1
Winning today, creating tomorrow sus tainably
Sustainability is built into our growth strategy and value creation
We have made strong progress on our sustainability action plan Focused on what matters most to our business and stakeholders
Fully integrated Philippines into our plans and targets
Strong partnerships in place to accelerate solutions and progress
4bn
Volume (unit cases)1
31
Countries
85
Sites
39,000
Colleagues
~$40bn
Market cap2
>€21bn
Revenue1
>4m
Customers
600m
Consumers 1
1 FY25
2. March 26
Great Brands.
Great People.
Great Execution.
Done Sus tainably.
5
Our 10+ year sus tainability journey
One of firs t 10
companies to set a science-based carbon reduction target
Announced ambition to reach Net Zero by 2040
Updated 2030 and
2040 climate targets approved by Science Based Targets initiative
Coca-Cola Beverages Philippines Inc. joins CCEP
This is Forward simplified and
updated to include the Philippines
THIS IS FORWARD
2015
2017
2020
2021
2023
2024
2026
Launched 'This is Forward',
sustainability action plan
This is Forward updated to
include Australia, Indonesia and Pacific
Updated 2030 roadmaps for climate, packaging and water
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Sus tainability drives value creation
Positive financial return
Long-term customer
Future proofing
Energy and water efficiency, packaging reduction
collaboration
on shared goals and community impact
to address climate
and water related risks
Brand love and consumer preference
through pack and cooler innovation
Employee value proposition engagement and capability building
And makes good business sense7
We have made s trong progress in 2025
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Water & Nature
Achieve water security
across our value chain
Packaging
Achieve higher collection and recycling rates for our bottles and cans and replace oil-based virgin plastic with recycled plastic
Communities
Strengthen and support
our local communities
This is Forward is at the heart of our long-term business s trategy
Climate
Reach Net Zero emissions
(Scope 1, 2 and 3) by 2040
Our updated 2030 targets have been guided by our roadmaps
Target 2030 Target FY25 2030
#1
By 2030 reduce absolute GHG emissions (Scope 1, 2 and 3)
by 30% vs 20191
19%
30%
#2
By 2030 return at least 85% of the total water we use at high-risk
locations, at an aggregate level, to nature and communities (100% by 2035)2
56%
>85%
GHG Emissions Reduction
High Risk Locations
#3
By 2030 return at least 100% of the water we use in our finished drinks,
at an aggregate level, to nature and communities 3
105%
>100%
Water Replenish
#4
By 2030 collect and recycle the equivalent of at least 85% of the bottles
and cans we sell4
76%
>85%
Collection
#5
By 2030 at least 30% of the PET we use to make plastic bottles will be
recycled PET5
46%
>30%
#6
By 2030 provide skills development opportunities for at least 500,000
people, delivered through our programmes and partnerships 6
146,100*
>500,000
Recycled Plastic
Skills Development
* Since 2023. All footnotes can be found in Appendix
Embedded into our day-to-day operations
Drinks: Growth of low and no calorie drinks now a structural part of our business strategy.
Recyclability: 2025 recyclability target largely achieved, and recyclability now fully embedded.
Renewable electricity: 100% renewable electricity target has not changed and remains a key enabler for 2030 climate target.
Supply chain: Sustainable sourcing target and Supplier Guiding Principles (SGP) now core part of Supplier Engagement Programme.
Water efficiency: site-level water efficiency targets retained internally. Will continue to track and report aggregated group-wide performance.
Ingredients and Packaging account for 60-70% of our GHG emissions
Ingredients
Manufacturing
Trans portation
25-30% 35-40% ~10% ~10% 10-15% <2%
Packaging
CDE
Other
2025 value chain carbon footprint
Over 90% of our GHG emissions are Scope 3
Scope 1
Direct emissions
5%
22.5%
reduction since 2019
Scope 2Indirect emissions
2%62.9%
reduction since 2019
Scope 1
5%
Scope 2
2%
Scope 3
93%
Scope 3Indirect emissions that occur in the value chain, including both upstream and downstream
93%16.5%
reduction since 2019
This is Forward
CLIMATE
We are reducing greenhouse emissions across our business and our value chain, in line with climate science.
We're investing in decarbonising our own operations and value chain, aiming to reach Net Zero emissions (Scope 1, 2 and 3)
by 2040.
Our 2030 targets
To reduce
absolute GHG emissions by 30% vs 2019*
Aiming to reach
Net Zero
GHG emissions by 2040
Our progress in 2025
18.9%
84.1%
18.9% reduction in
absolute GHG emissions (Scope 1,2 and 3) across our value chain, vs 2019
84.1% of the electricity
we used was from renewable sources
Our
s trategy
01
Reduce emissions across our own operations
02
Reduce emissions across our value chain
03
Supplier engagement to reduce Scope 3 emissions
04
Invest in low-carbon solutions through CCEP Ventures
Growing our business, reducing our GHG emissions
01
Reduce emissions across our own operations
02
Reduce emissions across our value chain
03
Supplier engagement to reduce Scope 3 emissions
04
Invest in low-carbon solutions through CCEP Ventures
Our actions
Our actions
Energy efficiency
Renewable electricity and lower carbon fuels
Reducing CO2 losses in manufacturing
Recycled content and increased collection
Lighter packaging
Switching to alternative fuels
Optimising delivery routes and switching from road to rail
Asking suppliers to set science-based targets and share product carbon footprint data
Supporting supplier decarbonisation
Developing direct air capture technology
AI for crop selection
Environmentally friendly cooling and heating solutions
We have a long-term roadmap and inves tment plan to reach Net Zero
Our climate transition roadmap includes a 2030 carbon reduction plan, aligned to business growth, Capex and Opex plans.
Invested over €420 million between 2022 and 2024 to accelerate decarbonisation across our operations and value chain
Plan to invest ~€385 million in emissions reduction initiatives between 2025 and 2027.
Carbon reduction included into our Long-Term Incentive Plan since 2020.
Asking suppliers to provide product carbon footprints
Training and capacity building
Asking carbon strategic suppliers to set science-based targets
.
Offering sustainability-linked supply chain finance in partnership with Rabobank
Encouraging our suppliers to reduce Scope 3 emissions
Our suppliers are responsible for over 90% of GHG emissions in our value chain.
Assessing the environmental performance of strategic suppliers
We can only meet our own GHG emissions reduction targets by working in partnership.
Delivering carbon reduction through inves tments , partners hips and innovation
Exploring the use of Direct Air
Capture technology at one of our manufacturing sites.
Detailed carbon reduction roadmaps for all our major markets.
At our Dongen manufacturing
site in NL we have installed two new electric boilers, alongside an innovative heat recovery system.
Six Climate Accelerator workgroups to help tackle hard-to-reduce
emissions across the value chain.
Partnering with Avalo to reduce agricultural emissions from sugarcane.
This is Forward
PACKAGING
We are working to reduce the impact of our packaging and associated GHG emissions. We are working to achieve higher collection and recycling rates for our bottles and cans and replace oil-based virgin plastic with recycled plastic.
Our 2030 targets
Collect and recycle the equivalent of at least 85%
of the bottles or cans we sell
At least 30%
of the PET we use to make plastic bottles will be recycled PET
Our progress in 2025
75.7%
45.9%
99.8%
75.7%
of bottles and cans were collected for recycling
45.9%
of PET used was recycled PET
99.8%
of packaging was recyclable
Our satcrtaiotengsy
01
Increase packaging collection
02
Recycled content in our packaging
03
Recyclability, refillable & dispensed solutions
Our FY25 packaging footprint
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