2022 Business & Sustainability Report


In 2022, we continued to build a portfolio of loved beverage brands while building a more sustainable future for our business, communities and planet. We have an opportunity to use our scale to address global challenges and create a force for good. Our Business & Sustainability Report aims to provide a transparent look at our actions, progress and learnings. 

As a global company with operations in more than 200 countries and territories, we have a responsibility to help protect local water resources. Our 2030 Water Security Strategy focuses on improving sustainable access to clean water for people and ecosystems where we operate, source beverage ingredients and touch people’s lives – through investments in the world’s most water-stressed regions. 

Water Leadership

Our ambitious strategy to drive a circular economy for our packaging focuses on measurable and interconnected goals: Making 100% of our packaging recyclable globally by 2025—and using at least 50% recycled material in our packaging by 2030; collecting and recycling a bottle or can for each one we sell by 2030; and bringing people and organizations together to support a healthy, debris-free environment.


We offer beverage choices for all occasions and lifestyles across a range of categories and in a variety of packages. Our disciplined approach to innovation includes offering beverages with reduced added sugar and more brands with nutrition and wellness benefits, providing clear nutrition information on packaging, and marketing our drinks responsibly.


We are actively working on sustainable solutions across our global value chain to build climate resilience, reduce our carbon footprint and protect biodiversity. Our interconnected approach to sustainability supports our science-based target to reduce our absolute greenhouse gas emissions by 25% by 2030 (compared to 2015 levels), as well as our ambition to achieve net-zero carbon emissions by 2050. 


Our ability to deliver quality products requires a sustainable and secure supply of agricultural ingredients. In 2021, we launched our Principles for Sustainable Agriculture (PSA) to encourage and guide our suppliers to drive continuous improvement in sustainable farming practices. Our goal is to sustainably and ethically source priority ingredients to increase the resilience of our diverse supply chain, conserve nature and economically empower farmers. 

Sustainable Agriculture

We help create a better shared future for everyone our brands and business touch by providing access to equal opportunity; fostering belonging in our workplaces and communities; respecting human rights across our operations and supply chain; economically empowering underrepresented groups; and giving back through philanthropic initiatives. 

People and Communities

Business & Sustainability Report

Publication Details

- Publication date: April 2023

- Language: English

- Number of pages: 88

Below is a list of quick links from the report:

3. Chairman & CEO Message

5. Board of Directors

6. Executive Summary

12. Our Company

24. Water Leadership

31. Portfolio: Beverages for All

36. Packaging

43. Climate

47. Sustainable Agriculture

51. People & Communities

63. Operations Highlights

69. About This Report

70. Data Appendix

86. Assurance Statements

87. Reporting Frameworks & Sustainable Development Goals (SDGs)