Equatorial Coca-Cola

Bottling Company

ESG Report
2022
 3

E S G R E P ORT 2022
Table of Contents

01 Letter from the

Chairman & CEO
5

Welcome to ECCBC

02 Introduction
Figures
6
8
About us Our market 9
Our history 10
Our vision 12
Our values 14

03 Introduction
Cross-functional Governance
18
20
ESG Impact ESG Pillars 22
Strategy 2030 Packaging 24
Water 38
Climate 46
Communities 52
Sourcing 62
People 66

04 Introduction 74
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Projects 77
ESG Partnerships
& Collaborations

05 Gazelle
Integration Journey
83
85
Cross-cutting Digital Transformation 86
Projects
2
 5
Letter from the Chairman & CEO

E S G R E P ORT 2022
2022 was an eventful year, as the strategy has the goal of continuing
world grappled with the ongoing to create lasting value for our com-
COVID-19 pandemic; with organisa- munities and investing in a better
tions, governments and individuals future for Africa, by making sure
doing their best to learn from a year that ESG priorities are baked into
of collective experience living with our decision-making processes and
the virus. impact the choices our teams make
every day. We know that this is crit-
We are proud to say that Equatorial
ically important to the future of our
Coca-Cola has fared well in the face
communities, and by extension to
of these rapidly evolving challenges
our future as a business.
and that we have continued making

01
strides on our path towards becom- We would like to express our grat-
ing a more responsible, inclusive, itude to our whole team for the
diverse, and sustainable business. great work they have been doing
under trying circumstances. Our
Thanks to the efforts of our teams,
success in transferring our Group
we are a more resilient and agile

Welcome to
Head Office to Casablanca, despite
business today than ever before.
the challenges of the pandemic
Part of our improved capabilities
demonstrate not only our desire to
can be attributed to the heroic
being ever closer to our custom-
efforts of our people, who have ers, consumers, and stakeholders;
taken the considerable changes to

Equatorial
it also showcases brilliantly the
how we live and work in their stride adaptability and commitment of
and maintained the excellent service our teams.
to our customers and communities
We would like also to thank the
that sets our business apart.
team for their excellent manage-

Coca-Cola
2022 was also an significant year ment with the Algerian integration
for our journey towards becoming a and Morocco acquisition. Through
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

more responsible business. One of this, Equatorial Coca-Cola reaffirms

the most exciting milestones of the its commitment to Algeria, Moroc-
year was the definition of our new co and the African continent as a
ESG Impact Strategy for 2030. This whole.

Alfonso Líbano Daurella & Alfonso Bosch

Chairman CEO

4
 7

E S G R E P ORT 2022
We are the bottling partner of The
Coca-Cola Company across North
and West Africa, where our teams
produce, commercialize, and distrib-
utes the world’s most-loved brands
and a wide choice of high-quality
beverages including Coca-Cola,
Fanta, and Sprite.
Equatorial Coca-Cola’s (ECCBC)
story began in 1989 in Equatorial
Guinea, before expanding to other
countries including Guinea Cona-
kry, Mauritania, Cape Verde, Guinea

02
Bissau, and The Gambia. In 1997, EC-
CBC was re-founded as a Group to
serve as a platform for growth into
new territories like Ghana, Morocco,
and Algeria.

About us
Today ECCBC operates in 13 countries
in Africa, reaching over 160 million
consumers, serving more than 250,000
points of sale and achieving 1.9 billion
transactions per year.

In 2021, ECCBC achieved an impor-

tant milestone in its transformation-
al journey by completing the trans-
fer process of most of the Group’s
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

functions and management team

from Barcelona, Spain, to the new
Head Office located in Casablanca,
Morocco. This move demonstrated
Equatorial’s optimism about Africa’s
future and our commitment to be-
coming the leading bottling com-
pany in the continent, as well as our
willingness to playing an increasing-
ly active role in Africa’s social and
economic development.

6
 9
Our market

E S G R E P ORT 2022
+5,000 Employees

11
Bottling plants

44 Production lines

581 Turnover
(millions of euros)
&

23 Brands
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

1,9 Millions of
transactions

8
 11

E S G R E P ORT 2022
02 About us

Our history
2012
ECCBC reached 150
million unit cases (951
million liters).
1997 2022
ECCBC was founded, along Equatorial Coca-Cola
with the acquisitions in integrated East and
Ghana and Sierra Leone. West territories in
1989 Algeria and reached
Soon afterwards, Liberia
Operations were an agreement to
discontinued due to
and São Tomé were added
2005 2013 acquire Northern
to company’s growing
war, but they were footprint. 2004 ECCBC acquires ECCBC started the first Morocco.
restarted in 1989, with ECCBC acquires Fruital S.A., a Coca-Cola franchise in
just 6 employees and Ceris S.A., a Cape Coca-Cola bottler in South Sudan.
50,000 cases. Verdean brewery. central Algeria.

