Coca-Cola HBC named world’s most sustainable beverage company

Coca-Cola HBC named world’s most sustainable beverage company

Coca-Cola HBC has been ranked as the world’s most sustainable beverage company by the 2022 Dow Jones Sustainability Index, regarded as one of the world’s leading global sustainability benchmarks.

The company’s score improved by six points on last year to a record 93 out of 100. This is the 12th consecutive year that Coca-Cola HBC has featured among the top three performers, and the sixth time it has been named the industry leader.

CEO Zoran Bogdanovic, said: “Our goal is to deliver a more sustainable future while continuing to build value for our stakeholders. This endorsement from the DJSI demonstrates that we’re on the right track and it is further recognition of the work and unrelenting effort by all at Coca-Cola HBC to put sustainability at the heart of our company.

Click here to watch Coca-Cola HBC’s Net Zero announcement video

“Last year, I made the ambitious announcement of our aim to reach Net Zero emissions by 2040 and I believe wholeheartedly that if we continue as we are, we’ll make this aim a reality.”

Speaking about its local operations, Miles Karemacher, General Manager Ireland and Northern Ireland said: “Sustainability is a priority for us and as one of the largest beverage producers on the island we recognise the leadership role we must play.

“With several significant ESG projects planned, next year will be a landmark year on our path towards our goal of achieving a Net Zero carbon emissions position by 2040. We continue to make strong progress against our science-based sustainability targets and have reduced our overall emissions by 60% in the last decade alone and are rapidly increasing our use of rPET (recycled plastic), which now accounts for over 50% of all plastic used.

“In addition, next year we will continue to play an active role in preparing for the rollout of the Deposit Return Scheme (DRS) in the Republic of Ireland which goes live in 2024, working closely with our customers to help them prepare for the change required.”

This latest recognition is in line with the independent ratings and scores for Coca-Cola HBC from other respected sustainability surveys and indexes, including MSCI ESG, CDP, FTSE4Good, and FTSE Russell ESG.