Coca Cola FEMSA B de C : Cola FEMSA included for the third consecutive year in the S&P Global Sustainability Yearbook 2023 - Form 6-K
March 28, 2023 at 11:59 pm EST
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Coca-Cola FEMSA included for the third consecutive year in the S&P Global Sustainability Yearbook 2023
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Coca-Cola FEMSA is recognized for the third consecutive year in the S&P Global Sustainability Yearbook, a benchmark for sustainability worldwide.
Mexico City, Mexico. February 28, 2023. - Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL; NYSE: KOF) ("Coca-Cola FEMSA" or the "Company"), the largest bottler in the Coca-Cola system by sales volume, announced its inclusion for the third consecutive year in the 2023 edition of S&P Global Sustainability Yearbook, due to its strong performance on S&P Global Corporate Sustainability Assessment.
This year, a record number of more than 7 thousand companies were evaluated, and just 59 were included from the global beverage sector, with Coca-Cola FEMSA being one of the two Mexican companies in this sector selected for the 2023 edition of S&P Global Sustainability Yearbook. Additionally, the Company ranked in the top 15% of the global beverage sector, complying with the highest standards of environmental, social, and corporate governance (ESG) dimensions of S&P Global evaluation criteria.
"To be part of S&P Global Sustainability Yearbook for the third consecutive year is an important recognition for all of us at Coca-Cola FEMSA. It reinforces our commitment to continue strengthening our ambitious ESG agenda as we strive to continue generating a positive impact in the environment and in our communities", said Ian Craig García, Coca-Cola FEMSA's Chief Executive Officer.
Coca-Cola FEMSA's deep commitment to sustainability is highlighted by its industry-leading ambitions and initiatives. These include the Company's public commitments to make all consumer packaging 100% recyclable by 2030, reach an industry benchmark water use ratio of 1.26 liters of water per liter of beverage produced by 2026, and achieve 100% renewable energy for its bottling operations by 2030.
In addition, Coca-Cola FEMSA continues making history in sustainable financing by becoming the first company in the consumer sector in the Americas and the first in the Coca-Cola system to successfully issue social bonds, highlighting the Company's profound commitment to the communities it serves.
As a leader and benchmark within the beverage industry, Coca-Cola FEMSA has outperformed on several external evaluations, and has been selected for multiple global indexes, including the Dow Jones Sustainability™ Global and Emerging Market Indices, the FTSE4Good Emerging Index, and the S&P/BMV Total Mexico ESG Index.
Coca-Cola FEMSA SAB de CV published this content on 28 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2023 04:58:05 UTC.
Coca-Cola FEMSA, S.A.B. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities. The Company's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, coffee, teas, milk, dairy and isotonic drinks).
COCA-COLA FEMSA, S.A.B. DE C.V. 
