Coca-Cola FEMSA is the only Latin American company in the beverage industry included in the Dow Jones Sustainability™ Emerging Markets Index.
The bottler is the first Mexican company to align its greenhouse gas (GHG) emissions reduction targets with the Paris Agreement, and recently issued the largest Green Bond ever for a Latin American corporation in the international capital markets.
Mexico City – November 19, 2020 – Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFUBL, NYSE: KOF) (“KOF” or the “Company”), confirms its sustainability leadership by being the only Latin American company in the beverage industry included in the Dow Jones Sustainability™ Emerging Markets Index for the eight consecutive year and in the Dow Jones Sustainability MILA Pacific Alliance Index for the fourth year since its creation.
The Company is considered a benchmark among its peers for its operational eco-efficiency, climate change strategy, water-related risk management, and environmental and social reporting, all of which are publicly available through its Annual Integrated Report.
“This has been a year of transformation and capabilities development. As we navigate the dynamic environment, we continue with our sustainability strategy to contribute to the care of the environment and the wellbeing of the communities we have the privilege to serve. Our achievements affirm Coca-Cola FEMSA’s purpose of refreshing our customers and consumers in the most efficient and sustainable way, while we continue generating value for our stakeholders,” said John Santa Maria, CEO of Coca-Cola FEMSA.
During this year, Coca-Cola FEMSA achieved its 2020 environmental sustainability goals, accomplishing an industry benchmark water use ratio of 1.5 liters of water used per liter of beverage produced, using clean energy for over 80% of its global bottling operations’ electricity requirements, and integrating over 25% of recycled resin in its PET packaging.
Additionally, the Company reached important milestones in sustainability, such as being the first Mexican company and the third Latin American company to achieve the approval of the Science Based Targets initiative (SBTi) for the alignment of its greenhouse gas (GHG) emissions reduction targets to meet the goals of the Paris Agreement, and by issuing its first Green Bond in the international capital markets for US$705 million, an amount that currently represents the largest issuance for a Latin American corporation, and that will be used to fund projects related to water stewardship, circular economy and carbon footprint reduction.
On top of its inclusion in the Dow Jones Sustainability™ Emerging Markets Index, Coca-Cola FEMSA has earned other accolades for its sustainability performance such as, being part of the FTSE4Good Emerging Index, the new S&P/BMV Total Mexico ESG Index and the Bloomberg Gender Equality Index.
For further information, please review Coca-Cola FEMSA’s Annual Integrated Report, “One Vision, One Platform, One Future,” available at: https://coca-colafemsa.com/KOF2019/ and visit https://coca-colafemsa.com
About Coca-Cola FEMSA
Coca-Cola FEMSA, S.A.B. de C.V. is the largest Coca-Cola franchise bottler in the world by sales volume. The company produces and distributes trademark beverages of The Coca-Cola Company, offering a wide portfolio of 129 brands to a population of more than 261 million. With over 80 thousand employees, the company markets and sells approximately 3.4 billion unit cases through close to 2 million points of sale a year. Operating 49 manufacturing plants and 268 distribution centers, Coca-Cola FEMSA is committed to generating economic, social, and environmental value for all of its stakeholders across the value chain. The company is a member of the Dow Jones Sustainability Emerging Markets Index, Dow Jones Sustainability MILA Pacific Alliance Index, FTSE4Good Emerging Index, and the S&P/BMV Total Mexico ESG Index, among others. Its operations encompass franchise territories in Mexico, Brazil, Guatemala, Colombia, and Argentina, and, nationwide, in Costa Rica, Nicaragua, Panama, Uruguay, and in Venezuela through its investment in KOF Venezuela. For further information, please visit www.coca-colafemsa.com