2000 2010 2020

Since
1951
The Daurella Family has 2002
maintained a remarkable, 2020
The first investments
long standing partnership are made in Morocco. Equatorial Coca-Cola
with Coca-Cola since 1951. The full number of establishes the group’s
Along the way, they acquired acquisitions in Morocco 2010 Head Office in Casablanca,
the rights to distribute Coca- are completed in 2005. ECCBC reached 100 Morocco.
Cola in Equatorial Guinea. million unit cases (570
1993-1996 million liters).
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

COBEGA’s African
business expanded to
new territories: Guinea
Conakry, Guinea Bissau,
Mauritania, Cape Verde
and the Gambia.

10
 13

E S G R E P ORT 2022
02 About us

Our
vision

To become the best

beverage company in
each of the countries
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

that we operate in and

a leading Coca-Cola
system bottler in Africa.

12
 15

E S G R E P ORT 2022
02 About us

Our
values
Diversity
As a leading company in
Africa with roots in a family
Accountability
business, we understand
We are accountable and the tough realities of the
transparent in everything we countries where we oper-
do. As responsible members ate and respect both their
of our communities, we think diversity and their heritage.
globally and act locally.

Passion

Excellence We share the hopes and as-

pirations of our local com-
Whilst our production, munities and we believe in
quality and execution are what we do. We have fun
consistently excellent, we at work and we are pas-
can adjust to the challenges sionate about refreshments,
of our markets with speed consumers, customers and
and agility. people.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

A winning team Sustainability

We are more than the sum We work together in

of our parts through trust, harmony with our commu-
collaboration and dedication. nities in order to preserve
We don’t just work hard, we the natural environment for
work smart. future generations.

14
 17

E S G R E P ORT 2022
ESG
IMPACT STRATEGY
2030
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Shared value, shared future

16
 19

E S G R E P ORT 2022
At Equatorial Coca-Cola, we have a
long history of partnering with our
communities to create long-term value
for our shared future.

Our vision is to become the best core business strategy. This reflects
beverage company in each of the our belief that our success is tied
countries that we operate in and the up with that of our local communi-
leading Coca-Cola system bottler in ties, and that when they thrive, so
Africa. We seek to do this not only do we. That is why, even though its
through the beverages we produce, scope is expanding, our strategy is
but by creating lasting value for our still guided by the UN’s Sustainable

03
communities and investing in a better Development Goals for 2030 and
future for Africa and for the world. Coca-Cola’s global targets for 2030.
That is why, at the end of 2020, In 2021, ECCBC carried out a Mate-
ECCBC decided to reinforce its riality Assessment to help form the
sustainability strategy to ensure that foundation of our new strategy. The
our business meets the evolving assessment used insights from our

ESG Impact
demands of its internal and exter- internal and external stakeholders
nal stakeholders and protects our to refine our ESG vision, define the
shared environment. pillars of our strategy and develop
the implementation roadmap.
The purpose of this new strategy is

Strategy
to create value for ECCBC by inte-
grating Environmental, Social and
Governance (ESG) issues into our

2030
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

As a result, our new strategy will be

based on 6 key pillars where ECCBC has
a significant role to play and can deliver
the most value. Each of the pillars has
been built with multiple commitments,
action plans and initiatives to achieve our
2030 Sustainability Goals.

18
 21

E S G R E P ORT 2022
03 ESG Impact Strategy 2030
at
ions
Cross-functional

Oper
ance
Governance

Fin
While building the basis of ECCBC’s
sustainability strategy, in 2021 we
created two governing bodies, a
high-level Steering Committee with
ExCo members and a Cross-Func-
tional Workgroup made up of repre-
ESG sentatives from all departments.

Cross-functional The goal of the Workgroup was to

co-create the strategy including all
Workgroup functional needs, and once the pri-
orities were clear, to project manage
the initiatives and to report progress
rc
me ia
made to date.

