Multimedia News Release
The Coca-Cola Company Announces New
Global Targets for Water Conservation and Climate Protection in Partnership
with WWF
Extends Partnership with
WWF to Protect Freshwater Resources
October 30, 2008
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- The Coca-Cola Company
(TCCC), in partnership with WWF,
has set ambitious new
global targets to improve water efficiency and reduce
carbon emissions within its system-wide operations.
- The partnership also is promoting sustainable agricultural
practices and helping to conserve seven
of the world's most important freshwater river basins,
which include the Yangtze, Mekong, Danube, Rio Grande/Rio
Bravo, Lakes Niassa and Chiuta, Mesoamerican Reef catchments,
and the rivers and streams in the southeastern region of the
U.S.
- The partners announced an agreement to extend their work
two years through 2012 with an additional $3.75 million in
funding from TCCC.
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Muhtar Kent, President and CEO, The Coca-Cola
Company:
"Our sustainability as a company demands a relentless focus
on efficiency in our use of natural resources. These performance
targets are one way we are engaging our global business to improve
our management of water and energy."
Carter Roberts, President and CEO, WWF-US:
"In this resource constrained world, successful businesses will
find ways to achieve growth while using fewer resources. The
Coca-Cola Company's commitment to conservation
responds to the imperative to solve the global water and climate
crisis."
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"Where the River Flows: Partnership in Action"
Through the voices of our partners, this is a story of
some of our Company partnerships -- including World Wildlife
Fund -- formed to preserve the freshwater river basin
that feeds into the Mesoamerican Caribbean Reef.
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- The Coca-Cola system will improve its water
efficiency by 20 percent by 2012, compared to a baseline year
2004.
- The Company has set two emissions reduction targets: 1)
grow the business, not the carbon system-wide, and 2) a 5
percent absolute reduction in Annex 1 (developed) countries.
The emissions targets apply to manufacturing operations in
the year 2015 compared to a baseline year of 2004.
- With this emissions reduction commitment, WWF has welcomed
TCCC into its Climate Savers program, a group of leading corporations
from around the world that are working with WWF to dramatically
reduce their greenhouse gas emissions.
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About The Coca-Cola Company
The Coca-Cola Company is the world's largest beverage
company, refreshing consumers with more than 450 sparkling and
still brands. Along with Coca-Cola®, recognized
as the world's most valuable brand, the Company's portfolio includes
12 other billion dollar brands, including Diet Coke®, Fanta®,
Sprite®, Coca-Cola Zero®, vitaminwater, POWERade®,
Minute Maid® and Georgia® Coffee. Globally, we are the
No. 1 provider of sparkling beverages, juices and juice drinks
and ready-to-drink teas and coffees. Through the world's largest
beverage distribution system, consumers in more than 200 countries
enjoy the Company's beverages at a rate of 1.5 billion servings
a day. With an enduring commitment to building sustainable communities,
our Company is focused on initiatives that protect the environment,
conserve resources and enhance the economic development of the
communities where we operate. For more information about our Company,
please visit our website at www.thecoca-colacompany.com. |
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WWF
For more than 45 years, WWF has been protecting the future of
nature. As a global conservation organization, WWF is one of the
world's largest working in 100 countries. It is supported by 1.2
million members in the United States and close to 5 million around
the world. WWF's unique way of working combines global reach with
a foundation in science, involves action at every level from local
to global, and ensures the delivery of innovative solutions that
meet the needs of both people and nature. For more information,
visit www.worldwildlife.org.
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Our Company
