SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. It also means working to preserve nature, biodiversity and promote advanced water management practices. In 2016 it improved its water efficiency by 10% as compared to 2010. (2011). Water Stewardship | Coca-Cola And in Gaza, Coca-Cola started working with Mercy Corps in 2017 to provide desalination technology to enhance water access for more than 125,000 people. Water Stewarship Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. This includes working with select suppliers and business partners that have a strong commitment to the running of sustainable operations and processes. The Sustainable Development Goal (SDGs) 6 is to ensure availability and sustainable management of water and sanitation for all. These analyses identify leadership locations and priority watersheds to guide our efforts to the areas where it matters most.. Water Leadership. Coca-Cola Sustainability Initiatives | Coca-Cola EG By 2020, improve water efficiency in manufacturing operations by 25 percent compared with a 2010 baseline. PDF Key performance indicators Tracking our progress - Coca-Cola Hellenic MGPO - Confirmed, Morocco: LAlcesdam Phase 2. Working to achieve regenerative water use reducing, reusing, recycling and replenishing the water used to produce its beverages. Water Stewardship - Coca-Cola Foundation PH High-level Political Forum on Sustainable Development, UN Conferences and High-Level Events related to sustainable development, Multi-stakeholder Forum on Science, Technology and Innovation for the SDGs, Second Committee of the UN General Assembly , Multidimensional Vulnerability Index for SIDS, FAQ about the submission of voluntary commitments / partnerships. -(Benjamin Franklin). 2030 Water Security Strategy | Department of Economic and Social Affairs Water Conservation & Stewardship | The Coca-Cola Company At the same time, we publicly announced ourSustainable Agriculture Guiding Principles (SAGP), which were developed over the course of several years in collaboration with our NGO partners, bottling partners and suppliers. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Our 2020 goal is aggressive. In 2007, the foundation expanded its philanthropic reach "to include global water stewardship programs, fitness and nutrition efforts and community recycling programs.". Our first water goal was to become water-balanced by 2020. Advocating for good water governance and smart water policies while engaging all stakeholders on responsible water use including customers and consumers. ALLIANCE FOR WATER STEWARDSHIP (AWS) AUDIT REPORT Based on AWS Standard Version 2.0 [Coca Cola European Partners] [Eindsestraat 137, Dongen, 5105NA, Netherlands] . , Our vision is to craft the brands and choice of drinks that people love, to refresh them in body and spirit while doing this in a way that creates a more sustainable business and better shared future. Estimates are that the . This collective action approach is at the heart of the partnership between WWF and Coca-Cola. Our progress on water efficiency places us among the leading companies in the beverage industry according to abenchmarking reportby theBeverage Industry Environmental Roundtable. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. Incidentally, this transition process is closely aligned with draft methodology of the Science-Based Targets Network (SBTN) on water. Our products depend on a healthy supply chain with thriving farming communities. We collaborate with NGO partners and local communities to create sustainable water solutions and improve water security where it is needed most. Retrieved November 04, 2016, from http://www.coca-colacompany.com/our-company/sustainability-update-water-stewardship Pht trin bn vng | Coca-Cola In 2014, Coca Cola replenished 2014 of the water it used for the production of beverages. About one-third of the Coca-Cola systems bottling plants operate in water-stressed areas, and more than 73% of its global water footprint is used to grow agricultural ingredients like cane sugar, oranges and apples. Retrieved November 04, 2016, from http://www.nasdaq.com/press-release/cocacola-is-the-first-fortune-500-company-to-replenish-all-the-water-it-uses-globally-20160829-00001 Integrated management Plan for the Guerbes-Sanhadja Wetland. In 2018, Coca-Cola Canada achieved 100% water replenishment by partnering with local organizations and helping improve, restore and . Although the amount of water purportedly replenished to the environment may very well balance their overall water usage from bottling, the underlying inequity at the community level remains problematic; notably, each bottling plant is not required to replenish water to its direct source, [8] and thus total water neutrality was often achieved by replenishing aquifers at locations far removed from the plants actual water sources, leaving local communities ever vulnerable to depletion of their water source while Coca-Cola reaps positive PR for replenishing it elsewhere. Coca-Colas rhetoric grossly underestimates the water footprint required to produce its beverages, commonly citing bottling requirements of 2.16L per 1L of finished product [9]. Our water strategy