Coca-Cola European Partners included on the Carbon Disclosures Project’s A List for climate change and water security
CCEP is one of only 63 companies globally to be included on the Carbon Disclosures Project’s Climate and Water A lists for five consecutive years.
Coca-Cola European Partners (CCEP) has been included on the Carbon Disclosures Project’s (CDP) prestigious A List for climate change and water security, for the fifth consecutive year. CDP’s annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency.
Inclusion on CDP’s A list comes as CCEP announces an accelerated climate ambition to reach Net Zero by 2040. CCEP is one of 63 companies globally to be listed double CDP A List position for both Climate and Water in 2020 and demonstrates the strong results driven by CCEP’s This is Forward sustainability action plan.
“With the threshold for A List membership continuing to increase in 2020 and only 63 companies joining both the climate and water CDP A Lists this year, achieving this milestone for the fifth year running is an honour. Our work to understand our climate and water-related risks together with our ongoing work to reduce our greenhouse gas emissions and adopt sustainable water management practices have been critical in implementing our sustainability strategy. But there is much more for us to do”
“We are delighted therefore that this listing comes in the same week that we announce our ambition to reach Net Zero by 2040, and our new absolute greenhouse gas emissions reduction target to reduce emissions across our value chain by 30% by 2030, in line with a 1.5˚C reduction pathway.”
“We extend our congratulations to all the companies on this year’s A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make, and is even more impressive in this challenging year marked by COVID-19. The scale of the risk to businesses from climate change, deforestation and water insecurity is enormous, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector will create an ‘ambition loop’ for greater government action and ensure that global ambitions for a net zero sustainable economy become a reality. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.”
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