Coca-Cola Europacific Partners recognised with ‘A’ score for both climate and water stewardship by CDP
Coca-Cola Europacific Partners (CCEP) has been recognised for leadership in corporate sustainability by global environmental non-profit CDP for the sixth consecutive year, securing a place on its prestigious ‘A List’ for climate, as well as enhancing water security.
Out of nearly 12,000 businesses, CCEP is one of 53 companies globally to have achieved an ‘A’ position for both Climate and Water. This recognition comes one year on from the launch of CCEP’s ambition to reach net zero greenhouse gas emissions by 2040 and reflects the progress made on reducing greenhouse gas emissions as part of This is Forward, CCEP’s sustainability action plan. CDP’s annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency.
“The need for robust environmental disclosure and focus on climate-related risks is becoming ever more critical. Being among the 53 companies on the Climate and Water CDP A Lists, and achieving this for a sixth-year in a row, reinforces the importance of taking action on sustainability.
We are delighted to receive this recognition one year on from the announcement of our 2040 net zero ambition. We are making strong progress in reducing greenhouse gas emissions in line with our 2030 science-based target, while continuing to further our understand and address the climate and water-related risks we face.
We understand the important role that industry leaders like CCEP play in tackling climate change and enhancing water security. While our continued A-list position reflects the ongoing progress we are making, we recognise that there is much more to be done and we will push ourselves to go further, faster on our sustainability journey.”
“Many 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, even more so in the year of COP26 and the IPCC’s Sixth Assessment Report. The scale of the risk to businesses from climate change, water insecurity and deforestation can no longer be ignored, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector is essential for securing global ambitions for a net-zero, nature positive and equitable world. 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.