THE-COCA-COLA-COMPANY
The Coca-Cola Company and its global bottling partners (the Coca-Cola system) today announced they are on track to meet their 2020 water replenishment goal by the end of 2015. Based on the Coca-Cola system’s global water replenishment projects to date, the system is balancing the equivalent of an estimated 94 percent of the water used in its finished beverages based on 2014 sales volume. Since 2004, Coca-Cola has replenished an estimated 153.6 billion liters of water back to communities and nature through 209 community water projects in 61 countries. The Coca-Cola system returned approximately 126.7 billion liters of water used in its manufacturing processes back to communities and nature through treated wastewater in 2014. These combined efforts put Coca-Cola on track to be the first global food and beverage company to replenish all the water it uses back to communities and nature.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150825005216/en/
“There is no resource more precious to human life and the health of our global ecosystems and economies than water. As a consumer of water, the Coca-Cola system has a special responsibility to protect this shared resource. This is why we set an aspirational goal of being water neutral by 2020,” said Muhtar Kent, Chairman and CEO, The Coca-Cola Company. “While we have made significant progress toward making that goal a reality, we are more intent than ever to give back the equivalent of all the water that we use to communities and nature. And we will continue to do so after we meet the 100 percent goal.”
Coca-Cola is able to give back the amount of water equivalent to what it uses in its finished beverages and their production through replenishment projects, increasing water use efficiency in its plants, and returning water to watersheds and municipalities through wastewater treatment . Part of meeting its replenishment goal is engaging in diverse, locally focused community water projects. Each project works toward set objectives such as providing or improving access to safe water and sanitation, protecting watersheds, supporting water conservation and raising awareness on critical local water issues .
Once projects are established, the Company and its bottling partners work to ensure those projects remain sustainable within communities over time and continue to replenish water. These efforts, as well as new projects, frequently address local source water vulnerabilities and balance additional sales volume as Coca-Cola’s business continues to grow each year.
“More and more companies now recognize that factoring nature into their decision-making is a smart business strategy. Coca-Cola’s commitment to water underscores that investing in nature can produce very positive returns for businesses and local communities,” said Mark Tercek, President and Chief Executive Officer, The Nature Conservancy (TNC). “TNC is proud of its collaboration with Coca-Cola and congratulates the company and its bottling partners on a very significant achievement.”
TNC was an instrumental partner in designing the methodology to quantify Coca-Cola’s water replenishment efforts to balance the water used in finished beverages. The methodology for calculating water replenishment benefits also was the subject of scientific technical peer review to verify the use of generally accepted methods and accuracy for the foregoing purpose. Projects are reviewed annually and evaluated using this methodology. An overview of each project and their respective replenishment value is included in the Company’s 2015 replenishment verification report prepared by LimnoTech and verified by Deloitte.
Two major contributors to Coca-Cola’s water replenishment activities are The Coca-Cola Africa Foundation’s Replenish Africa Initiative (RAIN) and the Company’s Every Drop Matters partnership with United Nations Development Programme (UNDP). Through RAIN, Coca-Cola partners with Global Environment & Technology Foundation (GETF), United States Agency for International Development (USAID), Water and Sanitation for the Urban Poor (WSUP), Millennium Challenge Corporation , WaterAid , Water for People , and other organizations and local governments to bring safe drinking water to an estimated 6 million Africans by 2020.
Through Every Drop Matters, Coca-Cola and UNDP have worked together to improve safe water access for more than an estimated 1 million people in Eastern Europe and the Middle East with projects focused on watershed restoration, sustainable agriculture, infrastructure improvements and advocating for needed water policy. Learn more about Coca-Cola system water partnerships here .
In 2007, The Coca-Cola Company and its bottling partners set an aspirational goal to safely return to communities and nature an amount of water equivalent to what is used in its beverages and their production by 2020. The water footprint of growing agricultural ingredients sourced by the Coca-Cola system is not included in this goal. However, sustainable water practices are part of Coca-Cola’s Sustainable Agriculture Guiding Principles required for suppliers. The replenish projects are the result of partnerships with governments, civil society and other members of the private sector. Coca-Cola only calculates replenishment credit for the portions of the project that are directly funded or instituted by the Coca-Cola system.
To learn more about Coca-Cola’s water stewardship program, visit the Company’s water stewardship report .
