| Focus Area: |
Climate Change: Business Opportunity, Business Challenge |
| Project: |
Green Power Purchase Commitment |
| Commitment By: |
The Coca-Cola Company |
| Partners: |
U.S. EPA Green Power Partnership, Green Strategies, 3 Phases Energy Services |
| Value: |
6 Million Kilowatt-hours per year of renewable energy certificates Estimated Possible Greenhouse Gas Savings: 5,000 metric tons of CO2 equivalent |
Objective: To support and promote cost-effective renewable power generation in the U.S.
Commitment: The Coca-Cola Company will offset 2% of the electricity consumption of its entire owned/operated manufacturing operations in the US, Canada and Puerto Rico with Green-e certified renewable energy certificates from wind energy sources.
Background: The Coca-Cola Company recognizes the interrelationship between energy, the environment and corporate social responsibility. Our purchase of green power is consistent with our overall commitment to conduct our business in ways that protect and preserve the environment. For more information on our environmental stewardship efforts, please see
Coca Cola's environmental report.
| Point of Contact: |
Bryan Jacob, Environmental Technologies Manager, The Coca-Cola Company Coca-Cola |
| Geographic Scope: |
USA, Canada and Puerto Rico |
| Anticipated Launch Date: |
September 16, 2005 |
| Anticipated Duration: |
2005, then annually |
Update:
November 2005:
We have fulfilled our 2005 commitment made at the Clinton Global Initiative. We formalized the expansion of our membership in the U.S. EPA Green Power Partnership, expanding it from one facility to all of our Company-owned manufacturing operations in North America. We contracted with 3 Phases Energy Services to purchase 6,000 Megawatt hours (MWh) of renewable energy certificates (RECs or "green tags") from green-e certified wind power sources. Additionally, we have discussed our Green Power Partnership with two key bottling partners and we envision promotion of this concept through our Coca-Cola Environment Council.