Coca-Cola HBC again recognised by CDP with double ‘A’ score for global climate action and water stewardship

Zug, Switzerland – 7 December 2021:  Coca-Cola HBC has again been recognised with an ‘A List’ ranking from CDP for its actions relating to tackling climate change and preserving water security.  This is the 6^th successive year that Coca-Cola HBC has received this rating for climate and the 5^th time in six years for water. 

Coca-Cola HBC is one of only 1% of companies to receive a double ‘A’ rating, out of the over 13,000 businesses assessed by CDP.

This result builds on recognition for Coca-Cola HBC from other respected sustainability surveys and indexes such as the DJSI, MSCI ESG, FTSE Russell ESG and ISS-Oekom.  

The full list of companies that made this year’s CDP A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores

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In October 2021, Coca-Cola HBC committed to achieving net zero emissions across its entire value chain by 2040. The company has created a robust action plan and will invest €250 million in emissions reduction initiatives by 2025. Via an existing, approved science-based target, by 2030 the company will reduce its value chain emissions in scopes 1,2 and 3 by 25%, with a further 50% reduction in the following decade. To address the 90% of emissions in scope 3 resulting from third party actions, CCH will broaden its existing partnership approach with suppliers. Wherever emissions cannot be eliminated entirely, the business will mitigate these by investing in other climate protection measures.
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Note to editors
The full methodology and criteria for the A List is available on CDP’s website at: https://www.cdp.net/en/companies/companies-scores