Tag: Coca-Cola HBC

A €12 million investment to bring returnable and resealable glass bottles to market in Austria in drive to Net Zero by 2040

Stuart Mitchell

Coca-Cola HBC has opened a new high-speed returnable glass bottling line (RGB) at its plant in Edelstal, Austria. The milestone €12 million investment from Coca-Cola HBC was supported by a €4 million grant from the Austrian government as part of its fund for beverage companies and retailers to enable a true circular economy for packaging. The new line, which is more water and energy efficient, will produce an innovative 400ml returnable and resealable glass bottle for the Austrian market. This is a first across Coca-Cola HBC’s 29 markets and is…

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Coca-Cola HBC raises €500m for sustainable projects in inaugural Green Bond issue

Stuart Mitchell

Coca-Cola HBC Finance B.V. has successfully issued its first green bond driven by strong investor demand, raising €500m in support of its ambitious sustainability projects. The net proceeds of the Green Bond will be allocated toward projects that meet the eligibility criteria outlined in the Group’s Green Finance Framework. They will accelerate progress of the company’s NetZeroby40 and Mission 2025 commitments, including: circularity, energy efficiency, water stewardship, biodiversity and community programmes, innovation in sustainable packaging, and support of sustainable agriculture and procurement. This latest step is further evidence of Coca-Cola…

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