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Overall Assessment |
Comment |
Score |
Comprehensive |
Coca-Cola HBC AG has demonstrated a comprehensive level of transparency in its climate lobbying activities. The company clearly describes its engagement channels by detailing that it works primarily through trade associations—such as UNESDA Soft Drinks Europe and Europen—and supplements this with limited direct advocacy, including participation in "consultation meetings dedicated to the bottle deposit scheme in Poland" and involvement in the consultation process for the draft EU Packaging and Packaging Waste Regulation. In terms of policy engagement, Coca-Cola HBC AG explicitly identifies key climate-related frameworks, noting its support for initiatives like the EU Green Deal, the EU Code of Conduct for responsible business and marketing practices, the EU Farm-to-Fork Strategy, and the Packaging Waste Regulation. Furthermore, the company articulates specific and measurable outcomes it seeks to achieve, including attaining net zero emissions across its value chain by 2040, ensuring that all PET bottles contain at least 50% recycled content by 2025, and achieving closed-loop packaging collection by 2030, along with advocating for enhanced regulations on deposit return systems. These detailed disclosures about its mechanisms, targeted policies, and desired outcomes demonstrate a strong commitment to transparent climate lobbying.
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4
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Overall Assessment |
Comment |
Score |
Strong |
Coca-Cola HBC demonstrates a strong governance process for climate lobbying alignment, particularly through its trade association memberships and advocacy efforts. The company explicitly states that "all our direct or indirect advocacy is aligned with our commitment to achieve NetZero by 2040," and it "regularly reviews, monitors and assesses our memberships to ensure that any trade associations we are members of, share the Paris Agreement goals." This monitoring is conducted annually and reviewed by the Chief Corporate Affairs and Sustainability Officer, who is identified as the responsible party for overseeing alignment. Furthermore, Coca-Cola HBC has a compliance framework at the executive level to address misalignments, which includes actions such as "direct engagement with the trade association with clear timelines to address these differences," "public statements distancing the company from the misalignment," and "remedial actions such as leaving the trade association." These measures indicate a defined governance process for ensuring alignment of indirect lobbying efforts with climate goals. However, while the company provides detailed descriptions of its monitoring and compliance mechanisms, it does not mention publishing an annual lobbying report or conducting a comprehensive lobbying audit, which would further enhance transparency and governance.
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3
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