Coca Cola HBC AG

Soft Drinks

CCH.L

GBX 2,221 (1.1)%

Share price

$ 10 bn

Market Cap

$ 13 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.96x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8% weighted average for S&P 500

FY2022

Coca Cola HBC AG aims to reduce Scope 1 + 2 by 55% by 2030 from a base year 2017

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Weaker than the -6.2% weighted average for S&P 500

FY2022

Coca Cola HBC AG aims to reduce Scope 3 by 21% by 2030 from a base year 2017

1.5°C

GHG emissions and Carbon intensity

Coca Cola HBC AG reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 426 Kt (-6.1 /-1.4% y-o-y). Also positively, carbon intensity was down at 50 t (-10 /-16.9% y-o-y).

Coca Cola HBC AG's Scope 3 emissions was up at 3,683 Kt (+60/+1.7% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 55% by 2030 from a base year 2017, which translates into the estimated reduction of -20 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 21% by 2030 from a base year 2017, which translates into the estimated reduction of -51 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	426	255	171	3,683	8,508	50
2020Q4	432	234	198	3,623	7,180	60
2019Q4	481	249	233	3,845	7,897	61
2018Q4	538	269	269	4,051	7,871	68
2017Q4	547	263	282	4,079	7,362	74
2016Q4	587	287	301	3,509	6,854	86