The Coca-Cola Company is proving it is water wise, with the beverage giant now claiming that it is replenishing all of the water it uses in its operations around the globe, a major milestone for the company.
Through 248 community water partnership projects that focused on such things as safe water access, watershed protection and education in more than 70 countries, Coca-Cola says it was able to achieve its 2020 Water Replenishment Goal years ahead of schedule and that it is the first Fortune 500 company to do so.
The company says it and its bottling partners returned about 191.9 billion litres of water to nature and communities last year, which is equivalent to 115% of the water used in Coca-Cola’s beverages in 2015. Coca-Cola says its water use was audited by LimnoTech and Deloitte and conducted in association with The Nature Conservancy. The company also says it improved water efficiency by 2.5% between 2014 and 2015, adding to a cumulative improvement of 27% since 2004.
“Now, every time a consumer drinks a Coca-Cola product, they can have confidence that our company and bottling partners are committed to responsible water use today and tomorrow. We are keenly aware that our water stewardship is unfinished and remain focused on exploring next steps to advance our water programs and performance,” said Coca-Cola Chairman and CEO Muhtar Kent.