Com

l
This Workgroup is led by the Public
Affairs, Communications & Sus-
tainability Department, which is
in charge of monitoring, reporting
esour and integrating all the departments’
ce
an R

efforts and supporting the initiatives

s

to make sure that we contribute to

m

Hu
ss Uni building a better shared future.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Busine

Affairs
ts

e
rporat

Thanks to this, ECCBC has been able

to create a clear roadmap of initiatives
for each of the 6 pillars of our new ESG
Co

Impact Strategy 2030.

20
 23

E S G R E P ORT 2022
04 ESG Impact Strategy 2030

ESG Pillars
Preserve the value of our packaging materials and our
environment by increasing the reduction, reuse and
Packaging recycling of our packaging and ensuring that it does not end
up in our shared waterways or in the environment.

Maximize the value of our shared water resources by being

responsible of our use of water inside the business and by
Water helping our communities to access and better manage their
water resources.​

Preserve our shared environment by driving efficiencies and

Climate innovation, so that we create more value with less energy,
both in the business and in our communities.​

We will create lasting value for our communities by investing

in them and in their future, focusing on improving their
Communities health and livelihoods, and by investing in the employability
and skills of women and young people.​
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Make responsible decisions for our communities and our

Sourcing planet by supporting sustainable businesses across our value
chain, from the farm to the table.​

We will give equal value to all our people, providing them

People with the tools and opportunities to grow professionally and
eliminating barriers to their progress.​

22
 25
Goals

E S G R E P ORT 2022
Packaging Collect one bottle or can for
every one we sell by 2030.

We have a key role to play in protecting

the environment of the countries we Reduce primary & Re-design
serve. That is why, at ECCBC, we aim secondary packaging Improving the
to preserve the value of our packaging Reduce and optimize recyclability of our
total packaging used by packaging
materials and our environment by
2030
increasing the reduction, reuse and
recycling of our packaging and ensuring
that it does not end up in our shared Collection & Recycling
waterways or the environment. Collect packaging
equivalent to 100% of
packaging used in our
And since the Coca-Cola Company’s
operations
2018 announcement of the World
Without Waste program, recycling
has been the top priority in Equato-
rial Coca-Cola’s sustainability strate-
gy as we partner with them to fulfil Use at least 50% recycled material
its far-reaching commitments. in our packaging by 2030.
Equatorial Coca-Cola is working
with governments, industry partners
and NGOs to find a solution to the
growing menace of waste build-up. rPET use in our
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Our strategy will focus on 2 main packaging

goals composed of 5 action plans 50% recycled of materials
in 5 pilot countries; Algeria, Ghana, in all our primary
Morocco, Cape Verde and Guinea packaging by 2030
Conakry where 90% of our total PET
production takes place.
Advocacy
Accelerate rPET
regulations in all markets
where we produce

24
 27
Our Projects Our Projects

E S G R E P ORT 2022
Mogagreen

Morocco At the beginning of 2021, our local partners Let’s be clear campaign
obtained a grant from The Coca-Cola
Foundation (TCCF). Thanks to this, in
partnership with Ekogest, we have launched Morocco Last year, we launched our Let’s be clear!
the Mogagreen recycling project in the coastal campaign in Morocco to announce our new
city of Essaouira. Sprite bottle. Thanks to their new transparent
look, our Sprite bottles will be more
This project aims to support the city of recyclable, thus removing the need for them
13,717 Essaouira in a “ZERO waste in landfill” vision to be separated and recycled separately from
households visited by 2030 by creating a community of recyclers other plastic bottles.
(consumers, cafés, restaurants, retailers,
administrations, schools, etc.) trained and This project is working towards expanding to

4,298 incentivized to put selective sorting in place. other ECCBC territories in the near future.

households brifed/ The community will be connected to recyclers

touched through a digital solution and will be provided
services by network of franchised collectors.

