#Sustainability #Japan #Tokyo #CDP #Coca-Cola

Coca-Cola Bottlers Japan's Commitment to Sustainability

Coca-Cola Bottlers Japan Holdings, headquartered in Minato, Tokyo, has received the top accolade of 'Supplier Engagement Leader' from CDP for three consecutive years. Under the leadership of CEO Karin Dragan, the company has been recognized for its significant efforts in promoting supply chain engagement concerning climate change.

The CDP Supplier Engagement Rating assesses how companies interact with their supply chains on climate-related issues. It focuses primarily on responses in four key areas: governance, target setting, Scope 3 emissions, and value chain engagement. This comprehensive evaluation process allows CDP to identify companies that are leading the way in sustainability practices.

At the core of Coca-Cola Bottlers Japan's operations is the concept of Creating Shared Value (CSV). This approach emphasizes the importance of generating economic and social value through business activities. The company has integrated this philosophy into its sustainability strategy and has set non-financial goals known as 'CSV Goals.' To achieve these goals, various initiatives have been implemented, which encompass calculating and disclosing Scope 3 emissions, collaborating with suppliers to reduce environmental impacts, and strengthening climate risk management frameworks.

These efforts have led to recognition from CDP for their commitment to building a sustainable society. Coca-Cola Bottlers Japan understands the importance of engaging deeply with suppliers, and is dedicated to enhancing these partnerships to effectively address climate change and contribute to the creation of a sustainable value chain.

For more information on Coca-Cola Bottlers Japan’s sustainability initiatives, you can visit their CSV page here.

What is CDP?

CDP (formerly known as the Carbon Disclosure Project) is an international non-profit organization that provides a global system for companies and municipal governments to disclose environmental information. Established in 2000, CDP has led initiatives to encourage companies to disclose their environmental impacts and to reduce greenhouse gas emissions, while also promoting the protection of water resources and forests. By tapping into the purchasing power of companies and the capital markets, CDP has leveraged over $142 trillion of assets in collaboration with more than 700 signatory financial institutions.

In 2024, it is anticipated that over 24,800 companies and more than 1,100 municipalities will disclose their environmental information through CDP's questionnaires, showcasing the growing importance of accountability and transparency in environmental sustainability.

Please note that the information presented in this news release reflects the status as of the announcement date and may differ from the latest updates.