Coca-Cola FEMSA, the largest bottler of Coca-Cola products in the world by sales volume, has won the Bonds & Loans Latin America & Caribbean 2021 award. Since 2015, the Bonds & Loans awards organized by GFC Media Group, have recognized the most innovative and groundbreaking deals from Sovereign, Corporate and Financial Institution issuers and borrowers.
The award was given in recognition of its first green bond in the international capital market placed in 2020 for US$705 million, which will help the company achieve its environmental goals and contribute to the United Nations Sustainable Development Goals.
“Being recognized by Bonds & Loans Latin America & Caribbean represents an important achievement that reinforces our ambitious sustainability goals to continue generating social and environmental well-being in all the communities we have the privilege to serve,” said John Santa Maria, CEO of Coca-Cola FEMSA.
As a result of its sustainability performance and in line with its strategic framework, Coca-Cola FEMSA has consolidated its position as the first Mexican company, and the third in Latin America, to secure approval of its 2030 carbon emissions reduction targets from the Science Based Targets (SBTi) initiative. It has also increased the use of clean energy in its operations, supplying 100% of the energy needs of its bottling plants with clean energy sources.
Additionally, during 2021, Coca-Cola FEMSA has received other important recognitions for its sustainability performance. Was the only Mexican beverage company in the S&P Global Sustainability Yearbook 2021, due to its high performance in the S&P Corporate Sustainability Assessment (CSA); is the only Latin American company in the beverage industry included for the fifth year in the Dow Jones Sustainability MILA Pacific Alliance Index and for the ninth year in the Dow Jones Sustainability Emerging Markets Index, and is listed in the FTSE4Good Emerging Index, the S&P/BMV Total Mexico ESG Index and the Bloomberg Gender Equality Index.