25 Tn In addition to this, the project also aims to raise

waste collected awareness about the importance of selective
(tonnes) sorting and recycling.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

26
 29
Our Projects Our Projects

E S G R E P ORT 2022
IMPACT Lab

Morocco IMPACT Lab is a start-up accelerator working

to help African entrepreneurs to unleash
their innovative potential. One of their key
interventions in the start-up space is IMPACT
Camp, an annual bootcamp designed to
promote the emergence and development of
start-ups with high social or environmental
impact.
In the last edition in 2021, two members of
ECCBC formed part of the panel of judges who
selected the winner of the IMPACT Camp.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

GoReclaim

Ghana In 2021, Equatorial Coca-Cola invested EUR

40K in a Ghanaian recycling NGO, GoReclaim.
Thanks to this, the NGO was able to collect
225 Tn more than 200 tonnes in 2022.
collected (tonnes)

28
 31
Our Projects Our Projects

E S G R E P ORT 2022
25th Anniversary in Ghana

Ghana As part of the activities to commemorate GRIPE

the 25th anniversary of our plant in Accra,
ECCBC organized a waste collection exercise
in Teshie, in the Greater Accra Region. This Ghana In 2017, Equatorial Coca-Cola alongside
project was launched in collaboration with the another 7 private companies founded GRIPE,
Ledzokuku Municipal Assembly and SesA, a a private sector-led coalition to deal with the
plastic waste management organization. danger that plastic waste posed to Ghana’s
environment.
GRIPE leads multi-stakeholder collaboration by
5,758 Tn bringing together industry, government, NGOs
plastic waste and informal waste pickers to work together to
collected (tonnes) find local solutions to this global problem.
In 2022, GRIPE made significant efforts to
collect waste in the country. As a result, through
community clean-up campaigns GRIPE was
able to collect 5,758 tonnes of plastic waste.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

30
 33
Our Projects Our Projects

E S G R E P ORT 2022
Cap Challenge

Algeria Over the summer of 2020, our team in Algeria

led a plastic collection campaign called the
Algerian Cap Challenge.
Through this initiative, our employees and their
families worked together to collect bottle caps,
which were then sold to a local recycling plant.
The money obtained from the sale was used to
donate medical supplies to children suffering
from xeroderma pigmentosum, a genetic
disorder that results in a decreased ability to
repair DNA damage from UV light. As a result,
The different teams that
children suffering from this disease must avoid
any exposure to sunlight, either by staying participated have been
indoors or by wearing protective clothing and able to collect 6 tonnes
sunscreen when outdoors. of plastic caps since the
Due to its success our team relaunched it in first edition.
May 2022.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

32
 35
Our Projects Our Projects

E S G R E P ORT 2022
Beach Cleaning

Algeria In summer 2021 some volunteers from our Recycling Project

team initiated a beach cleaning event called
Together to protect our beaches at Kadous
beach in Algeria. Guinea Conakry Thanks to The Coca-Cola Foundation’s (TCCF)
support, we launched a recycling project in
Through to this program, we not only cleaned Conakry, Guinea, in 2021.
the beach but also raised awareness about the
importance of protecting the environment. In partnership with the Azahara Foundation,
RedSalmons, and Roots for Sustainability, this
Thanks to its success, this summer we ran project aims to develop a waste collection
a second edition in which 150 vounteers system in the city of Conakry by empowering
participated. the waste pickers through the creation of
cooperatives and including them in the
municipality’s waste system.
This project, which will directly benefit 600
waste pickers, expects to collect 864 tonnes of
PET in plastic waste per month by the time it
has been completed.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

34
 37
Our Projects Our Projects

E S G R E P ORT 2022
rPET Manual & Best Practices

In 2021, Equatorial Coca-Cola took part in the

Coca-Cola Worldwide workshop to create and
implement a World Without Waste catalogue
with Best Practices
This catalogue has been distributed to all
business associates and, this year, an interactive
rPET manual was also released with examples
for the implementing practices for experts and
beginners in the rPET field.

Lightweighting

One of our key initiatives is to reduce the use of

EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

plastic in our packaging.

Through lightweighting, we have been
reducing the PET content in our bottles while
maintaining as much as possible high-quality
standards.
1,456 Tn Thanks to this, last year we were able to
reduced (tonnes) reduce PET content 1,456 tonnes, which
represents 3.7% of total preforms sourced.

