Coca Cola aims to reduce greenhouse gas emissions by 30% across its entire value chain

Coca Cola aims to reduce greenhouse gas emissions by 30% across its entire value chain

Coca Cola is committed to being part of the solution to help curb Climate Change. It has set out to cut emissions across its value chain by 30% by 2030 compared to 2019 and achieve carbon neutrality by 2040.

These targets have been approved by the Science Based Target Initiative (SBTi) and are in line with the Paris Agreement, which aims to limit global warming to 1.5°C. The reduction of emissions throughout its value chain concerns five areas: packaging, ingredients, operations, transport and refrigeration equipment.

To achieve its goal, it will support its suppliers to “set their own science-based emissions reduction targets and use 100% renewable electricity,” according to its website.

The group will invest 250 million euros over the next three years. “The goal is to reduce the emissions that cause global temperature rise and, only when they can no longer be reduced, to invest in mechanisms that remove carbon from the atmosphere or in verified carbon offset projects.”
Within this plan, the Galician newspaper Faro de Vigo, mentions that the plant that Coca-Cola European Partners (CCEP) has in A Coruña is committed to innovation in order to reduce the environmental impact that its activity generates.

“One of the most outstanding initiatives in this sense is the lightened can line project, in which the company has invested nearly one million euros. With this investment, a production line has been adapted to be able to work with lighter aluminium cans, going from 10.7 grams to 9.3-9.5 grams. In this way, and over the last five years, this line has filled 206 million cans on average per year, so this project means a saving of 270 tons of aluminum per year”.