Bucharest, December 3rd, 2015 - Coca‑Cola HBC, a leading bottler of the brands of The Coca‑Cola Company, has announced new water and carbon commitments after being named by the Dow Jones Sustainability Index (DJSI) as the world sustainability leader in the beverage industry.
Coca‑Cola HBC has announced that it intends to reduce water use intensity by 30% by 2020, compared to 2010 and direct carbon emissions intensity by 50% over the same period.
The company’s approach to sustainability was endorsed in September when Coca‑Cola HBC was named beverage industry leader in the Dow Jones World and Europe Sustainability Indices for the second consecutive year. This is the eight year when Coca‑Cola HBC AG was included in Dow Jones Sustainability Index.
„These new targets confirm our company’s commitment to impose high standards in sustainability for the entire beverages industry. In Romania, we will get involved by implementing local programs related to efficient water and energy resources management in our plants in Ploiesti, Timisoara and Poiana Negri. We will continue the development of sustainable and innovative solutions to offer, like we did so far, quality products and to contribute to the development of the communities in which we operate. We thank all our partners for having an important contribution in achieving set targets. They will continue to be a real support in achieving these new targets.”
Irina Ionescu, Public Affairs & Communication Manager Coca‑Cola HBC Romania
Examples of Coca‑Cola HBC projects in Romania
In all the countries in which it operates, Coca‑Cola HBC AG invests and constantly gets involved in developing sustainable solutions, as a response to global challenges. In Romania, the most recent initiatives in this field are:
• Introducing, in 2014, a new innovative packaging on the Romanian market, made from up to 30% plant-based material. Using PlantBottleTM technology, the new packaging is used in the 500 ml recipients for Dorna and Dorna Izvorul Alb.
• Coca‑Cola HBC Romania has a Gold medal by European Water Stewardship for all its bottling plants – a reference achievement for all Romanian companies who want to reduce to minimum their impact on the environment. Some of the most recent innovations developed by the company, which led to this recognition, include: the use of „ionised air technology” for PET rinsing or the construction of the co-generation station in Ploiesti plant, reducing CO2 emissions by 50%.
Coca‑Cola HBC was also ranked eighth out of the top 100 companies listed on the Financial Times Stock Exchange (FTSE 100) Index for its carbon reporting by Carbon Clear — and ranked first within the beverage sector. Of the 2,500 companies across different industries, invited to participate in the DJSI assessment worldwide, Coca‑Cola HBC AG ranked beverage industry best with a total score of 87/100. This was 34 points higher than the industry average. The Group was ranked industry best in eight criteria: code of business conduct / compliance / anti-corruption, environmental policy, packaging, raw materials sourcing, human capital development, health & nutrition, social reporting and talent attraction & retention.
Annual highlights of Coca‑Cola HBC Group’s 2014 integrated report include:
• An ‘A’ rating by CDP, formerly the Carbon Disclosure Project
• 7.8 % direct and indirect carbon emissions reduction (Scope 1, 2 and 3)
• €4.3m invested in energy efficiency projects
• 4.3% improvement in energy intensity
• €5.8m invested in water saving projects, saving 1.1million m3 water
• 4.1% improvement in water intensity
• 82% Sustainable Employee Engagement Index
About Coca‑Cola HBC Group
Coca‑Cola HBC is a leading bottler of the brands of The Coca‑Cola Company in terms of volume, with sales of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries, serving a population of approximately 589 million people. Coca‑Cola HBC offers a diverse range of non-alcoholic ready to drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca‑Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities.
In Romania, like in all other countries where it runs its business, Coca‑Cola owns and operates under its own system, including all necessary links in the production and distribution of the products to the consumers. In Romania, the system consists of Coca‑Cola Romania (subsidiary of The Coca‑Cola Company, owner of the trade marks) and his partner Coca‑Cola Hellenic (CCH Romania, bottling and distributing Coca‑Cola products under license from The Coca‑Cola Company in Romania).For more information regarding the company please visit the websites www.coca-colahellenic.com and www.thecoca-colacompany.com.
About Dow Jones Sustainability Indices
The DJSI were launched in 1999 as the first global sustainability benchmarks. The indices are offered cooperatively by RobecoSAM and S&P Dow Jones Indices. The group tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. Following an evaluation of a range of general and industry-specific issues only the top 10% are accepted for inclusion. For more information visit http://www.sustainability-indices.com/.