This represents a key opportunity; by utilizing suppliers with efficient water usage strategiesinstead of those offering lowest purchase priceCoca-Cola can fulfill ethical obligations to conserve water while also fostering a future competitive advantage since, as water becomes more scarce and crop yields decline due to climate change, the company is better insulated from the expected increases in volatility of input costs and availability. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Water stewardship has long been a business imperative for Coca-Cola, which in 2015 became the first Fortune 500 company to replenish all water used in its global beverage production five years ahead of plan and has done so every year since. Coca-Cola has without a doubt inmense purchase power, but I wonder if by forcing their suppliers to evolve, they may be forcing them to be unprofitable. This attempt to create positive PR around Cokes initiatives could leave some customers wondering why they are doing so little (and how replacing water in other parts of the world will help solve the crisis in places like India?). We strive to achieve this ambition with the full commitment of system leaders and the active, global participation and engagement of our employees. The Coca-Cola Companys holistic 2030 Water Security Strategy is focused on accelerating the actions needed to increase water security where we operate, source ingredients and touch peoples lives. An astonishing 1.9 billion servings of Coca-Cola products are consumed every day throughout the world, requiring the funneling of over 300 billion liters of water through 863 bottling plants each year to deliver carbonated beverages to eager consumers. Integrated management Plan for the Guerbes-Sanhadja Wetland. In order to expand on such improvements, we need to understand where water is used and where we have opportunities for improvement. Water Stewarship Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. . We are rolling out a process to help markets develop targets grounded in the context of their operating environments and understanding risks and vulnerabilities. Steinhausen, 9 December 2020. Fig 2:http://www.ceres.org/issues/water/agriculture/water-risks-food-sector We conducted our first global water footprint assessment across our value chain from ingredient to consumer and found that more than 73% of our global water footprint is used to grow agricultural ingredients like cane sugar, oranges and apples. Our water strategy focuses on sustainable water security through local water replenishment, advocacy for smart water policies, and responsible water use throughout our operations and communities. There's a saying that if climate change were a shark, then water is its teeth. Clean Water for Integrated Village Development - Confirmed, Lebanon: Waterwise Schools-Chouf Pilot Project. Today, this process is fully embedded across the corporation as a standard . Finding breakthrough ways to reduce or remove sugar would help Coca-Colas image on both fronts. Retreived November 04, 2016, from http://caringforclimate.org/wp-content/uploads/Business_and_Climate_Change_Adaptation.pdf Create awareness of ESG initiatives through communications channels. We have steadily reduced the amount of water used in our plants around the world, including in the Middle East. Thu 26 May 2011 06.00 EDT. ll water footprint of the companys beverages is its major ingredientsugar. This also amounts to a 29.3% improvement since 2004 when we started reporting efficiency progress as a global system. The report, entitled "Product Water Footprint Assessments: Practical Application in Corporate Water Stewardship," examines three pilot studies that were conducted on Coca-Cola products and ingredients. 7) Business and Climate Change Adaptation: Toward Resilient Companies and Communities. Several programs Coca-Cola is supporting in the Middle East, North Africa and Pakistan support such nature-based interventions. Department of Economic and Social Affairs. Coca-Cola has come a long way since a decade ago when it was the target of boycotts and consumer anger over its water use. TNC led the development of the watersheds module of Coca-Cola's 2030 Water Strategy. The CocaCola System and The CocaCola Foundation Mobilize to . The World Resources Institute forecasts that the Middle East will become the most water-stressed region in the world by 2040. 8) Fortune 500 Company to Replenish All the Water it Uses Globally. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. We need business to act as catalysts for change in local watersheds, sothat we can create the conditions for collaborative, sustainable management of freshwater resources. K nim ngy Quc t Ph n, nm 2021 , CocaCola cng b thc hin thnh cng hnh trnh tri di mt thp k vi mc tiu trao quyn kinh t cho 5 triu ph n khi nghip. The next step is to feed this framework with specific, context-based targets and move swiftly toward action. 1. Our sustainability strategy guides how we support and engage the remarkable people behind our brandsfrom farmers and employees, to bottling partners and suppliers, to customers and consumers, to the communities we call homeand helps us make progress on ourgoals to help safeguard the environment.. 