Cola HBC Board of Directors. 100% of water used by our operations is replenished. In July 2013, we set a goal to more sustainably source our key agricultural ingredients. In some areas, including India, Mexico and parts of the United States, the gap is much more extreme. Today, Coca-Cola Europacific Partners (CCEP) publishes its latest Sustainability Stakeholder Report, providing an update on the progress the company has made on its sustainability action plan, This is Forward.The report contains a full year of data from 1 January, 2021 to 31 December, 2021 and for the first time since the acquisition of Coca-Cola Amatil in 2021, covers CCEP's global business . The theme of World Water Day in 2018 is nature-based solutions to water challenges. Incidentally, this transition process is closely aligned with draft methodology of the Science-Based Targets Network (SBTN) on water. With our previous strategy, we set goals and invited others to follow our lead. This includes investing in initiatives to reduce the amount of water used in making beverages, and to treat and reuse water where possible. Retrieved November 04, 2016, from http://www.nasdaq.com/press-release/cocacola-is-the-first-fortune-500-company-to-replenish-all-the-water-it-uses-globally-20160829-00001 We understand that water is the ultimate shared resource and we can only manage it sustainably if all water users in a river basin work together. In addition, our environmental efforts include the following key areas, and are defined by our long-term aspirational goals: The Coca-Cola Companys holistic 2030 Water Security Strategy is focused on accelerating the actions needed to increase water security where we operate, source ingredients and touch peoples lives. He says demand for sugar from fizzy drinks companies . 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. We strive to achieve this ambition with the full commitment of system leaders and the active, global participation and engagement of our employees. Only through a comprehensive approach can we make transformational and enduring change. That is enough to fill 100 Olympic-sized swimming pools. https://cgspace.cgiar.org/bitstream/handle/10568/35589/climate_food_commission-final-mar2012.pdf We used approximately 138 billion liters of water in our manufacturing process to make that 151 billion liters of product in our operations. Water Stewarship Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Created a replenishment potential equivalent to 124.5% of water used by our operations in 2018. 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.. All rights reserved. Use regular, periodic, and objective assessments to ensure compliance with the company and applicable legal requirements. To make a difference in people's lives, communities and our planet by doing business the right way. And in Algeria, The Coca-Cola Foundations partnership with the United Nations Development Program (UNDP) will restore a 60-hectare area of the dune cordon in the Guerbes-Sanhadja Wetland Complex that has been degraded by human activity. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. -(Benjamin Franklin). We have steadily reduced the amount of water used in our plants around the world, including in the Middle East. Coca-Cola's new strategy has a vision to "achieve water security for its business, communities and nature where the company operates, sources agricultural ingredients for its beverages and touches people's lives by 2030." Coca-Cola's commitment to ambitious sustainability goals drive them to improve. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Want to learn more about technology and organizations? Orange juice produced for the North American market. Water efficiency in agriculture, for example through modern irrigation systems, can be part of the answer, but our goal here as well is to not only manage our impacts but to contribute to overall watershed health. Below are some key actions the company is taking to achieve these goals: We are focused on good water stewardship, starting within our own four walls, and extending outside. Business Wire. An astonishing 1.9 billion servings of Coca-Cola products are consumed every day throughout the world, requiring the funneling of over 300 billion liters of water through 863 bottling plants each year to deliver carbonated beverages to eager consumers. Created a replenishment potential equivalent to 124.5% of water used by our operations in 2018. [1] Although such a feat is logistically impressive, the Coca-Cola Company has grown increasingly concerned about the sustainability of its water usage and the associated implications for its bottom line, [2] especially given that within the next 10 years an estimated 2.8 billion people will be at risk of encountering water shortages [3].

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