Coca Cola Bottlers Japan Holdings: Selected for CDP's "A List", the highest rating in both "climate change" and "water security" fields

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February 7, 2024 (press release) –

Coca-Cola Bottlers Japan Holdings Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Karin Dragan, hereinafter referred to as the Company) has been recognized in the 2023 Corporate Sustainability Survey conducted by the international non-profit organization CDP. We were selected as an "A List" company, the highest rating, in both the fields of "climate change" and "water security." ``Climate change'' was selected for the ``A list'' for the second consecutive year, and ``water security'' was selected for the first time.

CDP's annual corporate sustainability survey has become the global standard for corporate environmental information disclosure. CDP examines companies' environmental efforts and rates them with an A to D score. This time, our group believes that the results of the following initiatives were comprehensively evaluated. In FY2023, more than 21,000 companies were surveyed, with 346 companies worldwide (including 109 Japanese companies) on the "Climate Change A List" and 101 companies worldwide (including Japanese companies) on the "Water Security A List". 36 companies) were certified.

* Initiatives to combat climate change

We are working to reduce GHG emissions throughout our supply chain in line with the Paris Agreement and scientifically based greenhouse gas (GHG) emission reduction targets. We aim to achieve net zero. Medium-term non-financial goals The "CSV Goals" aim to reduce GHG emissions across the entire value chain in Japan by 50% in Scope 1 and 2 and 30% in Scope 3 by 2030 compared to 2015. We have formulated this policy and are implementing various initiatives.

At our factories, we are promoting the use of renewable energy, including the use of hydroelectric power and the purchase of Green Power Certificates, a system that certifies electricity generated from natural energy by a third-party certification body.

* Initiatives for water security

Based on the "Global Framework for Responsible Water Use and Conservation of Water Resources" formulated by The Coca-Cola Company in 2021, we will implement measures to conserve water resources in the water source areas of each factory. In addition, we are working to improve the health of the watershed surrounding our factories and preserve biodiversity. Additionally, our CSV Goals are to achieve a 30% reduction in water usage by 2030 (compared to 2015) and maintain a 200% water recharge rate by 2025. We have concluded agreements regarding water resource conservation in the water source areas of all 17 of our factories, and the water source recharge rate in fiscal 2022 was 420%.
At the factory, we are introducing production lines equipped with the latest technology, improving the manufacturing process and factory equipment through monitoring, reducing water usage in the manufacturing process, and reusing the water used in the manufacturing process. We are developing activities centered on water resource replenishment, which returns to nature the same amount of water used to manufacture products at our factories.

We will continue to work to resolve social issues through our business activities, contribute to the achievement of the Sustainable Development Goals (SDGs) in our group's business areas, and aim to realize a sustainable society.

About CDP

CDP is an international non-profit organization with a global system for environmental information disclosure by companies and municipalities. Since its founding in 2000, CDP has led efforts to leverage capital markets and corporate purchasing power to encourage companies to disclose their environmental impacts, reduce greenhouse gases, and protect water resources and forests. I did. We currently work with over 740 signatory financial institutions with over USD 136 trillion in assets. In 2023, more than 24,000 organizations around the world disclosed environmental information through CDP's questionnaire, including more than 23,000 companies representing two-thirds of the world's market capitalization, and more than 1,100 municipalities. CDP has the world's largest environmental database based on fully TCFD-compliant questionnaires, and CDP scores are widely used in investment and procurement decisions to build net-zero, sustainable and resilient economies. . CDP is a member of the Science-Based Targeting Initiative (SBTi), the We Mean Business Coalition, The Investor Agenda, and the Net Zero Asset Managers Initiative (NZAMI). Founding member.

Disclaimer: The Above Content is Auto-Translated

Source: Coca Cola Bottlers Japan Holdings Inc

[Category: Events]

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