The 2018 Dow Jones Sustainability Indices – a leading global benchmark for sustainability in business – were published yesterday. Coca‑Cola HBC is ranked in the top three of both the Global and European beverage industry leagues after having been the industry leader for the past four years.
This coincides with announcement of Coca‑Cola HBC’s sustainability commitments for 2025, which will take the ambition of its 2020 Sustainability Commitments further.
The commitments address six key areas: reducing emissions; water use and stewardship; World Without Waste; ingredient sourcing; nutrition; our people and communities.
Among a total of 17 new commitments, Coca‑Cola HBC will particularly focus on:
- Increasing energy-efficient refrigerators to 50% of its coolers in the market
- Sourcing 100% of total electricity used in EU countries & Switzerland from renewable and clean energy
- Helping secure water availability for all of its communities in water risk areas
- Helping collect the equivalent of 75% of primary packaging
- Ensuring 50% of manager positions are held by women
- Training 1 million young people through the #YouthEmpowered programme(Baseline: 2017)
Commenting on the ranking, CEO Zoran Bogdanovic said: “We will learn from the results of the Dow Jones Sustainability Index in order to continue improving our policies and practices. Our 2025 Sustainability Commitments, released today, confirm that sustainability is embedded in our business strategy, driven by the expertise of our employees and partners and their commitment to sustainable practices and performance. "
Notes for editors
Introduced in 1999, the DJSI is the most widely recognised benchmark for corporate sustainability. Companies are judged against strict economic, environmental and social criteria, with a strong focus on long-term shareholder value. The rigorous, rules-based methodology reveals the sustainability leaders in world business, with 2,100 companies assessed across 59 industries in 47 countries.