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Coca-Cola Europacific Partners receives top rating on the CDP’s A List with double ‘A’ score for transparency on climate change and water stewardship

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13/12/2022

Coca-Cola Europacific Partners’ (CCEP’s) leadership in sustainability has been recognised by global environmental non-profit CDP for the seventh year running, securing a place on its prestigious annual ‘A List’ for tackling climate change, as well as acting to enhance water security.

We are one of a small number of companies that was awarded a double ‘A’ score for leadership in corporate transparency and performance on both climate change and water security, out of more than 10,000 businesses that were reviewed. This reflects our continued progress against the commitments in our This is Forward sustainability action plan which has recently been extended to include our markets in Australia, the Pacific and Indonesia. CDP’s annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency.

Joe Franses, VP Sustainability, said: “It’s very important for us to receive this recognition again, and an encouraging way to end the year. We are making good progress on the actions outlined in our sustainability action plan and will continue to work to understand our climate and water-related risks alongside our continued efforts to decarbonise our business. We recognise there is much more to be done and we will continue to go further, faster, where we can to accelerate our progress.”

Dexter Galvin, Global Director of Corporations and Supply Chains at CDP said: “Congratulations to all the companies on this year’s A List; environmental transparency is the first vital step towards a net-zero and nature-positive future. In a year of ever-increasing environmental concerns around the world – from extreme weather to unprecedented losses to nature – the need for transformational, urgent, and collaborative change is more critical than ever.”

This month CCEP has also announced its listing on the Dow Jones Sustainability Index for the seventh year running.