focuses on sustainable water security through local water replenishment, advocacy for smart water policies, and responsible water use throughout our operations and communities, We will work to improve water availability and quality, ecosystems, access and governanace to increase water security for our business, We will work to improve water availability and quality, ecosystems, access and governance to increase water security for our business. Form 10-K submitted to the United States Securities and Exchange Commission for the fiscal year 2007, Washington, D.C. Retrieved November 4, 2016, from http://www.coca-colacompany.com/investors/2008-annual-report-on-form-10-k The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Supported by The Coca-Cola Foundation - Planned, Egypt: UN Habitat Nile River Basin Initiative. Explore our Purpose & Vision, History and more. Collaborate (as appropriate) with public and private entities (including governments, non-governmental organizations, other businesses, and local communities) to advance environmental stewardship initiatives.. 2023 The CocaCola Company. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Across the board, we are seeking greater impact against these shared challenges. Water efficiency in agriculture, for example through modern irrigation systems, can be part of the answer, but our goal here as well is to not only manage our impacts but to contribute to overall watershed health. How Coca-Cola came to terms with its own water crisis Our purpose is to refresh the world and make a difference. Localized, context-based targets, to be announced later this year, will support the global framework. Promote a culture of environmental excellence through innovation, knowledge sharing platforms across the Coca-Cola system and continuously evaluating and benchmarking our environmental performance. However, there is reason to be skeptical of the missions success. All rights reserved. Overview. Part of that is aligning with industry standards and benchmarks. [10] Indeed, agriculture contributes the largestwater footprint globally. PDF Alliance for Water Stewardship (Aws) Audit Report To capture these multiple benefits systematically, we have piloted Natural Capital accounting based on our replenish work in Europe and are contributing to a global, multi-stakeholder methodology on co-benefits accounting. The Coca-Cola Company and The Nature Conservancy Release Water Water Stewardship; Sustainable Packaging; Reducing carbon footprint; Our response to COVID-19; Priority Sustainability & ESG Issues; Tin mi nht v pht trin bn vng. What were doing is to look at our agriculture ingredients with the highest water-use intensity that use the most water for any ton of produce and are grown in water-stressed areas to identify priority sourcing watersheds. However, I am deeply troubled by how they can actually force suppliers to adapt to more sustainable strategies without pushing costs up the supply chain. . To ensure that The CocaCola Company makes a meaningful contribution to that goal, we created a water stewardship strategy. While before, many retailers and customers may not have thought too long about how much water the company consumes, Coke has now put a spotlight on a very sensitive global issue. Over 60 percent of the MENA regions population lives in areas with high or very high surface water stress, compared to a global average of about 35 percent. With these 1,000 new donations, Coca-Cola will have provided more than 22,000 syrup drums to be used as rain barrels all across the country since 2008. The progress of the above goals is reported annually through our Business & Environmental, Social and Governance Report, which reflects our continued journey toward driving sustainable business practices into our core strategy. Our water strategy focuses on sustainable water security through local water replenishment, advocacy for smart water policies, and responsible water use throughout our operations and communities. Though I agree there is a significant amount of water used to make Cokes end product, it would seem that they have done some real good, for both themselves and the planet as a whole. The Replenish Africa Initiative (RAIN). Replenishment interventions will play a role or contribute, but it's not the only solution to address the root causes of risk in many places. H thng CocaCola v Qu CocaCola huy ng ngun lc h tr cc chng trnh cu tr l lt ti Kentucky . Replenishing Water in the Southern Iraqi Marshlands - Confirmed, Jordan: Jordan River Foundation. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. Supported by The Coca-Cola Foundation - Confirmed, Pakistan: WWF Integrated Watershed Management and Livelihood Improvement Project in Selected Sub-catchments of Khanpur Dam - Confirmed; Zindagi. PDF Coca-Cola HBC - UN Global Compact Communication on Progress 2020 Our systemwide water efficiency has improved for 15 consecutive years. In Pakistan, again with WWF, Coca-Cola has supported the Paani Safe Water Initiative, improving water access for 500,000 people through community outreach and education. As climate change continues to exacerbate water stress in Africa, The CocaCola system in Africa leads with the mindset to "Reduce . Coca-Cola Foundation | Inside Philanthropy Fig 3:http://www.ceres.org/issues/water/agriculture/water-risks-food-sector. