
We aim to achieve our operating and
sustainability goals through a concerted
effort by The Coca-Cola Company and
approximately 225 bottling partners
in more than 200 countries and
territories. We have set ambitious goals
to drive system-wide change beyond
small operational improvements.
We have robust programs in place to
identify issues for our business and
stakeholders, and cross-functional
teams working across our system to
gather data and perspectives to inform
our actions. Beyond our internal
Enterprise Risk Management team,
this also includes the work of our
dedicated Stakeholder Engagement
function that partners with business
units, bottling partners, NGOs,
governments, and people in
communities all around the world.
Climate change is already having an
impact on our business at multiple
points in our value chain, from
our ingredient supply to product
distribution, as well as creating water
stress in some regions. The most
recent Intergovernmental Panel on
Climate Change report emphasizes the
scale and urgency of this challenge,1
and the recommendations provide
specific guidance for businesses to
assess the risks and opportunities of
climate change. With this perspective in mind, we
are reviewing our relevant goals and
impacts across our operations and our
wider value chain. We will continue
to evaluate and make changes in
our operations and throughout the
Coca-Cola system to reduce our carbon
footprint, and work with partners and
suppliers to help slow the warming
trend and to increase our resilience as
a business.
Contributing to the well-being of
people beyond our direct employees,
the wider Coca-Cola system creates
socioeconomic opportunities around
the world. Our people, working in
collaboration with our local suppliers,
manufacturing, and distribution
partners, play a significant role in
generating new jobs. This employment
multiplier effect invigorates both
local and national economies in every
market where we operate.