Coca-Cola Europacific Partners (CCEP) ESG update summary
Event summary combining transcript, slides, and related documents.
ESG update summary
15 May, 2026Strategic 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.
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