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. (2008). Building on results and learnings over the last decade, the strategy maintains leading standards for water risk management, continuous water use efficiency improvement and wastewater treatment. 8) Fortune 500 Company to Replenish All the Water it Uses Globally. We believe in reducing our own greenhouse gas emissions and building resilience through investments to enable our businesses and communities to adapt to climate change. Coca-Cola PESTEL Analysis - The Strategy Story Our current approach is designed around four strategies - protect, reduce, recycle and replenish - that touch every aspect of our operations, both inside and outside our factories. As a global community, we are increasing demand, particularly from agriculture water use globally, but also from growing urban populations and a booming middle class, and that generally brings water use up. Armenia. And in Algeria, The Coca-Cola Foundations partnership with the United Nations Development Program (UNDP) will restore a 60-hectare area of the dune cordon in the Guerbes-Sanhadja Wetland Complex that has been degraded by human activity. Coca-Cola's new strategy has a vision to "achieve water security for its business, communities and nature where the company operates, sources agricultural ingredients for its beverages and touches people's lives by 2030." Our purpose is to refresh the world and make a difference. Working with suppliers so they use less water to grow ingredients. But have their efforts gone far enough? Lorem ipsum dolor sit amet These controls generally align with top global requirements and consensus standards. Address: Coca-Cola HBC AG Turmstrasse 26 Zug 6300 Switzerland Zug 6300 Switzerland; View Site. Improving community access to drinking water, sanitation and hygiene while supporting people especially women and girls to prepare and rapidly recover from water-related crises. Additionally, as of 2019, we have improved the efficiency of our water use by 18% since 2010. Sustainability :: The Coca-Cola Company (KO) (2016). The food and beverage industry could be the most exposed to the impacts of climate change. In 2015, Coca-Cola announced that they had achieved global water neutrality five years ahead of schedule. In 2017, our water efficiency improved for the 15th consecutive year, with a 2.55% improvement over 2016, a 15% improvement over 2010. Additionally, as of 2019, we have improved the efficiency of our water use by 18% since 2010. It is interesting that the company has chosen to focus on water replenishment for the water within each can when its thirstiest ingredient (sugar) is also one that has long been criticized for its contribution to obesity and health problems. Orange juice produced for the North American market. The Coca-Cola Company and The Nature Conservancy announced September 8 the release of a water footprint report in conjunction with World Water Week in Stockholm, Sweden. Coca-Cola and Water Scarcity: substantial progress or just another drop Our purpose is to refresh the world and make a difference. Coke Intensifies Water Stewardship Partnerships - Coca-Cola Company Water stewardship Economic impact 20% water reduction in plants located in water-risk areas 7% 100% help secure water availability for all our communities By becoming a better company, we can help build a stronger, more sustainable future for us all.. Water is a great connector for creating benefits across our different goals. With rapid population growth, and climate change, these challenges are becoming more critical than ever. . The three goals accelerating our actions on water are as follows: Achieve 100% circular water use - or regenerative water use . Achieve 100% circular water use or regenerative water use across 175 facilities identified as leadership locations by 2030. The CocaCola System and The CocaCola Foundation Mobilize to . In 2017, we used about 289 billion liters of water to produce approximately 151 billion liters of product (e.g.,Coca-Cola, Diet Coke and Coke Zero) that translated into some 166 billion liters of finished product sales to consumers. Meet our Science-Based target through initiatives that include but are not limited to renewable energy, improved energy efficiency, waste reduction, equipment innovation and supplier engagement. Want a personalized experience and access to exclusive content? From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. Water is essential to every person and every ecosystem in the world; it is also essential to the products we make and the agricultural ingredients we use. This Water Stewardship Policy is approved and endorsed by the Social Responsibility Committee of the Coca-Cola HBC Board of Directors. They have bottling factories in 13 European countries. . Use regular, periodic, and objective assessments to ensure compliance with the company and applicable legal requirements. ''When the well is dry, we know the worth of water"-(Benjamin Franklin).
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