Coca-Cola European Partners Releases 2017 Stakeholder Progress Report
Coca‑Cola European Partners (ticker symbol: CCE) today launched its latest Stakeholder Progress Report, outlining key achievements in the company’s sustainability journey in 2017.
The report comes six months following the launch of This is Forward, Coca‑Cola European Partners’ (CCEP) joint sustainability action plan with The Coca‑Cola Company in Western Europe that sets out commitments across six areas including drinks, packaging, and society – to be met by 2025.
The Stakeholder Progress Report provides the first update on performance against the 2025 targets, showing that CCEP has:
- Continued to ensure that its packaging is recyclable. In 2017, 96.6% of its packaging was recyclable, and 24.6% of the PET used in its bottles was from recycled PET.
- Reduced the carbon footprint of its core business by 45.3%, and the emissions across its value chain by 28.3% per litre, since 2010.
- Reduced its overall water use in manufacturing by 11.78%, since 2010.
- Reduced the amount of sugar in its drinks by 9.3% since 2010 – removing nearly 100,000 tonnes of sugar from its portfolio. 37% of the volume of drinks its sells are now no or low-calorie. This is higher still in Belgium and Luxembourg and Great Britain, where 50% sold is no or low-calorie.
Reflecting on the progress made in 2017 and since the launch of This is Forward, Damian Gammell, CEO of Coca‑Cola European Partners, said:
“Last year was pivotal for us in our journey to becoming a more sustainable business. We invested a lot of time in speaking to employees, customers, communities, stakeholders and our partners at The Coca‑Cola Company to create our new sustainability action plan, This Is Forward – an important step in defining the role we play in society and how our progress will be measured.
“I’m proud of what CCEP achieved in 2017, however, there is much more to do on the recovery of our packaging and the contribution we make to society. We look forward to working closely with our partners to improve further, using our business and our brands to build a better future for people and the planet.”
It is Coca‑Cola European Partners’ second update to stakeholders on sustainability since its creation from the merger of Coca‑Cola Enterprises (CCE), Coca‑Cola Erfrischungsgetranke (CCEG) and Coca‑Cola Iberian Partners (CCIP) in May 2016.
For further information, please contact:
Media Relations, Selena Taylor, 07980 766293 or CCEP@enginegroup.com
Notes to Editor
ABOUT Coca‑Cola European Partners
Coca‑Cola European Partners plc (CCEP) is a leading consumer goods company in Europe, selling, making and distributing an extensive range of non-alcoholic ready-to-drink beverages and is the world’s largest independent Coca‑Cola bottler based on revenue. Coca‑Cola European Partners serves a consumer population of over 300 million across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Iceland, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden. The Company is listed on Euronext Amsterdam, the New York Stock Exchange, Euronext London and on the Spanish stock exchanges, and trades under the symbol CCE. For more information about CCEP, please visit our website at www.ccep.com and follow CCEP on Twitter at @CocaColaEP.