We are taking action on sustainability.
We are growing our business and brands as a force for good, managing our social and environmental impact and aiming to make our people and our stakeholders proud of our actions.
Our focus on long-term value creation and innovation positions sustainability at the heart of everything we do. We are proud pioneers; we were one of the first companies to set a science based emissions reduction target before COP21 in 2015 and we actively participated in discussions during COP26 in Glasgow in 2021.
We continue to set ambitious sustainability targets. We are doing this through our sustainability action plan – This is Forward – created with The Coca-Cola Company (TCCC) and developed through continuous consultation with our stakeholders in Europe.
Through This is Forward, we are taking action on six key social and environmental areas where we know we can have a significant impact, and which our stakeholders want us to prioritise. In each of these areas we have made a number of commitments that align with the targets underpinning the United Nations (UN) Sustainable Development Goals (SDGs). We are making progress in these areas, but we can’t stand still. We will continue to challenge ourselves, using our voice to drive action on sustainability and leading by example to create a better future.
This is Forward underpins CCEP’s business strategy in Europe. All references to This is Forward currently relate to our activities in Europe only. In May 2021, Coca-Cola European Partners completed the acquisition of Coca-Cola Amatil, becoming Coca-Cola Europacific Partners (CCEP). Following the acquisition we established a new business unit within our operating model: Australia, the Pacific and Indonesia (API). We are working to update our sustainability action plan targets to cover our combined business, including API, by the end of 2022.
As the world adjusts to a 'new normal', living with COVID-19, we need to go further and act faster on tackling global climate-related challenges. A mindset based on sustainability is a strong basis. We believe partnerships and collaboration are vital to accelerate decarbonisation and build a sustainable future for our people, customers, communities and shareholders. We believe that business success and sustainability go hand in hand.
There is no going back. This is Forward.