Coca-Cola Europacific Partners (CCEP) ESG update summary

Sustainability strategy and integration

• 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 and stakeholder engagement are leveraged to accelerate solutions and progress.

• Sustainability initiatives drive both P&L benefits and long-term value through efficiency, brand preference, and employee engagement.

Climate action and emissions reduction

• Achieved a 19% absolute reduction in Scope 1, 2, and 3 emissions since 2019, with a 2030 target of 30% reduction and net zero by 2040.

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

• Over €420 million invested in decarbonization from 2022–2024, with €385 million planned for 2025–2027.

• 84% of purchased electricity is from renewable sources, reaching 100% in Europe.

• Science-based targets validated by the Science Based Targets initiative underpin climate goals.

Packaging and recycling

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

• 99.8% of packaging was recyclable in 2025; collection and recycling rates exceed 80% in some markets with deposit return schemes.

• Group-wide 2030 target for rPET is set at 30%, reflecting market complexity and cost challenges.

• Investments in PET recycling JVs, refillable lines, and infrastructure support circularity.

• Deposit return schemes in Europe and Australia drive high collection rates; new schemes launched in Portugal and planned for the UK.