NEWS

Coca-Cola HBC has retained top positions in two of the most important ESG rankings

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For the eighth time, the company has been ranked as the world’s most sustainable beverage company in the 2024 Dow Jones Best-in-Class Indices. These were formerly known as the Dow Jones Sustainability Indices (DJSI) and are issued by S&P Global.

The S&P Global Sustainability Yearbook 2025 rankings are now publicly available and confirm the company’s number one global ranking.

The company’s efforts were also recognised by the double-A rating from CDP on climate and water in 2024.

Coca-Cola HBC CEO Zoran Bogdanovic said:

We continuously evolve our business model to deliver growth successfully and sustainably at the same time and take a clear and strategic approach to sustainability that makes our business more resilient. Each year we make good progress towards our ambitious and measurable objectives in sustainability. In 2025, the Science Based Targets initiative (SBTi) approved our NetZeroby40 target which, for the first time, includes Egypt.

We know that sustainability initiatives are increasingly important for our customers and consumers. Our customers tell us they value our sustainability expertise and our joint sustainability initiatives help grow their business, which, in turn helps make our own business stronger.

Thank you to our colleagues, customers, suppliers, and partners for helping us to continue our journey and open up a more sustainable future.

ZORAN BOGDANOVIC Chief Executive Officer of Coca-Cola HBC

Significant progress in Cyprus

Consistent with the Group's strategy for sustainable development, Coca-Cola HBC Cyprus implements significant sustainability initiatives to achieve its goal of net-zero carbon emissions by 2040. To this end, it is working intensively to reduce energy consumption and has achieved important targets so that the supply of electricity to its plants comes from 100% renewable sources, while 66.9% of the total energy comes from renewable energy sources.

In addition, by prioritizing the "Green Fleet" program, Coca-Cola HBC Cyprus uses electric forklifts in its factories, while replacing its fleet with electric and hybrid vehicles. At the same time, in this journey of minimizing its carbon footprint, the company is replacing its refrigerators on the market with energy- efficient equipment.

Recognizing the importance of proper water management, Coca-Cola HBC Cyprus has installed water recycling and reuse systems at a rate of more than 75% at its plants in Nicosia and Kykkos, has achieved a reduction in the water use rate by 34.6% compared to 2010, while at the same time it conducts continuous monitoring and measurement of consumption through analyses and online measurements on a daily basis for the accurate mapping of the water network.

Finally, the company actively stands by society, empowers the young generation and enhances employment, implementing the innovative program of free trainings "Youth Empowered". You can learn more about the Sustainability Commitments of Coca-Cola HBC Group here and Coca-Cola HBC Cyprus here.