The Central America Bottling Corporation (cbc)
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The Central America Bottling Corporation (CBC) is a leading beverage company based in Guatemala that has been operating in the Central American region for over 50 years. CBC is a subsidiary of the Coca-Cola Company and is responsible for the production, distribution, and marketing of Coca-Cola products in Central America.
CBC has a strong commitment to sustainability and has been working towards decarbonisation by reducing its carbon footprint and increasing its use of renewable energy sources. The company has set ambitious targets to reduce its greenhouse gas emissions by 25% by 2025 and has been implementing a range of measures to achieve this goal.
One of the key initiatives that CBC has undertaken is the implementation of a corporate energy strategy that focuses on reducing energy consumption and increasing the use of renewable energy sources. The company has been investing in energy-efficient technologies and has been working to optimize its production processes to reduce energy consumption.
CBC has also been exploring the use of corporate power purchase agreements (PPAs) to increase its use of renewable energy sources. A corporate PPA is an agreement between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a long-term period. This allows companies like CBC to secure a stable and predictable source of renewable energy, while also supporting the growth of the renewable energy industry.
In 2019, CBC signed a 10-year corporate PPA with a wind farm in Guatemala, which will provide the company with 18% of its total energy needs. This agreement is expected to reduce CBC's greenhouse gas emissions by over 15,000 metric tons per year, which is equivalent to taking more than 3,000 cars off the road.
CBC has also been investing in renewable energy projects of its own, including the installation of solar panels at its production facilities in Guatemala. The company has installed over 3,000 solar panels, which generate approximately 1.5 million kilowatt-hours of electricity per year. This has allowed CBC to reduce its reliance on fossil fuels and has helped the company to achieve its decarbonisation goals.
In addition to its efforts to reduce its carbon footprint, CBC has also been working to promote sustainability throughout its supply chain. The company has implemented a range of initiatives to reduce waste, increase recycling, and promote sustainable agriculture practices among its suppliers.
CBC has also been working to promote sustainable packaging, including the use of recycled materials and the development of more sustainable packaging designs. The company has set a goal to collect and recycle 100% of its packaging by 2030, and has been working with local communities to establish recycling programs and promote responsible waste management practices.
Overall, CBC is a leading example of a company that is committed to sustainability and is taking concrete steps to reduce its carbon footprint and promote renewable energy. Through its corporate energy strategy, corporate PPA agreements, and investment in renewable energy projects, CBC is helping to drive the transition towards a more sustainable and decarbonised future.