Coca-Cola Beverages Philippines Inc. (CCBPI), the bottling arm of Coca-Cola in the country, has achieved another sustainability milestone in Q1 of 2021 upon completing the installation of almost 14,000 solar panels in its Davao del Sur, Misamis Oriental, and Bacolod plants.
A multi-phased solar panel project is underway that covers four more sites— namely, Canlubang, Sta. Rosa, Zamboanga, and Cebu—with 2022 as a target deadline. With this, CCBPI is pursuing a 24,000 solar panel project, with the total capacity to produce a maximum of 9.4MW, a press release from CCBPI said.
“Energy efficiency is one of the company’s strategic investment areas. Efforts to further integrate renewable energy (RE) into its operations are part of CCBPI’s Cleaner Energy 2.0 initiative—a roadmap toward becoming a leader in clean energy use and energy use ratio in Southeast Asia by 2023,” it said.
Even with the challenges brought by the pandemic, Coca-Cola steadily poured in investments—an initial $63M for 2021 and $95M in 2020—to ensure the highest standards of safety, quality, and sustainability for every bottle that reaches its customers.
To date, as much as 65 percent of Coca-Cola’s total energy consumption is sourced from renewable and clean energy, which are geothermal, solar, and biomass resources, the press release said.
“Organizations of our scale need to consciously and deliberately manage our environmental impact. By placing sustainability at the core of our operations, we are able to demonstrate that growing a successful business through sound and responsible enterprise strategies is highly achievable.” Gareth McGeown, CCBPI president and CEO, said.*