Coca-Cola European Partners Releases 2016 Stakeholder Progress Report
Coca-Cola European Partners (ticker symbol: CCE) today launched its first Stakeholder Progress Report, outlining key achievements in the company’s sustainability journey in 2016 and providing consolidated sustainability performance data.
This is the company’s first 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.
It shows that CCEP has:
- Reduced the calories across its portfolio by 7.9 since 2010 – and is working with The Coca-Cola Company to transform the entire portfolio, to offer an even wider range of drinks to its consumers
- Reduced the carbon footprint of the core business operations – which includes manufacturing, cold drink equipment and transportation – by 42.6% since 2010
- Continued to ensure that all packaging is recyclable, and in 2016, 21% of the PET used was recycled PET
- Donated approximately €6.6 million, or 0.5% of pre-tax profit to its local communities in 2016.
This stakeholder progress report comes before the release of new sustainability targets and commitments this autumn, which will form the first sustainability strategy for Coca-Cola in Western Europe.
Reflecting on the progress made in 2016, Damian Gammell, CEO of Coca-Cola European Partners, said: “When we created the world’s largest Coca-Cola bottler, we put sustainability – in it broadest sense – at the heart of the business. CCEP’s first Stakeholder Progress Report provides a clear view of the foundations upon which we will build, from transforming our drinks portfolio and packaging to working with our local communities. I am proud we have achieved so much since forming CCEP and this is truly down to the passion and commitment of our employees and the great partnerships that we have developed with suppliers, customers, local communities, NGOs and stakeholders.”
The report is available on CCEP’s website www.ccep.com
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Notes to Editor
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.