Coca-Cola Amatil commits to net zero carbon emissions by 2040

Coca-Cola Amatil (Amatil) has announced 10 sustainability objectives in its ‘2020-2040 Sustainability Ambitions’.

Building on its ‘2020 Sustainability Goals’ achievements, the company will focus its action over the next 20 years on four priority areas: water, consumer wellbeing, packaging and carbon reduction.

Group Managing Director Alison Watkins said, “Amatil is committed to maintaining a leadership role in sustainability and we firmly believe 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 20 years.”

The ambitions are also aligned with The Coca-Cola Company’s (TCCC) sustainability priorities and strategies, including TCCC’s Science-Based Target of 25% carbon reduction by 2030 (compared to 2015) and its 2030 World Without Waste program.

Here is a summary of the 10 ambitions, including the four priority areas:

1. Net zero water by 2020: Sustain net zero water operations by being water stewards; only sourcing from sustainable water sources; together with The Coca-Cola Company, return to nature and communities more than the amount of water that it uses in its drinks; use water carefully and efficiently in its operations; and focus on re-use opportunities.
2. Consumer wellbeing by 2025: Reduction of sugar (grams per 100 mL) across non-alcoholic beverages portfolio of 35% in Indonesia and 20% in Australia and New Zealand by 2025 (vs 2015).
3. Closing the loop on packaging by 2030: Partnering for pack-to-pack recycling solutions in all countries where it operates by 2030 and designing for 100% recyclability across all packaging. Also, 50% average recycled or renewable content across all packaging by 2030.
4. Net zero carbon emissions by 2040: 100% renewable electricity in Australia and New Zealand by 2025; achieve net zero direct carbon emissions (Scope 1 & 2) by 2040 and reduce other emissions in line with The Coca-Cola Company’s Science-Based Target of 25% reduction by 2030 (vs 2015).
5. Deliver positive impacts to their communities.
6. Achieve a zero-harm workplace.
7. Achieve diversity of their people.
8. Stronger brand partnerships.
9. Responsible sourcing commitment.
10. Shared sustainability vision.

“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.” Watkins said.