Coca-Cola Europacific Partners’ story of action
Greenhouse gas emissions occur across our entire value chain, from the ingredients we source, packaging we use, to the drinks we sell. Over the last decade at Coca-Cola Europacific Partners, we have reduced our value chain emissions (including scopes 1, 2 and 3) by 30%. By 2030, our ambition is to reduce by a further 30% (versus 2019) and reach net zero by 2040.
To reach our ambition, we have a roadmap aligned with climate science. We are following a ‘reduce first’ strategy, meaning that we are focused on reducing emissions as far as we can and will only invest in carbon removals or offsetting when we can’t go any further.
Our commitments include a transition to using 100% renewable electricity, using 100% recycled PET (polyethylene terephthalate) in all our plastic bottles by 2030, reducing emissions in the distribution of our products and switching to more efficient drink cooling equipment. By 2023, we are aiming for at least six of our manufacturing sites to become carbon neutral certified.
We are also supporting our strategic suppliers to set their own science-based carbon reduction targets and use 100% renewable electricity by 2023. We are working together with companies through The Climate Pledge to help reach the goals of the Paris Agreement 10 years early.
We will continue to adapt and solve key challenges to help set new milestones to achieve our longer-term reduction vision. The time is now, and we are all in for 2030.