Coca-Cola FEMSA is a Mexican-based company that operates in the Carbonated Soft Drinks sector. The company is the largest Coca-Cola bottler in the world by sales volume, and it operates in 10 countries across Latin America, including Mexico, Brazil, Argentina, and Colombia. Coca-Cola FEMSA is committed to sustainability and is actively working towards decarbonisation by reducing its carbon footprint and increasing its use of renewable energy sources.

Corporate Energy

Coca-Cola FEMSA is committed to reducing its carbon footprint and has implemented several initiatives to achieve this goal. One of these initiatives is the implementation of a corporate energy program that aims to reduce energy consumption across all of its operations. The program includes the implementation of energy-efficient technologies, the optimization of production processes, and the use of renewable energy sources.

Coca-Cola FEMSA has also implemented an energy management system that monitors energy consumption in real-time and identifies areas where energy can be saved. The system has been implemented across all of its operations, including its bottling plants, distribution centers, and offices.

Corporate PPA

Coca-Cola FEMSA has also signed several corporate power purchase agreements (PPAs) to increase its use of renewable energy sources. PPAs are long-term contracts between a company and a renewable energy provider that guarantee a fixed price for renewable energy over a set period. By signing these agreements, Coca-Cola FEMSA is able to secure a stable and predictable source of renewable energy and reduce its reliance on fossil fuels.

One of the largest PPAs that Coca-Cola FEMSA has signed is with Enel Green Power Mexico, a renewable energy provider. The agreement guarantees the supply of 494 GWh of renewable energy per year, which is equivalent to the energy consumption of 60,000 Mexican households. The energy will be supplied by a wind farm in the state of Nuevo Leon and will help Coca-Cola FEMSA reduce its carbon footprint by 28,000 tons of CO2 per year.

Renewable Energy

Coca-Cola FEMSA is committed to increasing its use of renewable energy sources and has set a target to source 50% of its energy from renewable sources by 2025. The company is already making progress towards this target and has increased its use of renewable energy from 5% in 2019 to 9% in 2020.

Coca-Cola FEMSA is investing in renewable energy projects across Latin America, including wind and solar farms. The company has also implemented several energy-efficient technologies, such as LED lighting and energy-efficient refrigeration systems, to reduce its energy consumption.

Decarbonisation

Coca-Cola FEMSA is committed to decarbonisation and has set a target to reduce its carbon footprint by 50% by 2030. The company is already making progress towards this target and has reduced its carbon footprint by 10% since 2019.

Coca-Cola FEMSA is implementing several initiatives to achieve this target, including the use of renewable energy sources, energy-efficient technologies, and the optimization of production processes. The company is also working with its suppliers to reduce their carbon footprint and is implementing sustainable packaging solutions to reduce waste.

Conclusion

Coca-Cola FEMSA is a Mexican-based company that operates in the Carbonated Soft Drinks sector. The company is committed to sustainability and is actively working towards decarbonisation by reducing its carbon footprint and increasing its use of renewable energy sources. Coca-Cola FEMSA has implemented several initiatives, including a corporate energy program, corporate PPAs, and the use of renewable energy sources, to achieve its sustainability goals. The company is making progress towards its targets and is investing in renewable energy projects across Latin America to reduce its reliance on fossil fuels. Coca-Cola FEMSA is a leader in sustainability in the Carbonated Soft Drinks sector and is setting an example for other companies to follow.