Supplier collaboration It ’ s not just their own sustainability they are interested in , with Coca-Cola HBC integrating sustainability criteria into tenders and contracts , starting with the Supplier Guiding Principles ( SGPs ) adding sustainability criteria and contractual terms to secure compliance and the Annual Supplier Review process . The company uses ESG audits and tools like EcoVadis to assess suppliers on ESG risks , Resilinc EventWatch for anticipating supply chain disruption and for ethical risk and financial stability they leverage , Exiger and Moody ’ s Analytics respectively . The core of the Supplier Sustainable Engagement programme moves well beyond risk screening and assessment activities .
“ As member of The Coca-Cola System and the Cross Enterprise Procurement Group ( CEPG ), we invest a lot of resources and place great effort to actively collaborate with our strategic suppliers across the board ,” Marinela adds .
“ Since the launch of the programme , we have scaled fast to cover multiple areas of sustainable collaboration : for agricultural ingredients we actively recruit ingredients suppliers under the Principles of Sustainable Agriculture ( PSA ) with the support and collaboration of established institutions such as Bonsucro , SAI / FSA and Viva to name a few .
“ On emissions we leveraged the expert knowledge of CDP
118 July 2024