The Coca-Cola Hellenic Bottling Company (CCHBC), a consumer goods company and the parent company of Nigerian Bottling Company (NBC) Ltd., has announced its commitment to achieve net zero emissions across its chain of value by 2040.
The pledge, which was recently launched in 28 markets by the company, represents a bold response to global concerns about the climate emergency and its threats to the future of the planet.
The company aims to achieve this goal through the adoption of several initiatives, including investing € 250 million in emissions reduction initiatives by 2025; switch to 100% renewable electricity and low carbon energy sources; accelerate efforts towards low-carbon packaging by increasing the use of rPET and adopting packaging-free and refillable options and eliminating plastics in secondary packaging.
The company also plans to provide its customers with energy-efficient and environmentally friendly coolers, reduce emissions from agricultural ingredients, and implement a “green fleet” program to shift to low-carbon, zero-emission alternatives. carbon.
Commenting on the initiative, Coca-Cola HBC CEO Zoran Bogdanovic said, “This commitment is the ultimate destination of a journey we started many years ago. It is fully in line with our philosophy of supporting the socio-economic development of our communities and having a more positive environmental impact. Both are integral to our future growth. While we don’t have all the answers yet, our plan, track record, and partnership approach gives us confidence that we’ll deliver.
Also commenting on behalf of one of the company’s partners, Tetra Pak Vice President of Sustainability Markus Pfanner said: “As Tetra Pak also has a net zero target and SBTi has endorsed aligned 2030 targets on 1.5o, we are looking forward to working with Coca-Cola. HBC to reduce GHG emissions and together achieve our common goals.
In Nigeria, the Nigerian Bottling Company (NBC) is playing its role in accelerating efforts to achieve this goal through several interventions. The company has started to transition four of its manufacturing plants in Maiduguri, Kano, Asejire and Abuja to renewable energy sources through the installation of solar energy infrastructure. These efforts provide up to 2,650 KWP to the facilities, and the expansion phase will even further reduce the carbon footprint.
Additionally, NBC completed the installation of combined heat and power (CHP) plants at four of its manufacturing plants, significantly reducing its carbon footprint across the country. With cogeneration plants, the heat emissions that would have been lost are effectively redirected to the supply boilers of the factories.
The company has also ensured that all of its manufacturing facilities have effluent treatment plants, which ensure that the wastewater discharged from operations is safe for plant and animal life.
Speaking on the company’s interventions so far, NBC Managing Director Mathieu Seguin said, “Climate change is a global emergency that requires deliberate, proactive and coordinated efforts to be mitigated. We have seen its impact on agriculture and food production, sea level rise, decline in biodiversity and threat to coastal communities.
“We are passionate about leading efforts that strengthen environmental sustainability while supporting the socio-economic development of our communities. These priorities are an integral part of our future growth and are at the heart of our values as an organization.
With an existing and approved scientific goal, CCHBC aims for a 25% reduction in its value chain emissions by 2030 and a further 50% reduction in the following decade. To tackle the 90% of emissions resulting from third-party actions, the company is expanding existing partnership approaches with suppliers while investing in other climate protection measures when emissions cannot be fully eliminated.