36
 39
Goals

E S G R E P ORT 2022
Water
The beverage and bottling industries Improve water use efficiency by
depend on water for their production. 20% by 2030
Therefore, as part of these sectors,
the effects of climate change on these
important resources are of significant
Water efficiency
concern for us. projects
Continue optimization of
For this reason, under our our operational processes
ESG Impact Strategy, we have to reach 1,2L/L beverage
committed to maximize the value in all our plants.
of our shared water resources by
being responsible in our used of
water inside the business and by
helping our communities to access
and better manage their water
100% local replenishment of water
resources.
used in our beverages by 2030
We aim to do this through two main
goals for 2030 which will be driven
by three different action plans:
Access to clean water
Facilitate access to safe
and drinkable water to the
communities around us.
EQUATORI AL COCA-COLA BOTTLING COMPANY
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Water Treatment Plants

Leverage our WWTP to
recycle and reuse water
whenever possible, to give
back treated water to local
communities

38
 41
Our Projects Our Projects

E S G R E P ORT 2022
PNUD Project

Algeria In order to support the country after the

devastation of the fires during the summer of
2021, ECCBC, in partnership with The Coca-Cola
Company and United Nations Development
Programme (UNDP), is carrying out a project
that aims to drive torrential correction works
in the region of Bouira in order to limit the
Through this damage linked to floods and to set up dams
project we aim and water reservoirs in order to retain the
to impact: flows and limit their destructive effect on
ecosystems.

13,000
beneficiaries

201,240.6 M3
replenished water
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

40
 43
Our Projects Our Projects

E S G R E P ORT 2022
WasteWater Treatment
Plants

Morocco In order to pursue our goals to improve

water use efficiency and use 100% local
Algeria
replenishment of water in our beverages
Ghana by 2030 and preserve the watershed we
conducted a feasibility study to further reuse
our treated effluent.

Water Efficiency
Catalogue

In 2021, as part of the Coca-Cola worldwide

workshop, ECCBC alongside our Coca-Cola
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

System partners, developed a Water Maturity

Matrix tool to be able to evaluate the degree
of maturity when using our water resources.
In this workshop, we also create a Water
targeting estimator. This tool allows us to set
targets using science-based data versus the
industry standards.

42
 45
Our Projects Our Projects

E S G R E P ORT 2022
RAIN Project
Millions of people across the world lack access
to safe drinking water and to major sanitation
infrastructures. This issue is particularly stark in
Africa, and in response, we have joined hands
with our partners to improve access to water
and build sanitation infrastructures across our
territories. The results of
this project are To date, through 23 projects
One of the projects that Equatorial Coca-Cola across nine of Equatorial
as follows:
has invested in is the Coca-Cola Foundation’s Coca-Cola’s countries and
Replenish Africa Initiative (RAIN), which aimed 1,029 communities, RAIN has
to improve access to clean water for 6 million reached:
people in Africa by 2020. Through RAIN, 572,498 people
we have invested in water infrastructures, in
With improved water access,
order to bring clean water closer to at-risk
sanitation and hygiene (WASH)
populations. Even though the project formally
ended in 2020, some initiatives were ongoing
throughout 2021.
118,631 women and youth
Empowered and helped to improve
the management of 1,177 hectares
of land

2,139 ML of water
Returned per year to communities
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

and nature

17,660 people
In 2021, two projects were
completed in Algeria (UNDP) and
Sierra Leone (CRS) to reach 17,660
people, benefit 9,796 women
and youth, and improve the
management of 6 hectares of land
in these two countries.

44
 47
Goals

E S G R E P ORT 2022
Climate Improve energy efficiency
by 25% by 2030

Equatorial Coca-Cola is working hard

to reduce the emissions generated by Coolers
our activities; from our manufacturing Reduce the total energy consumed
processes and packaging formats to our by testing and expanding solar
refrigeration within our park and
distribution fleet.
replacing old coolers by low
consumption ones.

To this end, under our Climate pillar

from our ESG Impact Strategy 2030,
Renewable Energy
we have committed to preserving
our shared environment by driving Install, where feasible, solar
efficiencies and innovation, so that sources for energy and study
we create more value with less alternative renewable sources.
energy, both in the business and in
our communities.
To do so, for 2030 we will work to
achieve our two main goals through Reduce the carbon footprint of
4 different action plans: our transport by 25% by 2030
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Electric & Hybrid Fleet

Where available in each
market, create a feasibility
study for electric alternatives
to our fleet.

Carbon Footprint
Roadmap
Define and implement a
carbon transition plan.

