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Coca-Cola’s Business & ESG Report 2020

ESG goals are embedded in how Coca-Cola operates as a business and are part of its very foundation.

Even during a year filled with uncertainty, the company continued to take action by advancing its ESG goals and working toward new, more ambitious plans, including its 2025 packaging goals, its 2030 climate goal, and its new 2030 water strategy.

Coca-Cola’s 2020 Business & ESG Report outlines the company’s Sustainability Business Priorities:

  • Water Leadership: during 2020, the company launched a bold new strategy to increase water security for its business, communities, and nature.

  • Reducing Added Sugar: Coca-Cola continues to adjust its recipes to reduce added sugar and promote low and no-calorie beverage options.

  • World without Waste: in 2018, Coca-Cola launched an ambitious sustainable packaging initiative called World Without Waste, and continues to make progress despite the challenges from the pandemic.

  • Climate: Having achieved its “drink in your hand” goal to reduce relative carbon emissions by 25% by 2020- against a 2010 baseline- Coca-Cola is now working toward its 2030 Science-Based Target to reduce absolute GHG emissions 25% by 2030

  • Sustainable Agriculture: during 2020, Coca-Cola conducted a comprehensive review of its policies and principles for sustainable agriculture and will continue to work with suppliers and partners to create systemic change in its agricultural supply chain.

  • People & Communities: Respect for human rights is at the foundation of Coca-Cola business, guiding its interactions with employees, bottling partners, suppliers, customers, and consumers.

Check out Coca-Cola’s 2020 Business & ESG Report.

The disclosure of non-financial information can be daunting, but CSR Europe can support your company in mastering its sustainability reporting.

Our Sustainability Report Review service includes:

  • A detailed examination and evaluation of your company’s CSR, ESG, Integrated and/or Sustainability Report against a set of principles that cover both format and content criteria based on the reporting frameworks of the Global Reporting Initiative (GRI) and the International Integrated Reporting Council (IIRC).

  • An analysis of the best performing areas as well as the areas in reporting practices that can be improved and/or enhanced is provided.

  • Tailor-made recommendations and suggestions that you can use to improve the most challenging areas in the company’s reporting exercise.

  • Exemplary best practices from other organisations to give you a more practical understanding of how a specific topic can be disclosed.

This service is aligned with the upcoming EU policy developments in relation to non-financial disclosure. 

For more information:

Spyros Perikleous

Project Manager, Sustainability Management

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