Coca-Cola FEMSA, the largest bottler in the Coca-Cola system by sales volume, announced its inclusion for the third consecutive year in the 2023 edition of S&P Global Sustainability Yearbook, due to its strong performance on S&P Global Corporate Sustainability Assessment.
This year, a record number of more than 7 thousand companies were evaluated, and just 59 were included from the global beverage sector, with Coca-Cola FEMSA being one of the two Mexican companies in this sector selected for the 2023 edition of S&P Global Sustainability Yearbook. Additionally, the Company ranked in the top 15% of the global beverage sector, complying with the highest standards of environmental, social, and corporate governance (ESG) dimensions of S&P Global evaluation criteria.
“To be part of S&P Global Sustainability Yearbook for the third consecutive year is an important recognition for all of us at Coca-Cola FEMSA. It reinforces our commitment to continue strengthening our ambitious ESG agenda as we strive to continue generating a positive impact in the environment and in our communities”, said Ian Craig García, Coca-Cola FEMSA’s Chief Executive Officer.
Coca-Cola FEMSA’s deep commitment to sustainability is highlighted by its industry-leading ambitions and initiatives. These include the Company’s public commitments to make all consumer packaging 100% recyclable by 2030, reach an industry benchmark water use ratio of 1.26 liters of water per liter of beverage produced by 2026, and achieve 100% renewable energy for its bottling operations by 2030.
In addition, Coca-Cola FEMSA continues making history in sustainable financing by becoming the first company in the consumer sector in the Americas and the first in the Coca-Cola system to successfully issue social bonds, highlighting the Company’s profound commitment to the communities it serves.
As a leader and benchmark within the beverage industry, Coca-Cola FEMSA has outperformed on several external evaluations, and has been selected for multiple global indexes, including the Dow Jones Sustainability™ Global and Emerging Market Indices, the FTSE4Good Emerging Index, and the S&P/BMV Total Mexico ESG Index.