We focus on our greatest opportunities for impact in the environment, our supply chain, as well as for health and well-being, people and communities. We are committed to transparency of our corporate responsibility strategies, programs, progress and governance.
2023 Goals & Progress
Environment
| Year | Goal | 2021 Actual | 2022 Actual | 2023 Actual |
|---|---|---|---|---|
| 2024 | Engage bottlers and select suppliers representing 50% of Scope 3 emissions to set a science-based target | 36% | 44% | 46% |
| 2025 | Obtain 100% of electricity from renewable sources | 62% | 74% | 83% |
| 2025 | Improve our water use efficiency by 20% | 7% | 7% | 5% |
| 2025 | Convert 100% of packaging to be recyclable or compostable* | 95% | 94% | 95% |
| 2025 | Use 30% post-consumer recycled content across our packaging portfolio | 24% | 24% | 27% |
| 2025 | Use 25% post-consumer recycled content in our plastic packaging | 11% | 18% | 17% |
| 2025 | Achieve a 20% virgin plastic reduction across our plastic packaging portfolio | 6% | 11% | 15% |
| 2025 | Send zero waste to landfill across our operations | 92% | 92% | 93% |
| 2030 | Reduce Scope 1 and 2 emissions by categories by 30% | 9% | 13% | 21% |
| 2030 | Reduce Scope 3 emissions in select categories by 15% | 3% | 5% | 12% |
| 2030 | Partner with our highest water-risk operating communities to replenish 100% of water used in our beverages in those communities | 49% | 55% | 55% |
Supply Chain
| Year | Goal | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| ONGOING | Responsibly source our brewers and priority inputs | |||
| Responsibly source our coffee** | 100% | 100% | 100% | |
| Responsibly source our cocoa*** | 81% | 100% | 100% | |
| 2030 | Support regenerative agriculture and conservation on 250,000 acres of land | N/A | 11,296 | 43,435 |
Health & Well-Being
| Year | Goal | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| 2025 | Provide positive hydration in 60% of our products | 56% | 57% | 59% |
People & Communities
| Year | Goal | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| 2025 | Increase female representation in Director+ positions by 25% to 33% of the total | 28% | 31% | 32% |
| 2025 | Increase people of color representation in Director+ positions by 25% to 21% of the total | 17% | 18% | 19% |
*Updated to include the addition of plastic packaging that are categorized as “recyclable with detrimental qualities” per the Association of Plastic Recyclers (APR).
** During 2021 and 2022, a small amount of coffee was received as conventional (0.38% and 0.36%, respectively) due to COVID-19 impacts, supplier error or shipping delays. In 2023, 0.002% of coffee (a single shipment) was received as conventional per a customer requirement.
***2021 was our final transition year, with 19% of cocoa purchased as conventional. At the end of 2021, all cocoa contracted going forward was 100% responsibly sourced through verification or third-party certification programs. This metric is updated from our 2022 Corporate Responsibility Report to reflect the percentage of responsibly sourced cocoa received during the year ended December 31, 2021.
What We’re Doing
To advance our corporate responsibility strategy, we use credible standards, robust disclosures and intentionally designed roadmaps to set and measure progress of our corporate responsibility goals based on the tools and technologies available to us today.
Addressing corporate responsibility issues can be complex and requires scalable systems changes. We engage with stakeholders to develop and execute our corporate responsibility programs and progress. These collaborations and partnerships foster trust, elevate our performance, help to identify emerging trends and allow us to find solutions to shared challenges.
We also believe strong governance and oversight is the foundation for fostering a culture of integrity, transparency and responsibility. Our strong governance structures help to build trust with our consumers and generate sustainable business performance.
Our Pillars
Our corporate responsibility strategy focuses our efforts in areas we believe we can have the greatest impact over time and in collaboration with others.
We are committed to reducing our environmental impacts and restoring resources in support of a regenerative and circular economy. We partner to accelerate and amplify our efforts, supporting climate resilience within our value chain.
We aim to use our buying power for good through responsible sourcing actions in key supply chains and focused work with suppliers. We collaborate with a range of innovative partners around the world with the goal of improving livelihoods and supporting regenerative agriculture and conservation.
We strive to offer a broad, well-balanced portfolio of quality products that is accessible to all consumers and marketed responsibly. We aim to understand root causes of health inequities and look for opportunities to address them through our portfolio and partnerships.
We aim to cultivate top beverage talent with a challenger mindset. We are committed to creating an inclusive, high-performing work environment in which all employees feel supported and talent can thrive. We also engage locally by investing in meaningful social impact programs to build strong, vibrant communities.