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Disclosures and recognition

Recognising our progress

Commitments and progress refer to Europe unless otherwise stated.

We are committed to being a leader in sustainability in the beverage industry. We set high performance targets for ourselves and believe it is important to report on our progress. Our sustainability performance is assessed by a range of major sustainability indices, responsible investment analysts and other external organisations.


This includes direct engagement via questionnaires, in-depth interviews, desk research and analysis of our publicly disclosed data and sustainability information. Ratings allow investors to assess and track our environmental, social and governance (ESG) performance against objective industry benchmarks. We use the results to help us strengthen our management systems and sustainability reporting processes.


Here are highlights of our latest rankings, awards and recognition:

  • DJSI
  • CDP
  • SASB
  • MSCI
  • FTSE4Good
  • ISS ESG
  • Moody's ESG Solutions
  • EcoVadis
DJSI

 

 

Dow Jones Sustainability Indices (DJSI)

Launched in 1999, the Dow Jones Sustainability Indices (DJSI) are the world’s longest running global sustainability benchmarks and are considered the most respected measure of corporate sustainability leadership in the world. We have been listed on both the DJSI Europe and DJSI World for six years in a row, demonstrating the continuous progress we are making on sustainability across our business. In 2021, we achieved a top score of 100 in Packaging, Environmental Policy & Environmental Reporting, Social Reporting, Policy Influence and Innovation Management.

 

The Sustainability Yearbook 2022

The  Sustainability Yearbook 2022  considered over 7,500 companies assessed in the 2021 Corporate Sustainability Assessment (CSA). This year, it awarded more than 700 medals to those companies achieving the best sustainability performance compared to peers in their respective industries. We received the Bronze Class Award. 

 

CDP

   

 

 

Carbon Disclosure Project (CDP)

CDP is an international non-profit charity that encourages companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. CDP’s annual A List names the world’s top businesses for environmental performance, based on their disclosures.

We have submitted responses to the CDP Climate list since 2010 and to its water questionnaire since 2012. In 2021, we have been included on the CDP A List for climate change and water security, for the sixth consecutive year. 

CCEP is one of 53 companies globally to be listed double CDP A List position for both Climate and Water in 2021. 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.

 CDP Climate Response 2021

CDP Water Response 2021

- Paul Simpson, CEO of CDP

CCEP has achieved the highest score, an A rating, on CDP’s Supplier Engagement Rating (SER), which measures how effectively companies engage with their suppliers on climate change. Companies with the best ratings are recognised as Supplier Engagement Leaders, of which CCEP is one of the top 8% of companies who disclosed to CDP.

SASB

2020 SASB Index

The mission of the Sustainability Accounting Standards Board (SASB) Foundation is to establish industry-specific disclosure standards across environmental, social and governance topics, that facilitate communication between companies and investors about useful financial information to aid decision making.

Since 2019, we report to the Sustainability Accounting Standards Board framework. It builds on our 2020 Integrated Report. The report has been prepared in accordance with the Global Reporting Initiative (GRI) principles at Core level. It has been independently assured by DNV. The work completed by DNV and their conclusion is described in the Independent Assurance Statement.

Currently, we do not track all metrics included in the Non-Alcoholic Beverages Standards, but will work towards including more data in the future.

CCEP’s 2020 SASB Index

MSCI

MSCI ESG Rating

MSCI ESG Research provides in-depth research, ratings and analysis of the environmental, social and governance-related business practices of thousands of companies worldwide. Their research is designed to provide critical insights that can help institutional investors identify risks and opportunities that traditional investment research may overlook. The MSCI ESG Ratings are also used in the construction of the MSCI ESG Indexes, produced by MSCI, Inc. For more information, click here.

As of 2016, Coca-Cola European Parnters received an MSCI ESG Rating of AAA, marking us as a leader within our industry for managing ESG risks and opportunities.

The use by Coca-Cola European Partners of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Coca-Cola European Partners MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty.  MSCI names and logos are trademarks or service marks of MSCI.

 

FTSE4Good

FTSE4Good

Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.

In 2022, we were independently assessed according to the FTSE4Good criteria, and satisfied the requirements to become a constituent of the FTSE4Good Index Series for the seventh year running.

 

 

ISS ESG

ISS ESG

ISS ESG provides industry-specific corporate environmental, social and governance (ESG) ratings to help investors measure a company’s sustainability performance.

In 2021, we were given a Prime Rating of C+. Prime ratings are awarded to companies that meet specific minimum requirements in corporate ratings and achieve the best ESG scores among their sector peers.

Moody's ESG Solutions

Moody's ESG Solutions is a business unit of Moody’s Corporation that serves the growing global demand for ESG and climate insights. The group’s comprehensive offering includes ESG scores, Climate data, Sustainability Ratings and Sustainable Finance certifier services that help fulfil the broad spectrum of ESG-related goals in risk management, equity and credit markets.

 

V.E, part of Moody's ESG Solutions

V.E. has been part of Moody’s ESG Solutions since 2019. V.E. provides ESG research and services for investors and public and private organisations through risk assessments and by evaluating the level of integration of sustainability factors within the strategy and operations of organisations.

In our 2022 scorecard, our overall performance increased significantly from 47/100 in 2020 to 61/100 today. Being ranked #1/10 in our sector, as #2/1,279 in the region and as #173/4,921 globally.

 

Euronext V.E. Indices World 120

In November 2021, we were included in the Euronext Vigeo Index: World 120. This index distinguishes companies achieving the most advanced environmental, social and governance performances. Companies included in this index have achieved the highest scores based on the review of up to 330 indicators, assessed by the agency following the Equitics Methodology.

EcoVadis

EcoVadis

In 2021, our company has been awarded a EcoVadis Platinum medal in recognition of CSR achievement. To receive this medal, companies must have an overall score of 75/100. Our score was 81/100. 

EcoVadis provides the leading solution for monitoring sustainability in global supply chains. Using innovative technology and CSR expertise, they strive to engage companies and help them adopt sustainable practices.