Coca-cola Europacific Partners Plc · NASDAQ:CCEP
Coca-cola Europacific Partners — ESG Presentation (December 2020)
18 slides from Coca-cola Europacific Partners's sustainability presentation, December 2020
Slide 1: Analysts & investors briefing
Taste the feeling Analysts & investors briefing Joe Franses VP Sustainability Sarah Willett VP Investor Relations & Corporate Strategy
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains statements, estimates or projections that constitute "forward-looking statements" concerning the financial condition, performance, results, strategy and objectives of Coca-Cola European Partners plc and its subsidiaries (together “CCEP”), CCEP's
Slide 3: Action on Climate Now
ACTION ON CLIMATE | NOW CLIMATE
Slide 4: 2040 Net-Zero Ambition and 2030 Carbon Reduction Target
1 2040 NET-ZERO AMBITION Across our entire value chain (scope1 1, 2 & 3) 2 2030 CARBON REDUCTION TARGET Absolute greenhouse gas (GHG) emissions reduction across our entire value chain by 30%2 3 LONG TERM INCENTIVE PLAN 15% weighting on GHG reduction3 4 2023 SUPPLIER ENGAGEMENT TARGET 100% of our str
Slide 5: Strong credentials; but must progress further, faster
STRONG CREDENTIALS; BUT MUST PROGRESS FURTHER, FASTER AAA Rating FTSE4GOOD 5
Slide 6: Human activity has already caused approx. 1.0C of global warming
HUMAN ACTIVITY HAS ALREADY CAUSED ATMOSPHERIC CO2 LEVELS, PARTS ° APPROX. 1.0 C OF PER MILLION 400 GLOBAL WARMING OVER PRE-INDUSTRIAL 350 LEVELS 300 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2018 MINIMAL FLUCTUATION OF ATMOSPHERIC CO2 LEVELS UPTURN UNSUSTAINABLE TRIGGERED CO2 EMISSIONS BY IN
Slide 7: Global emissions to net zero by 2050 to meet Paris Agreement
GLOBAL EMISSIONS TO NET ZERO BY 2050 IF WE ARE TO MEET THE PARIS CLIMATE AGREEMENT To limit further global temperature increases, global net emissions must decline by about 45% from 2010 levels by 2030, reaching net zero around 2050. 7
Slide 8: Global carbon reductions keeping pace with climate science
GLOBAL CARBON REDUCTIONS KEEPING PACE WITH CLIMATE SCIENCE Source: https://climateactiontracker.org/global/cat-thermometer/ 8
Slide 9: Accelerating change towards a low-carbon model to drive growth and reduce risk
WE ARE ACCELERATING CHANGE TOWARDS A LOW-CARBON MODEL TO DRIVE GROWTH & REDUCE RISK BUSINESS IMPACTS: PHYSICAL RISKS OF CLIMATE CHANGE CHANGES TO WEATHER AND PRECIPITATION PATTERNS EXTREME WEATHER EVENTS Limits availability of ingredients and raw materials Disrupts production Disrupts / limits distr
Slide 10: GHG Protocol
GHG PROTOCOL SCOPE 1 Direct emissions from owned or controlled sources. e.g. manufacturing, owned transportation SCOPE 2 Indirect emissions from the generation of purchased energy. e.g. purchasing 100% renewable electricity SCOPE 3 Indirect emissions that occur in the value chain e.g. ingredients, p
Slide 11: GHG emissions breakdown 2019 by source
BREAKDOWN 2019 BY SOURCE * Reduction versus 2010 11
Slide 12: CCEP GHG emissions breakdown 2019 by scope
CCEP GHG EMISSIONS BREAKDOWN 2019 BY SCOPE Oo SCOP: 1: Direct emissions from owned or controlled [e) sources SE 22% REDUCTION VS 2010 WHERE OUR nai Scope? MISSIONS” Ue ages COME FROM % 5 98% REDUCTION VS 2010 SCOPEN PR i, 93% nares Oo e.g. 27% REDUCTION VS 2010 Purchased goods and services/ capital
Slide 13: Our progress Nov 2017 to Dec 2020
Nov 2017 Our progress Dec 2020 1. Reduce GHG1 emissions on core in 2019 2040 NET-ZERO AMBITION business by 50% 2 by 2025 1. 52% Across our entire value chain3 2. Reduce GHG1 emissions across entire 2. 30.5% 2030 CARBON REDUCTION TARGET value chain3 by 35%2 by 2025 Absolute GHG1 emissions reduction a
Slide 14: Proposed carbon reduction pathway 2040
PROPOSED CARBON REDUCTION PATHWAY 2040 REDUCTION ALREADY ACHIEVED 2030 REDUCTION TARGET PATHWAY TO NET ZERO KEY 6,000,000 Emissions 2010-19 ‘SINCE 2010 WE HAVE REDUCED EMISSIONS: BY 30.5% 5,000,000 Avoided emissions 400,000 BY 2030 WE WANT T0 REDUCE EMISSIONS BYA FURTHER 30%, Projected carbon remova
Slide 15: We aim to reduce our emissions by 30% across our value chain
We aim to reduce our emissions by 30% across our value chain1 [1] By 2030; vs 2019. Notes. CDE = Cold Drink Equipment, also referred to as “coolers”: Fugitive CO2 reduction refers to the loss of CO2 as an ingredient that occurs when we cap our products. HFC = Hydrofluorocarbon. OFUs = Open fronted u
Slide 16: 2030 Carbon Reduction Target
2030 CARBON REDUCTION TARGET To reduce absolute GHG emissions across entire value chain1 by 30% by 2030 (vs 2019) [1] Scope 1, 2 & 3. Notes. CDE = Cold Drink Equipment, also referred to as “coolers”: Fugitive CO2 reduction refers to the loss of CO2 as an ingredient that occurs when we cap our produc
Slide 17: CCEP / Action on Climate: Guiding principles
CCEP / ACTION ON CLIMATE Guiding principles 17
Slide 18: Q&A
Q&A Please use the Q&A feature, select “All Panelists” from the drop down on the righthand-side of the screen and submit your question We’ll aim to reach net-zero We’ll reduce greenhouse gas We’ll integrate a carbon reduction We’ll aim for 100% of our strategic emissions across our entire value emis
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