4) The Worlds Water 20062007: The Biennial Report on Freshwater Resources. Coca-Cola partners with its bottlers and suppliers, as well as with more than 500 external organizations, including governments, NGOs, civil society and other companies, to meet its water stewardship goals. With rapid population growth, and climate change, these challenges are becoming more critical than ever. Achieving 100% regenerative water use in bottling operations in water-stressed areas by reducing, reusing, recycling and locally replenishing the water they use; Using a five-element watershed health scorecard to address systemic issues around scarcity, quality, ecosystems, infrastructure and governance, with a priority on nature-based solutions; Refocusing and broadening replenishment efforts to create systemic impact in priority watersheds; Continuing to support access to safe drinking water and sanitation for vulnerable communities and helping communities adapt to the water-related impacts of climate change; and. Despite water scarcity, the region has the worlds lowest water tariffs and, at 2 percent, the highest proportion of GDP spent on public water subsidies. MGPO - Confirmed, Morocco: LAlcesdam Phase 2. 2) The Coca-Cola Company. By adopting new technologies and optimizing processes, we are always looking for newer ways to reduce our water consumption. Overview. Explore our Purpose & Vision, History and more. . . The Coca-Cola Company (TCCC) and its bottling partners understand the role our entire system plays to ensure a healthy and sustainable environment. Please log in to comment. Through our 2030 Water Strategy, we are partnering with local organizations to increase water security where we operate, source ingredients and touch peoples lives by improving water availability, quality, access, and governance across Africa. As a founding partner of the Water Footprint Network, we have worked with WWF, The Nature Conservancy and others to assess the water embedded in our products, packaging and ingredients so we can better understand the implications for our business, and work to reduce impacts. Aim to return a cumulative total of 2 trillion liters of water to nature and communities globally, between 2021-2030. We have replenished more than 1.75 trillion liters of water and will continue to work towards healthy watersheds and sustainable supply chains. Coca-Colain a 0.5 liter PET bottle produced in the Netherlands; Beet sugar supplied toCoca-ColaEuropes bottling plants; and. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. In 2007, WWF and The Coca-Cola Company (Coca-Cola) launched a groundbreaking partnership that spanned more than 50 countries and focused on securing freshwater resources. Watch this tech inequality series featuring scholars, practitioners, & activists, Sign up for the Digital Initiative Newsletter. Efficient Irrigation in Tagmout, Morocco - Planned, Iraq: AMAR Foundation. Harvey, C. Retrieved November 04, 2016, from https://www.washingtonpost.com/news/energy-environment/wp/2016/08/30/coca-cola-just-achieved-a-major-environmental-goal-for-its-water-use/ An astonishing 1.9 billion servings of Coca-Cola products are consumed every day throughout the world, requiring the funneling of over 300 billion liters of water through 863 bottling plants each year to deliver carbonated beverages to eager consumers. Understanding impact is important, because large water footprints can be sustainable in water-rich areas, while very small water footprints might compromise sustainability in places where water is scarce. Or is the answer never? Awareness and Water Stewardship. [4] This was especially worrisome for Coca-Cola since, prior to 2007, it operated 24 bottling plants across India. Our community water resilience goals to support access to safe water and sanitation are focused on supporting women and girls to enable empowerment and socio-economic development as well as building greater capacity to adapt to the impacts of climate change. The theme of World Water Day in 2018 is nature-based solutions to water challenges. The Coca-Cola Company's holistic 2030 Water Security Strategy is focused on accelerating the actions needed to increase water security where we operate, source ingredients and touch people's lives. Estimates are that the . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 2022 The CocaCola Company. However, water challenges are fundamentally local in nature. Retreived November 04, 2016, from http://www.coca-colacompany.com/sustainabilityreport/world/water-stewardship.html#section-meeting-our-goal-for-water-efficiency Replenishment interventions will play a role or contribute, but it's not the only solution to address the root causes of risk in many places. Work with partners to help improve the health of 60 watersheds identified as most critical for the company's operations and agricultural supply chains by 2030. The Agos Program provides poor communities with access to safe water, supports watersheds, and educates communities on the importance of conservation in order to ensure that water continues to flow for life. Water is a great connector for creating benefits across our different goals. We aim to collect and recycle a bottle or can for every one we sell, make 100% of our packaging recyclable and use 50% recycled content in our bottles. Agriculture requires immense amounts of water to produce sugar crops, and although highly dependent on region and type of crop, it is estimated that the water footprint per beverage is at minimum 169L (using sugar beet from the Netherlands) up to a maximum of 309L (using sugar cane from Cuba). In addition, it complements our 2020 Integrated Annual Report, which . The strategic framework which was developed following detailed water risk assessments and shaped by feedback from bottling partners, NGOs, governments and peer companies focuses on three priorities: reducing shared water challenges around the world; enhancing community water resilience with a focus on women and girls; and improving the health of priority watersheds. COVID-19 has driven this number up. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Healthy watersheds, improving watershed health and supply chain sustainability, and. Working to achieve regenerative water use reducing, reusing, recycling and replenishing the water used to produce its beverages. Localized, context-based targets, to be announced later this year, will support the global framework. Collaborate (as appropriate) with public and private entities (including governments, non-governmental organizations, other businesses, and local communities) to advance environmental stewardship initiatives.. We make brands and products that people love while building a more sustainable future for our business and for the planet. Water Stewardship: The Coca-Cola Company and its bottling partners work to: Increase water security where we operate, source ingredients and touch people's lives; Be good stewards in the communities where we operate by continuing to improve the efficiency of water use in our operations, with a particular focus on high-stress locations; . The total sales volume, inclusive of water in products leaving our production facilities, is what were working to replenish through community water projects (e.g., safe water access and reforestation). The report, entitled "Product Water Footprint Assessments: Practical Application in Corporate Water Stewardship," examines three pilot studies that were conducted on Coca . Water has always posed great challenges for the Middle East, North Africa and Pakistan. Provide clearly defined roles and responsibilities, training, communication systems and participation opportunities to promote effective engagement from employees at all levels. GROWTH PILLAR CULTIVATE THE POTENTIAL OF OUR PEOPLE GROWTH PILLAR EARN OUR LICENCE TO OPERATE How we measure our progress . For example, you note a plastic bottle uses 4.5L if Coca-Cola restored 3.0L, would that satisfy critics? For Coca-Cola, water stewardship is more than a conceptual commitment, it is deeply grounded in the way they do businesses. Coca-Cola prioritizes grantmaking to women, water, well-being, and on a smaller scale, the environment and youth. P. H. Gleick, H. Cooley, D. Katz, E. Lee, J. Morrison, M. Palaniappan, A. Samulon, and G. H. Wolff. Our first water goal was to become water-balanced by 2020. Irrigation efficiency could be one answer, but a lot of answers lie in conservation agriculture, or soil management, or ecosystem improvement, or looking at the overall watershed outside our direct supply chain. Partnerships with organizations like the World Wildlife Fund (WWF) are essential to making headway. In 2014, Coca Cola replenished 2014 of the water it used for the production of beverages. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Explore our Purpose & Vision, History and more. The strength of the Coca-Cola system is twofold: 1) along the way, each person engaged in the process makes a small profit, and 2) because of its franchise bottlers, Coca-Cola is considered to be local. Sustainability Presentation. Coca-Colas partnership with lAlcesdam in Morocco tackles desertification in Tata Province. Building on results and learnings over the last decade, the strategy maintains leading standards for water risk management, continuous water use efficiency improvement and wastewater treatment. Addressing the quantity of water used to grow our product ingredients is not enough; we also need to address the impact of that use as well. More than 800 million liters of water per year have been generated through this program to date. (2012). Some of our bottling plants are already using 1.7 liters of water, or less, to make a liter of product. Replenishing Water in the Southern Iraqi Marshlands - Confirmed, Jordan: Jordan River Foundation. Orange juice produced for the North American market. [10] Indeed, agriculture contributes the largestwater footprint globally. Resources wll include staff, financing, in-kind and other. [1] Although such a feat is logistically impressive, the Coca-Cola Company has grown increasingly concerned about the sustainability of its water usage and the associated implications for its bottom line, [2] especially given that within the next 10 years an estimated 2.8 billion people will be at risk of encountering water shortages [3]. Nov 3, 2021 11:00 am EDT. As well as these nature-based interventions, Coca-Cola and our partners are providing clean water access to thousands of people in MENA as part of the same Replenish initiative. WATER STEWARDSHIP. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. It is imperative that the next step should incorporate a blanket policy to replenish water sources within the community from which it is derived, lest the company remain vulnerable to depletion of its primary input in the given region, regulatory interference, and further reputational damage. