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Stock impact report

CCEP urged to commit to more reusable packaging [Yahoo! Finance]

Coca-Cola Company (The) (KO) 
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
Company Research Source: Yahoo! Finance
This call to action (CTA) coincides with CCEP's annual shareholder meeting in London, UK, today (22 May). In 2022, The Coca-Cola Company pledged to achieve 25% reusable packaging across the business by 2030. However, CCEP has reportedly not yet made a formal similar commitment so far. CCEP reported sales equating to 37 billion 500ml bottles of Coca-Cola in 2023. According to Oceana, a single reusable bottle can be used up to 50 times and a reusable cup more than 100 times. Each reuse negates the need for a single-use container, which is instrumental in reducing plastic waste. In 2022, The Coca-Cola Company reported that 93% of its refillable bottles were collected for reuse, in stark contrast to the 58% of single-use plastic bottles that were recycled. Oceana senior vice-president Matt Littlejohn said: “Plastic is devastating our oceans and Coca-Cola is the world's top plastic polluter according to survey results published by the Break Free From Plastic Movement. “In Show less Read more
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