Monday, April 22, 2024

Coca-Cola Amatil launches ‘bold’ sustainability goals

Coca-Cola Amatil has announced a range of 10 sustainability objectives in its ‘2020-2040 Sustainability Ambitions’. They are designed to make a “distinct and positive” contribution between now and 2040 to the communities and markets in which it operates.

Building on the achievements of its ‘2020 Sustainability Goals’, Amatil says it will focus its action over the next 20 years on four priority areas – water, consumer wellbeing, packaging, and carbon reduction – to help deliver on its long-term value proposition centred around its customers, people, partners, consumers and the environment.

Group Managing Director Alison Watkins says Amatil is committed to maintaining a leadership role in sustainability and it firmly believes that creating value for society is consistent with the delivery of value to shareholders.

“We’re proud of Amatil’s sustainability achievements to date, and this bold new set of sustainability ambitions will challenge us even further to deliver more positive outcomes over the next critically important twenty years,” she says.

According to Ms Watkins, after releasing a set of sustainability strategies and public goals in 2018 to be achieved by the end of 2020, it was vital that Amatil focus the next phase of its sustainability journey on where it can make the biggest impact.

“We’ve made solid progress against our 2020 Sustainability Goals, and through this process and extensive engagement with our many stakeholders, we’ve developed a set of ambitions that have been prioritised based on stakeholder expectations and where Amatil can make the greatest difference,” she says.

Amatil’s ‘2020-2040 Sustainability Ambitions’ will be underpinned by a series of roadmaps and performance indicators to provide a pathway to delivery and ensure the ambitions are embedded across the business. The ambitions are also aligned with The Coca-Cola Company’s (TCCC) sustainability priorities and strategies, including TCCC’s Science-Based Target of 25 per cent carbon reduction by 2030 (compared to 2015) and its 2030 World Without Waste program.

Priority ambitions:

  1. Net zero water by 2020
  2. Consumer wellbeing by 2025
  3. Closing the loop on packaging by 2030
  4. Net zero carbon emissions by 2040

Further ambitions:

  1. Deliver positive impacts for our communities
  2. Achieve a zero-harm workplace
  3. Achieve diversity in our people that reflects our communities
  4. Build stronger brand partnerships with aligned sustainability ambitions and strategies
  5. Embed our responsible sourcing commitment in our supplier partnerships
  6. Partner with our customers on shared sustainability vision

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