Identify, evaluate, and address environmental risks and emerging trends. 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. 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. Please. In 2016 it improved its water efficiency by 10% as compared to 2010. Fig 2:http://www.ceres.org/issues/water/agriculture/water-risks-food-sector Localized, context-based targets, to be announced later this year, will support the global framework. Over the years, we expanded our work beyond water to improve environmental performance across Coca-Cola's supply chain, including reducing greenhouse gas emissions. This collective action approach is at the heart of the partnership between WWF and Coca-Cola. Replenishing Water in the Southern Iraqi Marshlands - Confirmed, Jordan: Jordan River Foundation. Coca-Cola Company. 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. Corporate Water Footprint Accounting and Impact Assessment: The Case of the Water Footprint of a Sugar-Containing Carbonated Beverage. delivering European Water Stewardship or Alliance for Water Stewardship certification at all of our manufacturing sites. 2006. 10) Ercin, A. E., Aldaya, M. M., & Hoekstra, A. Y. 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. , 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. G Association - Confirmed, Sudan: Mercy Corps. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Regularly report on our ESG priorities and progress through annual reporting such as our Business & Environmental, Governance and Social Report, including metrics assurance conducted by recognized, credible third-party certification organizations. 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. Finding breakthrough ways to reduce or remove sugar would help Coca-Colas image on both fronts. Very insightful analysis of Coca-Colas business and its impact on sustainable water sources. In addition, Coca-Colas Replenish goal was a first for the beverage-producing private sector when it was set in 2007. We will conduct our business in ways that will protect and preserve the environment while reducing our environmental footprint. 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. Access to water is a right that no one should go without., As climate change continues to exacerbate water stress in Africa, The CocaCola system in Africa leads with the mindset to Reduce, Recycle and Replenish the water we use in the continent. Maersk Shipping: Melting ice caps to open faster and cheaper arctic shipping routes? They have bottling factories in 13 European countries. Coca-Cola has come a long way since a decade ago when it was the target of boycotts and consumer anger over its water use. Thu 26 May 2011 06.00 EDT. 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. 08-03-2021. 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. https://cgspace.cgiar.org/bitstream/handle/10568/35589/climate_food_commission-final-mar2012.pdf 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. And we aim to implement watershed health plans in 100% of our priority watersheds. See how CocaCola Africa is making progress against its Water commitments: 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. We also helped develop an industry standard approach to replenishment quantification, the Volumetric Water Benefit Accounting, and are adopting the WASH4WORK framework to improve water access and sanitation for workers in our system and suppliers, and for the communities in which we operate. 4) The Worlds Water 20062007: The Biennial Report on Freshwater Resources. We are working with our suppliers and a range of partners to create systemic change in our agricultural supply chain. Interesting analysis (and critique) of Coca-Colas sustainability efforts. Description. Wouldnt a partnership between both suppliers and Coca-Cola create more value for both parties? 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. 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. In July 2013, we set a goal to more sustainably source our key agricultural ingredients. (2008). Through our 2030 Water Strategy, we are partnering with local organizations to increase water security where we operate, source ingredients and touch peoples lives by improving water availability, quality, access, and governance across Africa. Our systemwide water efficiency has improved for 15 consecutive years. It will, indeed, and we will build on what weve done. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. http://www.nytimes.com/2014/01/24/science/earth/threat-to-bottom-line-spurs-action-on-climate.html?_r=1. Retrieved November 04, 2016, from http://www.coca-colacompany.com/our-company/sustainability-update-water-stewardship The new rain barrels will help replenish an estimated 60 million gallons of water each year. [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. We do all of this while staying true to our purpose: to refresh the world and make a difference. The report, entitled "Product Water Footprint Assessments: Practical Application in Corporate Water Stewardship," examines three pilot studies that were conducted on Coca . Want a personalized experience and access to exclusive content? 2) The Coca-Cola Company. And finally, climate change is leading to more erratic weather patterns like droughts and flash floods, which impact communities worldwide. Though it seems like an admirable mission for Coca-Cola to undertake, it may go to show that by surfacing the issue, Coca-Cola is leaving itself open to increased scrutiny and criticism surrounding its water usage. Going forward, leadership will be less about reaching company-specific targets and more about joining forces for collective action. 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. 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. However, water challenges are fundamentally local in nature. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. . With our previous strategy, we set goals and invited others to follow our lead. Although the amount of water purportedly replenished to the environment may very well balance their overall water usage from bottling, the underlying inequity at the community level remains problematic; notably, each bottling plant is not required to replenish water to its direct source, [8] and thus total water neutrality was often achieved by replenishing aquifers at locations far removed from the plants actual water sources, leaving local communities ever vulnerable to depletion of their water source while Coca-Cola reaps positive PR for replenishing it elsewhere. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. K nim ngy Quc t Ph n, nm 2021 , CocaCola cng b thc hin thnh cng hnh trnh tri di mt thp k vi mc tiu trao quyn kinh t cho 5 triu ph n khi nghip. 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. In order to expand on such improvements, we need to understand where water is used and where we have opportunities for improvement. The World Resources Institute forecasts that the Middle East will become the most water-stressed region in the world by 2040. SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. 2023 The CocaCola Company. ALLIANCE FOR WATER STEWARDSHIP (AWS) AUDIT REPORT Based on AWS Standard Version 2.0 [Coca Cola European Partners] [Eindsestraat 137, Dongen, 5105NA, Netherlands] . 7) Business and Climate Change Adaptation: Toward Resilient Companies and Communities. With reliable water access already in short supply, residents and regulators alike began to fervently oppose the presence of Coca-Cola bottling plants, opening the doors to legal and reputational damages to the brand. More than 800 million liters of water per year have been generated through this program to date. 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. 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. 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. 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. [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]. Coca-Cola prioritizes grantmaking to women, water, well-being, and on a smaller scale, the environment and youth. It applies to all Coca-Cola HBC employees, regardless of level and function. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Water has always posed great challenges for the Middle East, North Africa and Pakistan. 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. In Pakistan, Coca-Cola has partnered with WWF since 2008 to promote integrated watershed management (IWM) in the Ayubia National Park, which spans over 3,312 hectares in the Galliat region of the Western Himalayan Ecoregion. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. These controls generally align with top global requirements and consensus standards. 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 . There's a saying that if climate change were a shark, then water is its teeth. 1The water used in our manufacturing process is then properly treated and released back to nature at a level that supports aquatic life. Coca-Cola's new formula for water stewardship: government partnership Coca-Cola is helping to repair national watersheds that also happen to supply its own factories. With rapid population growth, and climate change, these challenges are becoming more critical than ever. Water footprint studies were conducted related to the followingCoca-Colaproducts and ingredients: The largest portion of the product water footprints assessed as part of these studies came from the field, not the factory, which demonstrated significant opportunity to engage more directly with our agricultural ingredient suppliers in advancing sustainable water use.
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