Coca-Cola on track to meet full 2020 water replenishment goal by end of 2015
The Coca-Cola Company and its global bottling partners, the Coca-Cola System, have announced that they are on track to meet their 2020 water replenishment goal by the end of 2015.
STOCKHOLM, SWEDEN, Aug. 25, 2015 -- Today, the Coca-Cola Company and its global bottling partners, the Coca-Cola System, announced that they are on track to meet their 2020 water replenishment goal by the end of 2015. Based on the System's global water replenishment projects to date, it is balancing the equivalent of an estimated 94 percent of the water used in its finished beverages based on 2014 sales volume.
Since 2004, Coca-Cola has replenished an estimated 153.6 billion liters of water back to communities and nature through 209 community water projects in 61 countries. The Coca-Cola System returned approximately 126.7 billion liters of water used in its manufacturing processes back to communities and nature through treated wastewater in 2014. These combined efforts put Coca-Cola on track to be the first global food and beverage company to replenish all the water it uses back to communities and nature.
Coca-Cola is able to give back the amount of water equivalent to what it uses in its finished beverages and its production through replenishment projects, increasing water-use efficiency in its plants, and returning water to watersheds and municipalities through wastewater treatment. Part of meeting its replenishment goal is engaging in diverse, locally focused community water projects. Each project works toward set objectives such as providing or improving access to safe water and sanitation, protecting watersheds, supporting water conservation, and raising awareness on critical local water issues.
Once projects are established, the Company and its bottling partners work to ensure those projects remain sustainable within communities over time and continue to replenish water. These efforts, as well as new projects, frequently address local source water vulnerabilities and balance additional sales volume as Coca-Cola's business continues to grow each year.
The Nature Conservancy was an instrumental partner in designing the methodology to quantify Coca-Cola's water replenishment efforts to balance the water used in finished beverages. The methodology for calculating replenishment benefits was also the subject of scientific technical peer review to verify the use of generally accepted methods and accuracy for the foregoing purpose. Projects are reviewed annually and evaluated using this methodology. An overview of each project and their respective replenishment value is included in the Company's 2015 replenishment verification report prepared by LimnoTech and verified by Deloitte.
In 2007, the Company and its bottling partners set a goal to safely return to communities and nature an amount of water equivalent to what is used in its beverages and its production by 2020. The water footprint of growing agricultural ingredients sourced by the Coca-Cola system is not included in this goal. However, sustainable water practices are part of its Sustainable Agriculture Guiding Principles required for suppliers. The replenish projects are the result of partnerships with governments, civil society and other members of the private sector. Coca-Cola only calculates replenishment credit for the portions of the project that are directly funded or instituted by the Coca-Cola System.