46
 49
Our Projects Our Projects

E S G R E P ORT 2022
Solar Cooler Pilot

Ghana ECCBC has started a pilot project in Ghana to

fit solar coolers at different points of sale in
order to reduce energy consumption.
This action consists of testing and expanding
solar refrigeration across plants to replace old
coolers and reduce the total energy consumed.
This measure contributes not only to ECCBC’s
Climate targets but also to a number of UN
Sustainable Development Goals:

Leveraging sustainable technology

to increase ECCBC’s topline, thus
ensuring profitability across all geographies

Sustainable technology development

and management, to make renewables a
thing of the future​

Operating at the cutting edge of

EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

the Coca-Cola system sustainability

journey, as a leader on the African continent​

Decreasing ECCBC’s carbon emissions,

thereby abiding by the 2030 Sustainable
Development Goals

Supporting economic development in

communities, by providing off-grid points
of sale and access to technology

48
 51
Our Projects Our Projects

E S G R E P ORT 2022
ECCBC Carbon
Roadmap
In the first quarter of 2022, ECCBC undertook
a decisive journey to study the company’s
carbon footprint, including all 3 scopes, and
design the first roadmap to reduce its carbon
emissions, advised by PwC United Kingdom.
Thanks to this, at Group level we have been able
to define our opportunities and challenges to
meet our carbon reduction goals and we have
started a second phase of the study to define
the specific roadmaps and carbon offsets for
each of our business units.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Energy Management
Catalogue
In addition to the Packaging and Water, as part
of the Coca-Cola Global Environment Council,
we created the tools needed to set the targets
for improving our energy efficiency using
science-based data versus industry standards.

50
 53
Goals

E S G R E P ORT 2022
Communities Have a positive impact on the
lives of 1 million people by 2030

At Equatorial Coca-Cola, we know that

our success is tied up with that of our Water
local communities and that when they Deliver water projects that
thrive, so do we. positively impact people
by improving water access,
water use and water quality
That is why, we are committed in our communities
to create lasting value for our
communities, with a special focus Education, job skills and
on women and the youth, by equal opportunities
investing in them and in their future
Provide critical skills
by improving their health and
training, mentorships
livelihoods, and by cultivating their
and access to economic
employability and skills.
opportunities for women
To do so, we will work to achieve and the youth by 2030.
our 2 main goals which will be
driven by 5 action plans:
Health
Deliver health projects that
positively impact people
with a specific focus on the
welfare of women and the
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

youth.

Recycling
Positively impact
communities by
encouraging the expansion
of the circular economy in
our territories.

52
 55
Our Projects Our Projects

E S G R E P ORT 2022
Let Your Eyes Enjoy!

Cataracts are the most common

cause of blindness globally,
causing half of blindness and
a third of visual impairment
worldwide. Cataracts are treatable,
but many of our communities face Our results
technological or economic barriers since 2014:
that prevent people in need of
treatment from accessing it.
Through the Let Your Eyes Enjoy! 3,274 cataract surgeries
partnership, we provide cataract
surgeries and prescription glasses
free of charge to members of
3,436

Projects
glasses donated
our communities who otherwise
would not have access to them.
The expeditions planned for 2020 8,638 people impacted
and 2021 were postponed due
to the pandemic, but in 2022
we did two new expeditions in
Morocco and Cape Verde two new This project is carried out in
expeditions planned in Morocco partnership with two Spanish
and Cape Verde. visual health foundations:
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Fundación Elena Barraquer, which

provides free cataract surgeries
to people facing economic and
technological barriers to treatment
all around the world; and

Fundación Cione Ruta de la Luz,

which provides free eye checks,
then produces and donates
prescription glasses to people in
need

54
 57
Our Projects Our Projects

E S G R E P ORT 2022
RAIN

One of the requirements for projects Dar L’Ftour

sponsored by the RAIN program is that
they empower women and youth in the
Morocco Every year during Ramadan, ECCBC and The
communities where the project is deployed.
Coca-Cola Company join hands to distribute
This is because when families must travel long
thousands of ftours – the evening meal that
distances to get clean drinking water, women
breaks the daily fast during the holy month of
and children are disproportionately affected.
Ramadan. The goal is to make sure that the ftour
remains a time of happiness and togetherness
Our results:
for families in need during this important time.
This year, we launched our 18th edition during
which we positively impacted more than
572,498 people 40,000 people during this month of fasting
and praying.

Projects
have been impacted by improved
water access, sanitation and
hygiene (WASH),

118,631 women and youth

Empowered and helped to
improve the management of 1,177
hectares of land

17,660 people
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

In 2021, two projects were

completed in Algeria (UNDP) and
Sierra Leone (CRS) to reach 17,660 Ramadan Donation
people, benefit 9,796 women
and youth, and improve the
Algeria This year we ran our first Ramadan project in
management of 6 hectares of land
Algeria.
in these two countries.
In collaboration with the DZ People Association,
we carried out Operation Iftar in order to sup-
port the kids at the Parnet Hospital in Algiers.

