Coca-Cola HBC AG – Annual report – 31 December 2024
Industry: food and drink
About our report (extract)
The sustainability aspects of this Integrated Annual Report comply with the requirements of the Corporate Social Responsibility Directive (CSRD), which mandates reporting in line with the European Sustainability Reporting Standards (ESRS). It also complies with the requirements for communication on progress against the 10 Principles of the United Nations Global Compact (UNGC), Art. 964b of the Swiss Code of Obligations and it is prepared in accordance with the GRI Standards (2021). Furthermore, the Integrated Annual Report is aligned with the principles and elements of the International Integrated Reporting Council’s (IIRC) framework and key indicators of the Sustainability Accounting Standards Board (SASB). Coca-Cola HBC supports the Task Force on Climate-related Financial Disclosures (TCFD) and implements the TCFD recommendations in the Integrated Annual Report. Finally, Greenhouse gas emissions are calculated using the GHG Protocol Corporate Accounting and Reporting Standard measurement methodology.
Sustainability disclosures in the Integrated Annual Report, the Sustainability Statement and the 2024 GRI Content Index, have been prepared on a consolidated basis, with the scope of consolidation being the same with that of the financial statements, and in addition, including relevant upstream and downstream elements of the value chain where applicable. Joint Ventures, where we have operational control are also reported as part of our own operations. Mission 2025 sustainability commitments exclude Egyptian operations, as they were not foreseen in the baseline year nor in the target year.
As with the rest of the information provided, the sustainability aspects of this Integrated Annual Report cover the full year ended 31 December 2024 and the related information presented is based on an annual reporting cycle.