ReportAlert.info - Coca-Cola Enterprises (NYSE:CCE) Publishes Seventh Corporate Responsibility and Sustainability (CRS) Report
The company details carbon and water footprint reductions in its 2011/2012 report
(3BL Media) May 9, 2012 - Coca-Cola Enterprises released its seventh company-wide Corporate Responsibility and Sustainability (CRS) report: “How can a drink build a more sustainable tomorrow?”
This is the company’s first report since the publication of its “Deliver for Today, Inspire for Tomorrow” sustainability plan in September 2011. Built on extensive stakeholder feedback, the plan defines the company’s new sustainability vision, commitments and more challenging targets as it seeks to grow its business while building a more sustainable tomorrow.
The report demonstrates how CCE is delivering against each of its seven CRS focus areas. It also emphasizes the importance of stakeholder engagement and collaboration for CCE.
Key achievements include:
- Grew volume by 3.5%, while reducing emissions from manufacturing, distribution and the cooling of products by 8.4%
- Became the first soft drinks company to receive the Carbon Trust Standard Award, receiving the best-ever score out of 675 companies.
- Invested $23 million of capital expenditure on carbon reduction projects, such as solar panels installed on the roof of new green distribution centre in Belgium and at three sites in Great Britain
- Invited to join the EU Corporate Leaders Group on Climate Change.
- Launched a ‘Carbon Challenge’, in which 129 of CCE’s suppliers were surveyed on their carbon performance and asked to implement reduction plans.
- Reduced the amount of water required to make 1 liter of product to 1.43 liters – a reduction of 13 percent since 2007.
• Executed recycling programmes at major summer festivals in France, Belgium and Great Britain, as well as with major retailers ASDA and Carrefour, reaching over 4.7 million consumers.
• Launched water replenishment partnership with WWF-UK and The Coca-Cola Company focusing on improving water quality in river catchments in South East England.
• Invested $5.7 million in our communities. Activities included our ‘Real Business Challenge’ programme in Great Britain in which 45,000 students participated.
The report can be accessed at www.ccesustainabilityplan.com/crsreport2011-12
Comments and feedback related to the report are welcome at crs@cokecce.com
About Coca-Cola Enterprises
Coca-Cola Enterprises is the leading Western European marketer, distributor, and producer of nonalcoholic drinks and one of the world's largest independent Coca-Cola bottlers. CCE is the sole licensed operator for products of The Coca-Cola Company in Belgium, France, Great Britain, the Netherlands, Norway and Sweden.
www.cokecce.com