Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced water use ratio by 15% in the last 5 years
• Reduced energy use ratio by 8.4% in the last 5 years
• Reached 22.1% recycled resin in Brazil and 14.3% in Argentina in packaging
• Achieved 4% recycled resin in Paraguay (after the creation of Circular Pet)
• Reduced GHG emissions by 11.2% compared to the previous year (950,974 TnCO2eq)

Social Achievements

• Women's participation in the organization reached 16.4%
• More than 800,000 people participated in community initiatives
• 356 critical suppliers underwent ESG assessments

Governance Achievements

• Implemented a robust Corporate Governance Model
• Established a Crime Prevention Model, certified by an external entity
• Implemented an Anonymous Whistleblowing Channel

Climate Goals & Targets

Environmental Challenges

• High inflation in operating markets
• Rising raw material costs
• Shifting consumer preferences
• Changes in the political and regulatory environment
• Water scarcity
• Supply chain disruptions
• Climate change impacts
• Changes in brand image and product quality
• Risks related to free competition

Mitigation Strategies

• Implemented a Sustainable Value Creation Strategy
• Developed alternative sourcing strategies
• Implemented digital transformation initiatives
• Improved water use efficiency
• Incorporated climate change risks into the Risk Management Model
• Implemented a Compliance Program on Antitrust matters
• Implemented a Comprehensive Waste Management Program
• Strengthened returnable packaging initiatives

Supply Chain Management

Supplier Audits: 356 critical suppliers underwent ESG assessments

Responsible Procurement

• Code of Ethics for Suppliers and Third Parties
• Corporate Procurement Policy
• Corporate Human Rights Policy
• The Coca-Cola Company’s Guiding Principles for Suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity due to reduced rainfall and droughts
• Climate events disrupting the value chain
• Climatic factors limiting raw material availability
• Decreased productivity due to extreme heat
• Lack of river flow limiting hydroelectric energy availability

Transition Risks

• Increased costs of raw packaging materials
• Rising fossil fuel prices
• Increased energy, raw material, and input costs
• Change in stakeholder perceptions with negative impact on companies without decarbonization plans

Opportunities

• Increased demand for beverages due to higher temperatures
• New environmental regulations benefiting returnable containers
• New, cheaper technology providing opportunities to improve efficiency and reduce operating costs

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: FSSC22000, ISO 14064-1, LEED Gold

Third-party Assurance: EY

UN Sustainable Development Goals

• 6.3
• 6.4
• 3.d
• 12.a
• 12.5
• 15.5
• 7.2
• 13.1
• 13.2
• 8.2
• 8.8
• 5.5
• 5.b
• 5.c
• 11.4
• 11.6
• 16.5
• 16.6
• 16.7

The company's initiatives contribute to these SDGs through water management, waste reduction, energy efficiency, community outreach, supply chain sustainability, and good governance practices.

Sustainable Products & Innovation

• Coca-Cola Byte
• Coca-Cola Marshmello
• Fanta Misterio

Awards & Recognition

• Latam RGM 2022 Certification (Argentina, Brazil, Chile)
• Prospera (Chile)
• Top of Mind (Paraguay)
• Latam Ouro Certification of RGM 2022 (Brazil)
• Award-Winning Employer (Paraguay)
• Merco University Ranking of Talent (Chile)
• Seal Gender Equality Initiative (GPI) (Chile)
• Kaizen Award (Chile)