Staying The Course: Coca-Cola HBC Leader in the Dow Jones Sustainability Indices (Djsi) for the Fourth Consecutive Year
This unique achievement in the beverage sector demonstrates Coca-Cola HBC’s leading sustainability practices and transparent reporting
Coca-Cola HBC, a leading bottler of The Coca-Cola Company,was named today sustainability leader in the beverage industry by the Dow Jones Sustainability Indices assessment for the fourth consecutive year. Following a robust sustainability performance in 2016, particularly in the areas of labour practices, strategy for emerging markets, health and nutrition, and across the environmental dimension,the Company achieved a total score of 90, which is 38points higher than the industry average.
During the year,Coca-Cola HBC continued to focus on minimising its environmental impact further and driving positive change in collaboration with its partners by developing a sustainable value chain and supporting the communities to enhance their overall well being.
Building on the improvements made in previous years, the amount of water used for producing a litre of beverage declined by3% in 2016. The energy use ratio also declined by 5%, meaning that the company needs less energy to produce a litre of beverage. The equivalent of 37% of total packaging placed on the market place was recovered for recycling in 2016.
Coca-Cola HBC servesapproximately600 million consumers across 28 established, developing and emerging markets on three continents.During 2016 the company invested €7.3 million – 1.6% of its pre-tax profit – in numerous initiatives to improve community well being, focusing on environmental and water stewardship and youth development, in partnership with more than 294 NGOs.
2016 key sustainability highlights:
- 31,083people employed
- 35,000 suppliers in the value chain
- €3.1 billion supplier spend
- €281 million total taxes paid
- 6% direct carbon emissions reduced year on year
- Waste per litre of beverage produced declined by 33% year on year
88%sustainable employee engagement score
About Coca-Cola HBC Group
Coca‑Cola HBC is a leading bottler of The Coca‑Cola Company with a sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 595 million people.
About Dow Jones Sustainability Indices
The DJSI were launched in 1999 as the first global sustainability benchmarks. The indices are offered cooperatively by Robeco SAM and S&P Dow Jones Indices.