Despite the pandemic, Coca-Cola steadily poured in investments of $158 million (about P7.5 billion) –an initial $63 million for 2021 and $95 million in 2020– in the Philippines in various projects that will ensure the highest standards of safety, quality, and sustainability.
Coca-Cola Beverages Philippines, Inc. (CCBPI), the bottling arm of Coca-Cola in the country, yesterday said it has achieved another sustainability milestone in the first quarter of 2021 for completing the installation of almost 14,000 solar panels in its Davao del Sur, Misamis Oriental, and Bacolod plants.
Another 24,000 are underway in Canlubang, Sta. Rosa, Zamboanga, and Cebu which upon completion in 2022 will have a total capacity to produce a maximum of 9.4 megawatts.
Two plants in North Luzon and the Visayas are being assessed for renewable energy (RE) integration.
The company’s two mega plants, Canlubang and Sta. Rosa, were the first to utilize RE in 2018. All of Coca-Cola’s manufacturing sites that are viable to be converted to 100 percent RE have been transitioned to use clean energy: Sta. Rosa, Canlubang, Ilocos, (Calasiao) Pangasinan, Cebu, San Fernando in Pampanga, and Meycauayan.
CCBPI has adopted the Cleaner Energy 2.0 initiative–a roadmap toward becoming a leader in clean energy use and energy use ratio in Southeast Asia by 2023.
To date, as much as 65 percent of Coca-Cola’s total energy consumption is sourced from renewable and clean energy, which are geothermal, solar, and biomass resources.
