Coca-Cola Europacific Partners (CCEP) investor relations material

Strategic sustainability integration and target updates

• Sustainability is fully embedded in business operations and growth strategy, with updated targets now including the Philippines after recent acquisitions.

• The 'This is Forward' action plan, launched in 2017 and updated in 2021 and 2024, guides group-wide sustainability efforts.

• Six group-wide 2030 targets focus on emissions, packaging, water, and community skills, each supported by detailed roadmaps.

• Partnerships are leveraged to accelerate solutions and progress, with collaboration across suppliers, customers, NGOs, and policymakers.

• Strategic direction remains unchanged, but targets are sharpened for clarity and achievability.

Climate action and emissions reduction

• Achieved an 18.9%–19% absolute reduction in Scope 1, 2, and 3 emissions since 2019, while growing the business.

• 2030 target is a 30% absolute GHG reduction, with a validated science-based approach and a EUR 385 million investment plan for 2025–2027.

• Over 90% of GHG emissions are Scope 3, mainly from suppliers; supplier engagement and science-based targets are prioritized, with 60% of 220 strategic suppliers setting targets.

• Renewable electricity use reached 84% group-wide in 2025, with 100% in Europe.

• Achieving net zero by 2040 depends on external factors like policy shifts and renewable energy transitions.

Packaging, recycling, and refillables

• Over 44 billion packaging units placed in markets last year, with 17% refillable bottles and 99%–99.8% recyclable packaging.

• 75.7% of bottles and cans sold in 2025 were collected for recycling; 45.9% of PET used was recycled PET.

• Group-wide 2030 target for rPET is set at 30%, reflecting supply, cost, and market challenges, especially after including the Philippines.

• Deposit return schemes in developed markets drive collection rates up to 90%, with new schemes launching in Portugal and the UK and over 80% collection rates in several countries.

• Investments in refillable lines and PET recycling infrastructure support circularity and high-quality rPET supply.