Coca-Cola HBC Pledges To Achieve Net-Zero Emissions By 2040

Soft drinks bottler Coca-Cola HBC has pledged to achieve net-zero emissions across its entire value chain by 2040.

By 2030, the company aims to reduce its value chain emissions in scopes 1,2 and 3 by 25% via an existing, approved science-based target. It is targeting a further 50% reduction in the following decade.

Coca-Cola HBC will broaden its existing partnership with suppliers to address emissions in scope 3, resulting from third-party actions, which account for 90% of its emissions.

The company added that it would invest in additional climate protection measures for emissions that cannot be eliminated entirely.

ESM