2023
HIGHLIGHTS
A review of our impact in 2023
This report marks the first time we are reporting against the targets set out in Sustainable Future 2030, our sustainability strategy which launched in January 2023.
Sustainable Future 2030 – through its three pillars of Climate Net Zero, Sustainable Supply, and Our People – provides an ambitious, pragmatic, and collaborative response to key issues in the beverage industry over the medium to long term.
During 2023, our focus was on laying strong foundations for each pillar to set ourselves up for long-term success. Within our Climate pillar we established a robust data baseline for carbon emissions, submitted our net-zero targets to the Science Based Targets initiative (SBTi) for validation, and are now applying best practice to build carbon reduction plans.
Work has also commenced on better understanding our water footprint and developing our approach to biodiversity and nature.
Under our Sustainable Supply pillar we have focused on embedding our Supplier Relationship Management (SRM) program across our business through training and the development of resources. This will support us in building stronger supplier relationships, improving our due diligence processes, and measuring progress. Through Our People pillar, meanwhile, we are aligning with international standards and best practice to integrate a human rights due diligence (HRDD) led approach. As part of this, we undertook a gap analysis in 2023 reviewing our policies and processes to understand where improvements are needed, and built senior level capacity on the topic of human rights. We also continued to improve the representation of women in management positions and conducted a Living Wage baseline assessment.
As this report details, we have made good progress but recognize there is much more to do. Delivering consistent positive impact and ensuring our sustainability ambitions also support sustainable commercial growth can only happen in partnership with our suppliers, customers, and society at large. We look forward to working even more closely with our partners in the years to come.
Joe Yalley-OgunroGroup Head of Sustainability
