The Coca-Cola Company has renewed its commitment to the planet and announced its ambition to achieve net zero carbon emissions in its value chain by 2050. Currently, 44% of energy being used in manufacturing is from renewable and green/clean fuels, leading to a reduction of 170K Metric Ton of Carbon Dioxide emissions.
The Coca-Cola Company seeks to create a circular economy for plastics by connecting its participants in the plastic recycling price chain through its strategic framework with an ambition to collect and recycle a bottle or can by 2030. In India, the total quantity of post-consumer packaging recovered in 2020 was 62,825 Metric Tons. 36% of bottles and cans that are refilled or helped recover, equivalent to what is introduced into the marketplace in India.
To reduce our carbon footprint, the bottled partners are constantly evaluating new and innovative ways to improve business resilience by managing the short and long term risks and effects of a changing environment. For example, upgrading its fleet of delivery vehicles and phasing them out to run alternative energy sources such as CNG and electric vehicles, which are becoming part of India’s electric vehicle revolution, and pursuing carbon neutrality by setting up solar projects.
Rajesh Ayapilla, Director, Sustainability & CSR, India and Southwest Asia, said, “Our environmental, social and governance priorities continue to be embedded in our business and the way we operate. Adopting newer technologies and optimizing processes enable us to evaluate and make changes across our operations, manufacturing systems and value chain. We’re focused on areas where we can have a measurable, positive impact on the communities we serve. It is extremely crucial for organizations and individuals to collaborate, invest and act towards building a better-shared future.” We are extensively working along with our partners on a futuristic approach to building and scale-up circularity not only for plastics but waste and water as well.
The packaging of all Coca-Cola products is 100% recyclable and is a step towards citizenship movement, raising awareness and encouraging consumers to reuse and reuse.