Coca-Cola Egypt Announces its Sponsorship of COP27
In partnership with Egypt’s Ministry of Foreign Affairs, the Coca-Cola system announced its sponsorship of the 27th Annual United Nations Climate Change Conference of the Parties (COP27).
The United Nations conference, to be hosted on November 6-18, 2022, in Sharm-El Sheikh, provides a platform for governments, the private sector and civil society to discuss their role in creating solutions that help alleviate the adverse impacts of climate change.
The Coca-Cola Company’s bottling partner in Egypt announced in 2021 its commitment to reach NetZero emissions across their entire value chain in all markets where the company operate by 2040.
Michael Goltzman, Global Vice President of Public Policy and Sustainability at The Coca-Cola Company said: “We know that global challenges like plastic waste, water stewardship and climate change are far too great for any single government, company, or industry to solve individually.
“COP27 gives us an opportunity to continue engaging with experts, nonprofits, industry, and governments to support actions toward sustainable change across our value chain.”
While Marcel Martin, Chief Corporate Affairs & Sustainability Officer at Coca-Cola HBC commented: “Coca-Cola HBC has been recognised in numerous global ESG benchmarks as a leader in sustainability. We are proud of the significant progress towards our NetZeroby40 goal that we have achieved to date".