Address: Coca-Cola HBC AG Turmstrasse 26 Zug 6300 Switzerland Zug 6300 Switzerland; View Site. 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. 1.78 litres of water used to produce one litre of beverage. MGPO - Confirmed, Morocco: LAlcesdam Phase 2. Partnerships with organizations like the World Wildlife Fund (WWF) are essential to making headway. In 2017, our water efficiency improved for the 15th consecutive year, with a 2.55% improvement over 2016, a 15% improvement over 2010. By becoming a better company, we can help build a stronger, more sustainable future for us all.. Water Conservation & Stewardship | The Coca-Cola Company Created a replenishment potential equivalent to 124.5% of water used by our operations in 2018. 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. 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. Phone: +374 105 41 028; Email: [email protected] . These calculations only include water consumed as an operational input but do not take into account contributions from the overall supply chain (for example, a single plastic bottle uses 4.5L of water input alone). Across the board, we are seeking greater impact against these shared challenges. 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. By 2020, improve water efficiency in manufacturing operations by 25 percent compared with a 2010 baseline. There are currently no comments. 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. Coca-Cola Sustainability Initiatives | Coca-Cola EG [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. ''When the well is dry, we know the worth of water"-(Benjamin Franklin). In addition, Coca-Cola's "Replenish" goal was a first for the beverage-producing private sector when it was set in 2007. Retrieved November 04, 2016, from http://water.worldbank.org/topics/water-resources-management/water-and-climate-change We do all of this while staying true to our purpose: to refresh the world and make a difference. As climate change continues to exacerbate water stress in Africa, The CocaCola system in Africa leads with the mindset to "Reduce . The next step is to feed this framework with specific, context-based targets and move swiftly toward action. Water Resources Management, 25(2), 721-741. doi:10.1007/s11269-010-9723-8. 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 make brands and products that people love while building a more sustainable future for our business and for the planet. Incidentally, this transition process is closely aligned with draft methodology of the Science-Based Targets Network (SBTN) on water. Department of Economic and Social Affairs. The Sustainable Development Goal (SDGs) 6 is to ensure availability and sustainable management of water and sanitation for all. To make a difference in people's lives, communities and our planet by doing business the right way. . As well as these nature-based interventions, Coca-Cola and our partners are providing clean water access to thousands of people in MENA as part of the same Replenish initiative. Water Stewardship | Water Responsibility | Coca-Cola Canada The theme of World Water Day in 2018 is nature-based solutions to water challenges. 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. 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. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Support watersheds in which we operate, by fostering environmentally responsible operations through focusing on water efficiency, wastewater treatment and water stewardship principles. http://temp.waterfootprint.org/Reports/Ercin-et-al-2011-CorporateWaterFootprint-Softdrink.pdf Advocating for good water governance and smart water policies while engaging all stakeholders on responsible water use including customers and consumers. Want a personalized experience and access to exclusive content? Our bottling partners have created close to 300 water replenishment projects which are successfully nourishing communities with this vital resource. The Replenish Africa Initiative (RAIN). reduce, reuse, recycle and replenish the water they use locally. The food and beverage industry could be the most exposed to the impacts of climate change. Water Stewardship; Sustainable Packaging; Reducing carbon footprint; Our response to COVID-19; Priority Sustainability & ESG Issues; Tin mi nht v pht trin bn vng. A product water footprint is the total volume of freshwater consumed, directly and indirectly, to produce a product. Rotary International - Confirmed; Community Stewardship and Water Replenishment for Drinking and Hygiene. 3) Water and Climate Change. Also, please see the section below and refer to theSustainable Agriculturesection of ourSustainability Reportfor more details on our efforts with suppliers. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. By 2030, substantially increase water-use efficiency across all sectors and ensure sustainable withdrawals and supply of freshwater to address water scarcity and substantially reduce the number of people suffering from water scarcity, By 2020, protect and restore water-related ecosystems, including mountains, forests, wetlands, rivers, aquifers and lakes, By 2030, expand international cooperation and capacity-building support to developing countries in water- and sanitation-related activities and programmes, including water harvesting, desalination, water efficiency, wastewater treatment, recycling and reuse technologies. 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. 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 To guide us in working to achieve a sustainable environment, KORE also defines a rigorous set of operational controls to manage known risks. The Coca-Cola Company (TCCC) and its bottling partners understand the role our entire system plays to ensure a healthy and sustainable environment. Use regular, periodic, and objective assessments to ensure compliance with the company and applicable legal requirements. The Sustainable Development Goal (SDGs) 6 is to ensure availability and sustainable management of water and sanitation for all. Want a personalized experience and access to exclusive content? He says demand for sugar from fizzy drinks companies . Description. Explore our Purpose & Vision, History and more. Replenishing Water in the Southern Iraqi Marshlands - Confirmed, Jordan: Jordan River Foundation. Sourcing water-sustainable ingredients and supporting nature-based solutions. 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. Retreived November 04, 2016, from http://www.coca-colacompany.com/sustainabilityreport/world/water-stewardship.html#section-meeting-our-goal-for-water-efficiency Increasing Access to clean water and WASH training. [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]. Environmental Policy | The Coca-Cola Company Steinhausen, 9 December 2020. What the World Bank terms a new water consciousness is needed, in which water scarcity is understood to be the shared responsibility of government, but also business, communities and individuals. Very insightful analysis of Coca-Colas business and its impact on sustainable water sources. Commission on Sustainable Agriculture and Climate Change. We wont bug you too much because thats more work for all of us. Create awareness of ESG initiatives through communications channels. In 2015, Coca-Cola announced that they had achieved global water neutrality five years ahead of schedule. Supported by The Coca-Cola Foundation - Planned, Egypt: UN Habitat Nile River Basin Initiative. In order to expand on such improvements, we need to understand where water is used and where we have opportunities for improvement. Other nature-based interventions are being supported, such as in Tata Province in Morocco where NGOLALCESDAM, has introduced efficient irrigation systems to restore an oasis which had been deserted by its former farming communities. Thu 26 May 2011 06.00 EDT. 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. Coca-Cola | Integrating WASH and Freshwater Conservation Several programs Coca-Cola is supporting in the Middle East, North Africa and Pakistan support such nature-based interventions. Water stewardship Economic impact 20% water reduction in plants located in water-risk areas 7% 100% help secure water availability for all our communities 9) Water Stewardship: Sustainability Update. 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.
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