By Shawn Lesser
August 19th, 2011- The Coca Cola Company is one
of the largest worldwide beverage retailers, manufacturers, and
marketers of various non-alcoholic beverages. Currently, the
company sells more than 500 brands in more than 200 countries.
The Coca Cola Company also has a long history of sustainability
and helping with theenvironment. They maintain a large focus on the
environmental
impact of their products and use different methodologies and
initiatives in order to reduce waste and sustain the environment.
Here is a list of just ten of the things the Coca Cola Company does
to protect the environment.
1) Give it Back Green Initiative. Recently, the
Coca Cola Company launches their Green Give it Back Initiative. Coca Cola made
a POP display that was made specifically from Coke packaging that
had been recycled. The idea is that when the retailer is done using
the cardboard shelving unit, they are asked to then return it to
the company when they are done using it and then it is recycled.
The shelving unit is made with exposed cardboard and unfinished
edges to draw attention to the fact that it is recycled material.
The hope is that people will realize that if corrugated, recycled
cardboard is good enough for Coca Cola, then it is a valid
structural material. Coca Cola also hopes that this initiative will
push other competitors to create recyclable initiatives of their
own.
2) Coca Cola Water Related Initiatives. Coca
Cola is currently promoting a water stewardship strategy that they
hope will advance a number of initiatives in water source
preservation, wastewater management, and water usage efficiency. The Source Water Protection Project, for
example, is a long term initiative where water sources for
different plants are identified and plans are created to assess
source vulnerability and preserve sources are to be formulated. A
Coca Cola plant in Japan has already begun the process of surveying
water sources in a pilot program and the results will be used for
extending project implementation to every plant by 2012.
3) Coca Cola Works with Keep American Beautiful to
Support Recycling Programs. Coca Cola, in partnership with
Keep America Beautiful offered grants
to
recycling programs in 82 American towns and cities to boost
local recycling efforts. There were over 1,700 applicants and
the 82 recipients represent a large cross section of different
local governments, community groups, nonprofit organizations and
universities around the United States. The criteria included
locations where recycling bins have the most effect in retaining
beverage contains from the waste, and the ability of the recipients
to fully sustain the recycling program for the future.
4) Coca Cola India offers eKOCool to Boost Rural
Sales. Coca Cola India is bringing their product into rural areas by offering a new item
called eKOCool. The eKOCool can work in rural areas that do not
have electricity as it is completely run by solar power. It
operates only through solar energy with no other energy source
needed. It can hold up to 48 300ml glass bottles of Coca Cola. Not
only that, but the eKOCool can also charge mobile phones and
provide light to a home. This new innovation provides Coca Cola
with a competitive edge, allowing them to tap into the rural market
and increase sales.
5) Refrigeration Initiatives. The goal of Coca
Cola's refrigeration initiatives are to improve the
efficiency of the coolers, fountain equipment and vending machines,
while at the same time reducing greenhouse gas emissions created by
the refrigeration equipment. With more than ten million vending
machines and coolers around the world, Coca Cola realizes their
refrigeration equipment is a large contributor to the global carbon
footprint. The first goal was to improve cooling equipment
energy efficiency by 40 to 50 percent by 2010. They have also
started using HFC-free insulation foam for all new equipment which
eliminates 5 percent of direct greenhouse gas emissions. Lastly,
they have identified a new natural refrigerant gas to replace
current HFC refrigerant gases and are starting to phase that out by
2015.
6) Reducing Initiatives. The objective of Coca
Cola's
reducing initiatives is to grow the business but not their
overall carbon dioxide emissions from their manufacturing
operations. Coca Cola wants to reduce absolute emissions from all
manufacturing operations in developed countries by five percent by
the year 2015. Since 2004, Coca Cola has been able to reduce energy
consumption by 10 percent. This has started with fixing leaking,
reducing pressure, insulating pipes, and optimizing
temperatures.
7) Refueling Initiatives. The aim of the refueling initiatives is to manage the
distribution fleet in an effort to incorporate a number of more
fuel efficient product delivery modes. Currently, Coca Cola is
working to boost the overall fuel efficiency of the fleet, which
includes over 200,000 vehicles utilized to deliver products around
the globe. Coca Cola is testing 30 electric powered, compact trucks
for the Uruguay sales force - this new model uses one-fifth of the
fuel consumption of earlier models. Coca Cola trucks in Mexico are
powered with a combination of diesel and electricity, making them
30 percent more efficient and reducing carbon dioxide emissions by
40 percent. Coca Cola has also started optimizing delivery routes
to minimize the number of stops as well as fuel usage.
8 ) Global Package Recovery Initiatives. All
the countries around the world that have Coca Cola plants are
creating their own Global Package Recovery Initiative. In
Australia, for example, Coca Cola has worked with the National
packaging Covenant Industry Association to reduce the overall
environmental impact associated with the disposal of packaging
through the conservation of resources via better design as well as
production processes. In the United Kingdom, Coca Cola works with
WRAP, which helps businesses make better use of their resources by
reducing waste and learning how to recycle more. In Egypt,
refillable packaging is used in which packaging is used, collected,
washed and then refilled into a Coca Cola managed system.
9) PlantBottle. Created by Coca Cola,
PlantBottle is the first every recyclable PET plastic beverage
bottle that is made from up to 30 percent plant based materials and
is a 100 percent recyclable bottle. The packaging of PlantBottle
functions, looks, and recycles like traditional PET plastic;
however it does this creating a lighter footprint. It was honored
at the 2011 Edison Awards for Best New Product - Sustainable
Packaging and it won the prominent DuPont Award for Packaging
Innovation. In just 2010, PlantBottle packaging eliminated around
30,000 metric tons of carbon dioxide.
10) Recycling Initiatives. Coca Cola has
created a number of recycling initiatives to sustain the
environment. The main recycling initiative is to start using a
comprehensive wastewater treatment for all water used in
manufacturing operations. Coca Cola understands that it has a
responsibility to uphold the quality of water that goes in all the
beverages but as well the water quality that is discharged from
plants throughout the duration of the manufacturing process. the
goal is to return 100 percent of all water used via manufacturing
right back into the environment in a safe manner.
Article by Shawn Lesser, Co-founder & Managing Partner
of Atlanta-based Watershed Capital Group - an investment bank
assisting sustainable fund and companies raise capital, perform
acquisitions, and in other strategic financial decisions. He is
also a Co-founder of the GCCA Global Cleantech Cluster Association "The
Global Voice of Cleantech". He writes for various cleantech
publications and is known as the David Letterman of Cleantech for
his "Top 10″ series. He can be reached at
shawn@watershedcapital.com