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, one of the world's most valuable and recognizable brands, our Company's portfolio features 20 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.9 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system associates. For more information, visit Coca-Cola Journey at www.coca-colacompany.com , follow us on Twitter at twitter.com/CocaColaCo , visit our blog, Coca-Cola Unbottled, at www.coca-colablog.com or find us on LinkedIn at www.linkedin.com/company/the-coca-cola-company .
View source version on businesswire.com: http://www.businesswire.com/news/home/20150825005216/en/
Contact:
The Coca-Cola Company
Serena Levy, +01 404-676-2683
press@coca-cola.com
Link:
Information om Business Wire
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results1.5.2025 22:24:00 CEST | Press release
The Company generated net sales of $45.0 million for the quarter and $158.4 million for the yearIncome before income taxes of $5.3 million for the quarter and $18.5 million for the yearBacklog of $138.1 million at January 31, 2025, compared to $68.5 million at January 31, 2024 Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. “Sales for the fourth quarter and full year 2024 show moderate growth and were $45.0 million and $158.4 million, resulting in increases of $4.8 million and $7.7 million, compared to the prior year. Income before taxes was $5.3 million and $18.5 million in the fourth quarter and for the full year 2024, which increased by $2.1 million and $8.6 million, compared to the prior year. This significant increase was a result of our focus on higher margin products and services that contributed to improved margin performance. Net income after taxes and minority interest
IFF Declares Dividend for Second Quarter 20251.5.2025 22:15:00 CEST | Press release
IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on July 11, 2025 to shareholders of record as of June 20, 2025. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing wellness, delighting the senses and enhancing the human experience.Learn more at iff.com, LinkedIn, Instagram and Facebook. © 2025 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved. View source version on businesswire.com: https://www.businesswire.com/news/home/20250501776988/en/
Rimini Street Announces Fiscal First Quarter 2025 Financial and Operating Results1.5.2025 22:01:00 CEST | Press release
First Quarter Financial Highlights Include: Gross margin of 61.0% compared to 59.8% in the prior year Net Income of $3.4 million compared to $1.3 million in the prior year Billings of $79.4 million, up 7.2% year over year Adjusted EBITDA of $15.3 million compared to $10.7 million in the prior year Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced results for the fiscal first quarter ended March 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250501664008/en/ Select First Quarter 2025 Financial Results Revenue was $104.2 million for the 2025 first quarter, a decrease of 2.4% compared to $106.7 million for the same period last year. U.S. revenue was $50.1 million for the 2025 first quarter, a decrease of 6.9% compared to $53.8 million for the same per
Textron Aviation Calls on Cessna, Beechcraft and Hawker Owners to Transport Athletes to the 2026 Special Olympics USA Games1.5.2025 17:31:00 CEST | Press release
Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced the coordination of the ninth Special Olympics Airlift, a monumental event aimed at transporting hundreds of athletes and coaches across country to the 2026 Special Olympics USA Games in Minnesota’s Twin Cities. The company is calling on Cessna, Beechcraft and Hawker aircraft owners and operators to come together on Friday, June 19, 2026, and Saturday, June 27, 2026, to enable champions from all corners of the nation to travel to and from the host city, regardless of financial or logistical challenges. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430812758/en/ Textron Aviation Inc. announced the coordination of the ninth Special Olympics Airlift, a monumental event aimed at transporting hundreds of athletes and coaches across country to the 2026 Special Olympics USA Games in Minnesota’s Twin Cities. (Photo credit: Textron Aviation) The Special Oly
Giovanni Brienza Appointed President of Frontline International1.5.2025 17:16:00 CEST | Press release
Longtime leader to guide day-to-day operations Frontline International, celebrating 25 years of innovation in commercial kitchen solutions, has appointed Giovanni Brienza as its new president. Founder John Palazzo will continue as CEO, focusing on strategic direction and long-term growth initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250501026483/en/ Giovanni Brienza, Frontline International President Frontline is a USA-based manufacturer of systems used globally by foodservice operations for safer, more sustainable fat, oil, and grease (FOG) management. The company’s automated solutions increase kitchen safety. Brienza, who joined Frontline in 2004, brings 21 years of operational expertise and engineering insight to his new role. He has been a key architect behind many of Frontline’s most impactful innovations, from equipment and software systems to strategically expanding the company’s footprint into key inter
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.
Besøg vores nyhedsrum