top of page

The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

FoodBev Media Logo
Access more as a FoodBev subscriber

Sign up to FoodBev and unlock more insights from the international food and beverage industry. Subscribers have access to webinars, newsletters, publications and more...

Coca-Cola HBC invests €10m to establish new foundation
Rafaela Sousa

Rafaela Sousa

2 January 2024

Coca-Cola HBC invests €10m to establish new foundation

Coca-Cola HBC is investing €10 million to establish a new foundation dedicated to supporting communities in the areas where the company operates. The funds will be deposited in early 2024 and are expected to be further donated within the year, following the operating principles of the Coca-Cola HBC Foundation for robust governance. The company has prioritised areas for community support that are crucial across its various locations. These encompass relief in the event of natural disasters, human rights, diversity and inclusion, employee wellbeing and engagement, corporate citizenship, packaging and waste management, empowering youth and women, water stewardship initiatives, and economic impact. Zoran Bogdanovic, CEO of Coca-Cola HBC, said: “We recognise the important responsibility we have to the communities in which we operate. Through the socio-economic impact studies that we perform with The Coca-Cola Company, we also understand how our activities deliver sustainable impact to the local economy, helping communities and creating employment." “I am pleased to announce the launch of our new foundation, which builds on our long-standing tradition of community action led by our people. It brings clear focus to these critical efforts, and empowers us to make decisions quickly by taking action where it is needed most.”

Related posts
Coca-Cola revives Barrilitos brand amid demand for cultural heritage beverages
Beverage

Coca-Cola revives Barrilitos brand amid demand for cultural heritage beverages

Coca-Cola Consolidated invests $25m in West Memphis bottling facility
Funding & Investments

Coca-Cola Consolidated invests $25m in West Memphis bottling facility

The Coca-Cola System to invest a further $1bn in Nigeria
Funding & Investments

The Coca-Cola System to invest a further $1bn in Nigeria

Coca-Cola and Bacardi partner on RTD cocktail
Alcohol

Coca-Cola and Bacardi partner on RTD cocktail

Collaboration is king: The rise of food and beverage brand fusions
Beverage

Collaboration is king: The rise of food and beverage brand fusions

Coca-Cola and Oreo collaborate for limited-edition product launch in Canada
New products

Coca-Cola and Oreo collaborate for limited-edition product launch in Canada

bottom of page