Grow our business but not our system-wide carbon emissions from manufacturing operations through 2015 compared with a 2004 baseline.
Off Track. Total emissions increased 1 percent compared to 2014, and stand 16 percent higher than our 2004 baseline. Our global manufacturing emissions in 2015 were an estimated 5.58 million metric tons, 20 percent lower than the business-as-usual forecast, which refers to what they would have been if we had not taken on greenhouse gas reduction initiatives.
While off track in meeting our global manufacturing emissions goal, our energy efficiency improvements continued in 2015. Using energy more efficiently enables us to reduce our carbon footprint, conserve natural resources and contain costs.
Total emissions increased 1 percent compared to 2014, and stand 16 percent higher than our 2004 baseline. Contributing factors include volume growth outpacing emission ratio improvements, insourcing of external manufacturing processes, and slower than anticipated scaling of the Company’s renewable energy program. However, with global manufacturing emissions in 2015 estimated at 5.58 million metric tons, they were 20 percent lower than the business-as-usual forecast, which refers to what they would have been if
The total amount of energy consumed by manufacturing sites across our system has grown as our business has grown—from 54.4 billion megajoules in 2004 to 62.5 billion megajoules in 2015. We remain focused on reductions and importantly, improving our energy efficiency. In 2015, the
Our renewable energy program is an area we’re working to advance. We created a Clean Energy Toolkit to help local teams make informed decisions on potential investments, and we have been working locally in several markets to embrace renewable energy initiatives. Here are just a few examples:
- In Europe, we have an established goal to source approximately 30 percent of our energy from alternative/renewable energy sources, including renewable energy supplied by the grid. To date, 17 percent of our energy used in Europe is sourced from alternative/renewable sources.
- Coca-Cola FEMSA, our system’s largest independent bottler, intends to source 85 percent of its manufacturing energy in Mexico from clean energy by 2020, and has begun engagement with wind farm developers.
- All manufacturing sites in Spain currently use electricity from clean sources, including wind, photovoltaic, solar thermal, hydraulic and biomass.
- Our largest bottling company in India plans to source 40 percent of its energy from renewable sources by 2020.
Moving forward, this work will continue to be tracked and reported transparently within our overarching goal of reducing the carbon footprint of the “drink in your hand” by 25 percent by 2020.
More on Journey
- WEF Africa 2017: Creating Mixed Livelihoods for Africa’s Electric Youth
Coca-ColaIndia and Partners to Invest $1.7 Billion in Country’s Agricultural Ecosystem
- Release of Chinese Deer into Natural Environment Marks New Step for Nearly Extinct Species
- What Will it Take to Make the World’s Biggest Companies Sustainable?
- 2016/17 Sustainability Update: Independent Assurance