Business Services Industry
Coca-Cola Enterprises Inc. Publishes 2006 Corporate Responsibility and Sustainability Report
Business Wire, July 19, 2007
ATLANTA -- Coca-Cola Enterprises (NYSE: CCE), the world's largest marketer, distributor, and producer of Coca-Cola products, has published its second company-wide Corporate Responsibility and Sustainability Report. To access CCE's 2006 report in its entirety, please visit http://www.cokecce.com/assets/uploaded_files/2006CCECRS.pdf. Comments, feedback, or requests for hard copies of the 2006 report are welcome at crsreview@na.cokecce.com.
"The initiatives which are represented in our 2006 Report detail the progress we're making, like conserving energy and improving our water efficiency," said John Brock, president and chief executive officer. "By making Corporate Responsibility and Sustainability a pillar of our business strategy, we have the opportunity to balance growth with sustainability and improve our overall business performance."
The report is a comprehensive look at Coca-Cola Enterprises' business and its impacts on local communities throughout the eight countries where it does business in North America and Western Europe. The report follows the G3 guidelines of the Global Reporting Initiative (GRI) and focuses on corporate governance, workplace, marketplace, environment, and community.
Highlights of the report include:
Corporate Governance
* Signed the United Nations Global Compact in early 2007
* Enhanced governance of corporate responsibility by updating charter and renaming Corporate Responsibility and Sustainability Committee of the Board of Directors
Workplace
* Created global Communications Council to promote open internal communication
* Developed award-winning program to address age diversity in Great Britain
Marketplace
* Spent more than $140 million in supplier diversity, 40 percent higher than 2005
* Received sales team awards in Great Britain, Canada, and Belgium
Environment
* Improved water efficiency by six percent
* Introduced energy efficient initiatives that will reduce lighting energy consumption by 50 percent
Community
* Provided more than $28 million to community investment programs
* Paid $4 billion in salaries and benefits, $11 billion with suppliers, and more than $1.2 billion in corporate taxes
Coca-Cola Enterprises will continue to work to improve its reporting capabilities and data-gathering systems. The company is committed to developing greater transparency in reporting and improving the quality and quantity of the data reported.
Coca-Cola Enterprises Inc. is the world's largest marketer, distributor, and producer of bottle and can liquid nonalcoholic refreshment. Coca-Cola Enterprises sells approximately 80 percent of The Coca-Cola Company's bottle and can volume in North America and is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, and the Netherlands.
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