Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 841526196
iStock 841526196

Coca-Cola Europacific Partners selects Risilience for climate-analytics services


CAMBRIDGE, UK: 28th June 2022: Coca-Cola Europacific Partners (CCEP) has partnered with Risilience, the leading climate-analytics company, to support its ambition to reach net zero by 2040, and reduce greenhouse-gas (GHG) emissions across its value chain by 30 per cent by 2030 – versus 2019.

As part of CCEP’s broader climate strategy, the partnership will enable the leading consumer goods company to further understand climate-related risks, the impact of those risks on the business and support its TCFD disclosure.

The partnership will see CCEP use the Risilience SaaS platform to identify and understand short-term transition risks; including legislation change and consumer sentiment, and long-term physical risks – aligning this output with its wider enterprise commitments.

CCEP will use methodology and scenarios from Risilience’s academic partner, the Centre for Risk Studies at the University of Cambriudge Judge Business School, to ensure that climate risk and opportunity assessment fits into the corporate ERM framework – a key requirement of the TCFD.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Joerg Osterloh, Head of Enterprise Risk Management, CCEP, said: ‘We have made important progress towards our net zero ambition, already reducing greenhouse-gas emissions by 30 per cent since 2010.

‘Working with Risilience and leveraging the models generated by the platform is a big step forward in our risk and sustainability strategies. Our work with Risilience will allow us to assess the impact that climate is having on our business and the impact of our business on climate. As we move forward with our emissions-reduction targets this insight will be of great value.’

Andrew Coburn, CEO, Risilience, added: ‘We are very excited to partner with CCEP on its risk and climate strategies.

‘CCEP has made significant progress to date. We look forward to delivering actionable data and insights, through our platform, that will help the team to understand climate and the wider risks, and positively impact both in the short term.’


Recent Post: