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Coca-Cola European Partners Speeds Up Decarbonization Program

December 10, 2020: 12:00 AM EST
The British multinational Coke bottler says it is accelerating the decarbonization of its business by reducing absolute greenhouse gas (GHG) emissions by 30 percent from 2019 levels across its entire value chain – including scope 1, 2, and 3 emissions – by 2030. The overall goal is to become a Net Zero business by 2040. The emissions reduction plan affects its entire value chain: ingredients, packaging, operations, transportation, and refrigeration. A major focus will be on a commitment to support strategic suppliers as they set their own science-based carbon reduction targets and use 100 percent renewable electricity. CCEP is investing €250m ($303 million) over three years to implement the plan.
"Coca-Cola European Partners sets ambition to reach Net Zero emissions across entire value chain by 2040", Coca-Cola European Partners , December 10, 2020, © Coca-Cola European Partners
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