Coca-Cola to reach water goal five years early
The
soda giant announced it would replenish all the water used in making its
beverages by the end of 2015
The Coca-Cola Company expects to restore all the water it
uses to make its beverages by the end of 2015. Photograph: Dylan
Martinez/REUTERS
The Coca-Cola Company
expects to replenish all the water it uses to make its beverages by the end of
2015, five years ahead of its scheduled goal.
The beverage giant, which manufactures brands
such as Diet Coke, Sprite and Powerade, announced Tuesday that it and its
bottling partners returned nearly all of the water used to make its beverages
in 2014 to local communities and the environment.
Last year, the company used about 305bn liters of water to produce
about 163bn liters of beverages sold globally. Based on last
year’s sales volume, the company said it had replenished 94% of the water used in its products.
This puts Coca-Cola five years ahead of its goal, announced in 2007, that it would
restore the amount of water equivalent to what it uses in its beverages and
production by 2020.
There is growing awareness that the era of
cheap, readily available water is coming to an end – something businesses are
being advised to take into serious consideration. A report from the sustainable business
consortium Ceres published in May, for example, found that most food companies
aren’t prepared to deal with the water risks that Ceres expects will lead to
higher water and food prices.
Coca-Cola, on the other hand, seems to be
taking the issue of water insecurity seriously. As part of its efforts, the
company has launched 209 community water projects in 61 countries, covering
issues like improving access to safe drinking water and protecting watersheds.
It has partnered with more than half a dozen aid and development organizations,
including the United States Agency for International Development, the United
Nations Development Program and the Millennium Challenge Corporation, to help
meet its goals.
Environmental experts have previously questioned Coca-Cola’s water stewardship activities,
suggesting they are a way for the company to use its influence and money to
deflect criticism away from its environmental record.
The senior director of global water
stewardship at The Coca-Cola Company, Greg Koch, said the ambition and scale of
Coca-Cola’s goal helped make it a success. “You incentivize people, including
our partners, by having an aggressive goal,” he said.
He also credited the scientists who helped the
company craft its water replenishment initiatives in communities around the
world. “They helped make all of us a little more intelligent on how to design
projects with bigger impacts,” he said.
The water that isn’t used in the company’s
beverages goes towards manufacturing operations such as cooling towers and
cleaning mixing tanks and pipes, Koch said. He added that the company has spent
about a billion dollars developing wastewater treatment plants around the world
to date.
An estimated 90% of all wastewater in
developing countries is discharged, untreated, directly into rivers, lakes or
oceans, according to the UNEP. “We wanted to make sure
we were not contributing to that,” said Koch.
In a statement, The Nature Conservancy (TNC),
which helped Coca-Cola develop its methodology in measuring its water
replenishment efforts, emphasized the importance of large corporations taking
responsibility for the effect their business operations have on the
environment.
“More and more companies now recognize that
factoring nature into their decision-making is a smart business strategy,” said
TNC CEO Mark Tercek. “Coca-Cola’s commitment to water underscores that
investing in nature can produce very positive returns for businesses and local
communities.”
Looking ahead, the company will increase its
commitment to replenish water to match sales growth, Koch said.
“We manufacture locally, so we’re fully
dependent on the stability of each community,” he said. “They all need reliable
supplies of water – it’s an issue vital to our business.”
No comments:
Post a Comment