56
 59
Our Projects Our Projects

E S G R E P ORT 2022
Covid-19 Private Sector
Fund
Project Last Mile
Ghana In 2020, in order to support Ghana in its fight
against Covid-19 and its consequences, our Sierra Leone In partnership with The Coca-Cola Company,
team started the Open Like Never Before the Bill and Melinda Gates Foundation,
campaign to donate 10 pesewas for every 1.5L Ghana
and USAID, we leverage our supply chain
bottle of Coca-Cola, Fanta and Sprite sold to capabilities to build up governments’ ability to
the Covid-19 Private Sector Fund. deliver medical supplies to areas where they
Thanks to its great success, we continued this are currently unable to reach. This project
campaign during 2021 and 2022 and we now continued in Sierra Leone throughout 2021.
have made our fifth donation, which brings our In addition, PLM also started in Ghana under
overall contribution to over GH¢ 1 million! the framework of the health enterprise
development, which aims to provide technical

Projects
assistance to social enterprises focused on
improving the access to and availability of
family planning products.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

58
 61
Our Projects Our Projects

E S G R E P ORT 2022
Clarós Foundation Expedition

Cape Verde This year we held the first Clarós Foundation

expedition in Cape Verde, in the Dr. Agostinho
Neto Hospital of Praia.
Thanks to
The Clarós Foundation is a non-profit this, the team
organization whose aims are humanitarian, performed:
educational and research, in the field of
otorhinolaryngology and face, head and neck
surgery.
23 surgeries
Through this collaboration, the medical team
has been able to perform maxillofacial surgeries
in the Cape Verdean community that needed
special medical interventions.
83 medical consultations

Projects
103 people positively
impacted
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

60
 63
Goals

E S G R E P ORT 2022
Sourcing
Source 100% of our agricultural
ingredients from sustainable
Our drinks depend on a sustainable sources by 2030
supply of high-quality agricultural
ingredients – including sugar beet and
sugarcane, fruit juices and malt. We
Sustainable sourcing
also believe that sustainable agriculture
Mapping of current
offers solutions to interrelated issues sustainable sources
such as water security, climate resilience availability.
or greenhouse gas (GHG) emissions.
Sourcing from local
producers
This is why, for ECCBC, as in
many parts of the world, farming Study by market to
and agriculture are significantly set up specific targets
important. to develop country by
country producers.
As a key consumer of these
ingredients, we have a responsibility
to hold ourselves and our suppliers
to the highest sourcing standards.
For this reason, as part of our ESG
Impact Strategy, we have committed
to making responsible decisions for
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

our communities and our planet

by supporting sustainable business
across our value chain, from the farm
to the table.
To do so, we will work to achieve
our main goal for 2030 through 2
different action plans:

62
 65
Our Projects Our Projects

E S G R E P ORT 2022
VIVE Programme

In 2020, Equatorial Coca-Cola joined this

voluntary program with the aim of obtaining
all of our raw materials from sustainable
sources.
VIVE is a voluntary, continuous improvement
sustainability program for ingredient supply
chains, covering all operations and activities
through to end users that have a bearing on
sustainability. The program consists of five
modules that, in combination, cover all the
operations and activities that contribute to
the sustainability of ingredients supplied. In
addition to this, the companies involved need to
confirm that none of their agricultural suppliers
convert or damage land with high biodiversity
value.
By joining Buyers Supporting VIVE, we
have demonstrated our commitment to
responsibly sourcing sustainable ingredients
and implementing traceability throughout our
supply chain, from farms to our seven bottling
plants. None of our bottling plants are located
in protected areas, so our main contribution
to biodiversity will come through projects that
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

evaluate and mitigate our impact throughout

our value chain, such as VIVE.

64
 67
Goals

E S G R E P ORT 2022
People To increase female presence
across the Company by 2030

One of the pillars of our ESG Impact

Strategy 2030 is focused on our Higher presence of Continue building a
people, especially on women and youth. female employees Diverse and inclusive
Increase in female em- environment
Through it we have committed to giving
ployees by 2030 through Train 100% of managers
equal value to all our people, providing
talent acquisition and in D&I by 2030.
them with the tools and opportunities retirement plans. Achieve 85% engage-
to grow professionally and eliminating ment rate for D&I in the
barriers to their progress. Higher ratio of women Global People Survey by
in Managerial roles 2030.
To do so, we will work to achieve
our two goals through 5 different
action plans:

To promote talent among young

people and increase youth rate
inside the company by 2030

Create opportunities Recruiting talent un-

for youth der 30 years old
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Implement Global
Graduate Program across
the Company and in all
functions to have an
intake of young talent
under 30 years old.
Strategic Employer Value
Proposition with focus on
young talent to attract
new generations.

