Company Statements
04/11/01
The Coca-Cola Company's Statement On Climate Change Management
Responsible stewardship of the environment is a top priority for The
Coca-Cola Company. Our long-term success depends on quenching the thirst
of consumers each day in an environmentally sound and sustainable manner.
Our new environmental management system, eKOsystem, is being implemented
across our business enterprise to address and reduce local impacts on the
environment. Key areas of focus in our efforts are ensuring efficient and
sustainable use of local water resources; reducing generation of solid
waste, maximizing recycling and optimizing our use of materials; and
reducing our impact on global climate change.
We are convinced that competition between industries and companies
will result in innovations that will stimulate new technologies for reducing
impact on climate change. Market based incentives must play a major role
in reduction of global warming gases.
We also believe that local governments, industry and NGOs should look for
opportunities to work together to stimulate partnerships to reduce the
generation of carbon dioxide and other climate change gases. These include
restoration efforts that can reduce carbon dioxide gases through creation
of new sequestration sources; increased research and development efforts in
the areas of energy efficiency, alternative fuels and refrigerants; and
market based incentives to stimulate investment in research and
development.
We believe such partnerships, supported by national governments, along with
mechanisms that stimulate free-market environmentalism must be encouraged
if we are to stem the tide of climate change.
We do business in nearly 200 countries and believe that implementation of
specific treaties and protocols should be left to national political processes.
We have significant challenges and a lot of work to do to meet our own climate
change commitments. Our short-term focus is to lead our enterprise out of
the use of HFC's for purchase of new equipment and look for innovations
that will deliver significant reductions in the amount of energy necessary
to run cold drink equipment. |
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