09-18-2023
This month, the 78th United Nations General Assembly is convening global leaders in New York City to discuss progress in advancing the 2030 UN Sustainable Development Goals (SDGs) and to continue to explore solutions to climate change, food insecurity, social inequality and other mounting challenges.
The SDGs were developed in 2015 by the 193 UN member states to work toward a future where all people thrive within a healthy environment. Governments, global companies and organizations around the world have rallied around the 17 SDGs as an important framework to address complex, interrelated global issues.
The Coca‑Cola Company and its bottling partners are taking action to advance the SDGs, and to support healthy environments and build resilience into both business operations and local communities. Sustainability goals and initiatives are focused on areas where the company and its partners can make a significant, measurable impact on communities and nature—including water stewardship, circular economy, climate action and regenerative agriculture—and these priorities are interlinked with many of the SDGs. We report on our sustainability progress annually in our Business & Sustainability Report, which includes the SDGs here.
“We recognize that we cannot achieve any one of the SDGs on our own. Yet, as a global company with a vast supply chain and consumer reach, we have a responsibility to stand up and take action alongside others,” said Michael Goltzman, Vice President, Global Policy & Sustainability, The Coca‑Cola Company. “We have taken a close look at where we can make direct contributions to the SDGs in collaboration with NGO partners, industry peers, customers and suppliers.”
While there are various initiatives taking place globally across the Coca‑Cola system, here are four ways we are contributing to the SDGs:
SDG 6: Ensure availability and sustainable management of water and sanitation for all
Around the world, The Coca‑Cola Company and its bottling partners invest in projects that promote watershed health while supporting nature-based solutions such as reforestation, wetland and meadow restoration and irrigation system improvements. Many projects aim to improve availability of water for irrigation and more efficiently use water in agriculture.
In Bursa, Turkey, the Coca‑Cola system is taking action to improve water-use efficiency and watershed health across its operations while supporting local farmers and communities. A local watershed stewardship plan is driving water efficiency improvements in a Coca‑Cola İçecek bottling plant and with support from The Coca‑Cola Foundation, helping local fruit farmers adopt effective irrigation practices and improve water quality. The plan, which supports The Coca‑Cola Company’s 2030 Water Security Strategy, also includes reforestation efforts to filter water and regulate precipitation and evaporation flows, as well as the installation of community rainwater harvesting systems.
SDG13: Take urgent action to combat climate change and its impacts
The Coca‑Cola system is working in partnership with stakeholders to reduce carbon emissions across its value chain. As of 2022, the system reduced its emissions across Scopes 1, 2 and 3 by 7%, making progress toward both its science-based reduction target of 25% by 2030 and ambition to achieve net zero emissions by 2050. Several bottling partners have announced their own science-based targets and pledges to drive climate action.
The World Economic Forum’s Global Lighthouse Network recognized The Coca‑Cola Company’s concentrate manufacturing facility in Ballina, Ireland, as a manufacturer showing leadership in applying Fourth Industrial Revolution technologies at scale to drive step-change financial, operational and sustainability improvements.
Approximately one-third of our global emissions comes from cold-drink equipment and dispensing. We continue to replace older equipment with more energy-efficient coolers and with hydrofluorocarbon (HFC)-free. In 2022, 88% of all new coolers placed were HFC-free, which is an increase from 61% of coolers placed in 2016. We are also installing more “intelligent connected” coolers that can transmit data such as product throughput, maintenance status, temperature and energy use, providing operational benefits and helping reduce emissions.
In addition, earlier this year, building on analysis we conducted in 2022, we published internal guidance for coolers used across our value chain. The guidance sets specific energy usage limits, which will require increasing energy efficiency between now and 2030 and continue to help drive the replacement of older, less efficient coolers.
SDG12: Ensure sustainable consumption and production patterns
In 2018, recognizing its responsibility to help solve plastic waste challenges facing the planet and society, The Coca‑Cola Company launched the World Without Waste sustainable packaging platform to drive systemic change through a circular economy with a focus on interconnected targets:
More than 40 markets currently offer at least one brand in 100% recycled (rPET) bottles (excluding caps and labels). In Japan, we were proud to achieve our World Without Waste goal of 50% recycled material use in the first quarter of 2022. Four brands in the country are now offered in 100% recycled PET and supported by an educational marketing campaign. In Europe, eight markets now offer their entire locally produce portfolios in 100% rPET.
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Sprite, meanwhile, continues to transition its plastic bottles from green to clear plastic. The move, which the brand has completed or is in process in over 100 countries, improves the efficiency of recycling systems and boosts availability of food-grade recycled plastic.
SDG17: Strengthen the means of implementation and revitalize the global partnership for sustainable development
Cross-sector partnerships are critical to driving action. By collaborating with a range of leading organizations and coalitions including World Wildlife Fund (WWF), the CEO Water Mandate, the and working to support the UN Plastics Treaty, the Coca‑Cola system is making a difference in areas such as emissions reduction, water replenishment and sustainable packaging.
In July, the company and eight bottling partners announced a $137.7 million venture capital fund focusing on sustainability investments. Greycroft, a seed-to-growth venture capital firm, will manage the Coca‑Cola System Sustainability Fund with a focus on five key areas: Packaging, Heating and Cooling, Facility Decarbonization, Distribution and Supply Chain. The fund will invest in companies at the point of commercialization.
