One year on from our net zero 2040 ambition: how we're taking action
These are ambitious targets, and we are accelerating the decarbonisation of our business. Our targets are aligned with a 1.5C pathway and are approved by the Science Based Targets Initiative (SBTi). This means that we have a credible goal that will require meaningful and sustained action.
A year on from announcing our commitment, I want to share some of the progress we have made – in our own business and through our ongoing work with our customers, partners and suppliers.
Our actions are reducing emissions across our entire value chain. We will do this as far as we can – and then, and only then, will we offset where necessary to help us reach net zero.
The environmental impact of our packs is key to our net zero ambition, and we continue to reduce the footprint of our packaging in a number of ways. A key action for us is driving down the use of virgin plastic from fossil fuels by:
Our business has grown this year through the acquisition of Coca-Cola Amatil and next year we will revise our climate targets to include our new territories. We will continue to push ourselves to go further, faster and decarbonise our business. Our continued listing on the Dow Jones Sustainability Index (DJSI) this year demonstrates the ongoing progress we are making.
We understand the vital role that we have to play in reducing GHG emissions and protecting the future of our planet. Taking bold action is critical and will require us to transform our business.
I would like to thank all of our colleagues, customers, partners, suppliers and stakeholders who are working with us to take the action required to tackle climate change. We still have a long way to go but we are determined, now more than ever, to work together to achieve our sustainability ambitions.