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Retrieved November 04, 2016, from http://water.worldbank.org/topics/water-resources-management/water-and-climate-change The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners . We make sure that 100% of the water used throughout our supply chain is replenished.. However, the single largest contributor to the overa. There are currently no comments. Access to water is a right that no one should go without. 5) Coca-Cola just achieved a major environmental goal for its water use. This also amounts to a 29.3% improvement since 2004 when we started reporting efficiency progress as a global system. WWF and The Coca-Cola Company will continue to work with governments and other stakeholders tomanage and help combat the water challenges facing the MENA region. Also, as you said, the media seems to be praising their efforts, as in the below article: And finally, climate change is leading to more erratic weather patterns like droughts and flash floods, which impact communities worldwide. Before and after the rain: reservoirs constructed by Indus Earth Trust with Coca-Cola funding in 2017 in Kohistan, Pakistan, save women and girls long daily walks to collect water. The science-based strategy acknowledges the growing urgency of shared water risks and need for systemic action across the value chain. The progress of the above goals is reported annually through our Business & Environmental, Social and Governance Report, which reflects our continued journey toward driving sustainable business practices into our core strategy. Our purpose is to refresh the world and make a difference. These calculations only include water consumed as an operational input but do not take into account contributions from the overall supply chain (for example, a single plastic bottle uses 4.5L of water input alone). Lets use climate as an example. Although the amount of water purportedly replenished to the environment may very well balance their overall water usage from bottling, the underlying inequity at the community level remains problematic; notably, each bottling plant is not required to replenish water to its direct source, [8] and thus total water neutrality was often achieved by replenishing aquifers at locations far removed from the plants actual water sources, leaving local communities ever vulnerable to depletion of their water source while Coca-Cola reaps positive PR for replenishing it elsewhere. Corporate Water Footprint Accounting and Impact Assessment: The Case of the Water Footprint of a Sugar-Containing Carbonated Beverage. Going forward, leadership will be less about reaching company-specific targets and more about joining forces for collective action. Part of that is aligning with industry standards and benchmarks. Our progress on water efficiency places us among the leading companies in the beverage industry according to abenchmarking reportby theBeverage Industry Environmental Roundtable. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We also helped develop an industry standard approach to replenishment quantification, the Volumetric Water Benefit Accounting, and are adopting the WASH4WORK framework to improve water access and sanitation for workers in our system and suppliers, and for the communities in which we operate. The Coca-Cola Company, for our part, is working to steward rigorously the water used in our production process. Explore our Purpose & Vision, History and more. Sustainability. Coca-Cola's new strategy has a vision to "achieve water security for its business, communities and nature where the company operates, sources agricultural ingredients for its beverages and touches people's lives by 2030." Establish and track the organizations environmental performance goals and objectives. Greg Koch, managing director of Global Water Stewardship blogs on the finer details of Coca-Cola's water strategy Greg Koch for the Guardian Professional Network Mon 6 Dec 2010 12.33 EST Coca-Cola supports clean water connections to households in Upper Egypt. SUSTAINABILITY & GOVERNANCE RESOURCE CENTER. In collaboration with The Nature Conservancy, we issued a report,Product Water Footprint Assessments: Practical Application in Corporate Water Stewardship,exploring the utility and practical application of the water footprint methodology for understanding our water use throughout the value chain, and for identifying the impacts of that use and associated response actions. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Want to learn more about technology and organizations? The good news is that were on track to meet our goal, and in many parts of the world, were ahead of schedule. Sourcing water-sustainable ingredients and supporting nature-based solutions. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. We used approximately 138 billion liters of water in our manufacturing process to make that 151 billion liters of product in our operations. Replenishment is an important metric to measure commitment and scale of action but not a goal in itself. Over the years weve made significant investments in new technologies and operating procedures that replace or reduce water use in our manufacturing operations. In addition, Coca-Colas Replenish goal was a first for the beverage-producing private sector when it was set in 2007. (2015). A product water footprint is the total volume of freshwater consumed, directly and indirectly, to produce a product. , Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, SUSTAINABILITY & GOVERNANCE RESOURCE CENTER, Business & Environmental, Social and Governance Report.
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