Goal: Grow our business, but NOT our system-wide carbon emissions from our manufacturing operations. Reduce our absolute emissions from our manufacturing operations in Annex 1 (developed) countries by 5 percent by 2015.

Globally, the Coca-Cola system has more than 900 bottling and manufacturing facilities. Globally, we are working to minimize and stabilize our emissions; this includes our emissions in developing countries.

As a result of our focus on reducing manufacturing emissions, WWF has welcomed us into its Climate Savers program, a group of leading corporations from around the world that are working with WWF to dramatically reduce their greenhouse gas emissions. 

To improve energy efficiency within our facilities, we started with the basics -- fixing leaks, insulating pipes, reducing pressure and optimizing temperatures to eliminate energy waste.

From there, we are moving to investments in efficient lighting, compressor optimization and heat recovery. We also are investing in combined heat and power and renewable energy.

The total amount of energy consumed by manufacturing sites across our system has grown as our business has grown -- from 54.6 billion megajoules in 2004 to 58.8 billion megajoules in 2010. But our energy efficiency ratio -- the amount of megajoules used per liter of product -- has improved. In 2010, our ratio was 0.45 megajoules per liter -- a 1 percent improvement over 2009 and a 14 percent improvement overall since 2004. By improving our energy efficiency ratio, we avoided $163 million in energy costs for 2010 -- and over $600 million cumulative since 2004.

In October 2009, Coca-Cola Hellenic one of the largest bottlers of Coca-Cola in the world inaugurated the first of 15 cogeneration facilities to be built in 12 countries, including eight European Union member states. The first plant is in Bucharest, Romania. Cogeneration plants generate electricity and useful heat at the same time. These units will reduce CO2 emissions by an estimated 20 percent across 80 beverage production plants. Watch the video.