Climate change does not wait
Climate change is the greatest environmental threat humanity has ever faced. What once seemed a simple warning, today is a phenomenon whose adverse effects we are already suffering: sea level rises, temperatures rise and extreme weather events are becoming more frequent.
Therefore, if we do not act now, the price to pay is going to be too high. That is why it is urgent to reduce greenhouse gas emissions. Aware of it, for years Coca-Cola Spain constantly works to reduce emissions from its activity.
As a result of these efforts, since 2010 it has managed to reduce emissions in its entire value chain in Western Europe by 30.5%, an achievement that is part of the We Advance, your sustainability strategy.
Now, with the world at a critical point from an environmental point of view and the need to take advantage of the recovery after the pandemic to make way for a green economy, Coca-Cola Spain reinforces its commitment in the fight against climate change. So, it has proposed to reduce emissions throughout its value chain by 30% by 2030 (compared to 2019) and reach carbon neutrality in 2040.
250 million in three years to reduce emissions by 30% in 2030
Some objectives to be achieved will invest 250 million euros over the next three years and that are in line with the Paris Agreement, which establishes limiting the increase in global temperature to 1.5 ̊C. Since 2010, Coca-Cola has reduced emissions by 30.5% throughout its value chain, and now aims to achieve carbon neutrality by 2040.
To achieve this, Coca-Cola will reduce emissions in five areas: packaging, ingredients, operations, transportation and cold equipment. This means that efforts will not only focus on reducing direct emissions, that is, those generated by Coca-Cola Spain factories and offices, but also indirect ones, such as those produced your suppliers at the time of, for example, extracting raw materials or in logistics and distribution activities.
Precisely, as most of Coca-Cola Spain’s emissions come from its suppliers, it will support them at all times to establish their own emission reduction targets based on scientific criteria and use 100% renewable electricity. In the specific case of Spain, a series of new actions will be launched, in addition to the progress already made.
100% recycled plastic packaging by the end of 2021
Thus, in terms of packaging, it is foreseen that the containers of still beverages have 100% recycled plastic by the end of 2021, while the rest of packages will contain 50%. In addition, plastic and glass cans and bottles will continue to be lightened, and to innovate in refillable containers and dispensers.
On the other hand, Coca-Cola Spain will continue betting so that the factories are free of fossil energy. In fact, all the electricity contracted at its plants and central offices in Madrid is of renewable origin, and some obtain part of their energy through solar panels. Regarding cold equipment, Coca-Cola applies various techniques and adjustments to make them more energy efficient and chooses the least polluting on the market when acquiring new equipment.
Thus, for example, beverage dispensing equipment only keeps products cold when they are expected to be consumed; and automated warehouses allow more products to be stored in one place, avoiding the environmental footprint of traveling to other facilities. As soon as to transport, much more environmentally friendly Euro VI truck models are already in use, and a part of the commercial vehicle fleet will go hybrid in 2021. Also, whenever possible, the train will be used to transport the drinks.
In addition to all these measures, Coca-Cola Spain offers its support to important events against climate change, such as the Climate Summit, and has launched initiatives such as Hospitality #PorElClima, a platform for support the sector in its transition to a low carbon economy.
Although the pandemic of COVID-19 having a health, social and economic impact unimaginable just a few months ago, climate change poses even greater threats to the health and safety of people, as well as our planet. As the world faces the coronavirus and it tries to undertake recovery, it becomes clearer that reconstruction must be based on an economic model that moves steadily towards carbon neutrality. The stakes could not be more important.