Climate change is one of the most serious and complex challenges facing the world – and we are committed to playing our part in global efforts to tackle climate change in line with the 2015 Paris Climate Change Agreement and UN Sustainable Development Goal 13 on Climate Action.
Political and scientific consensus indicates that increased concentration of carbon dioxide and other greenhouse gases (GHGs), which can in part be attributed to emissions generated from businesses like our own, are leading to gradual rises in global average temperatures.
This is influencing global weather patterns and causing extreme weather conditions around the world. Climate change has also been linked to greater water scarcity and a worsening of water quality. It can also reduce agricultural productivity which could affect the availability and cost of the key ingredients that we use in our products. An increase in extreme weather such as storms or floods could also impact our manufacturing and distribution networks.
This is a critical issue for society, for those directly impacted by climate change and for our business. We have already made significant progress in reducing greenhouse gas emissions related to both our core business and our value chain.
However, we need to do more and are determined to meet our stakeholders’ expectations on key topics including renewable electricity use and GHG emissions from the transportation and chilling our products.
This is Forward includes new carbon reduction targets - for both our own business and our value chain - which are fully aligned with climate science and have been validated by the Science Based Targets initiative (SBTi). We are also making a commitment to use 100% renewable electricity as part of The Climate Group’s RE100 initiative. We believe that full transparency about our GHG emissions is important. As a result, we have included information on climate risks and our GHG emissions in CCEP’s first Annual Report and Accounts and Stakeholder Progress Report and we also share detailed information about GHG emissions related to our business in Western Europe through CCEP’s annual response to the Carbon Disclosure Project.
Our Action on Climate supports UN Sustainable Development Goals 7 and 13 on Clean Energy and Climate Action.