66
 69
Our Projects Our Projects

E S G R E P ORT 2022
Dive-In

Diversity is one of Equatorial Coca-Cola’s Business Intelligence & Data

values, and we work hard to ensure that our
policies and processes promote the equal
Analytics Academy
treatment and equal opportunities for all
employees, regardless of who they are. At ECCBC, we are proud to partner with top
We are continuing with our four-year strategic universities in Morocco to find and attract
Diversity & Inclusion (D&I) plan and trained young and diverse talent.
our employees in both diversity and inclusion After the success of the first edition of our Data
matters. As an example, since the beginning of Science and Business Intelligence Academy, this
2022, we have increase the female presence in year, we launched a second one.
our sale force and production lines.
Under this framework, we give the opportunity
In addition to the above, our management to university students to join our team as data
team in Algeria participated in a new edition science and business intelligence interns.
of our global Inclusive Leadership Executive
Programme to promote the continious
development of our employees and equip them
for their journey towards leadership excellence.
We have also celebrated several key D&I
international days such as International
Women’s Day, International D&I, etc.
In 2021, our efforts in D&I were recognized by us
being appointed as Silver Winner in the EMEA
Award 2021 Inspiring Workplaces in the category
of Inspiring Diversity & Inclusion Award.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

68
 71
Our Projects Our Projects

E S G R E P ORT 2022
Cross-mentoring Programme
Empowering Women Talent
ECCBC Leadership
In 2022, ECCBC joined the first edition of the
Cross-Mentoring program from Equipos & eMeeting
Talentos with the objective of continuing to This year, at ECCBC, we have created a hole
develop female talent and leadership through metaverse world to meet all the leadership
the exchange of knowledge and experiences team together at our first Leaders eMeeting.
to improve skills, abilities, and competencies.
Through this ECCBC world, employees were
Under this program, three mentees and three able to attend the different presentations
mentors from ECCBC were selected to have from the company’s CEO, Directors, key
the opportunity to learn and share experiences people from the different areas, The Coca-
with other mentors and mentees from other Cola Company and other inspiring guest
companies who have also joined the program. speakers. They find out all about the future
plans and key aspects of ECCBC for the next
years. In addition, people were able to navigate,
interact, play, meet with colleagues and were
able to engage themselves in ESG, Diversity
& Inclusion, change mindset and much more
across different pavilions, including virtual
market visits to Morocco, Algeria, Ghana,
Talent Development Guinea Conakry and Cape Verde.
Also, each of the attendees was surprised with
Our talent is key to our success and when our a box with inspiring elements to make a real
people learn and grow, our business gains experience that helps leaders to write together
new capabilities that can help it to thrive. a great future for our company.
We seek to be a key partner in our people’s
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

professional growth and career development

by providing various learning opportunities,
from formal training to on-the-job training.
At Equatorial Coca-Cola, we believe that great
minds never stop learning. That is why, during
the past year hundreds of our people received
more than 46,000 hours of training.
Through this initiative, our people can keep
learning and expanding their knowledge and
skills, to help them achieve their goals.

70
 73
Our Projects Our Projects

E S G R E P ORT 2022
Covid-19 Response

At Equatorial Coca-Cola, health and safety In order to manage and report efficiently, we
have always been strategic priorities of established a Crisis Cabinet that was replicated
the business. For this reason, since the at Group and Business Unit levels. These groups
beginning of the pandemic in 2020, we have were tasked with monitoring the evolution
implemented and updated, when needed, of the pandemic, taking all the necessary
protocols to minimize potential exposure actions to keep our people and their families
and boost hygiene in all of our premises and safe from the virus, and ensuring business
distribution channels; whilst guaranteeing the continuity given the measures and restrictions
continuity of our operations and service to our implemented in the countries where we
customers and consumers. operate.

Through our Human Resources and our

Quality, Operational Safety and Health (QOSH)
departments we sought to develop new ways of Thanks to all these efforts, this year,
working and created bespoke solutions for each we were awarded the Communitas
country and job position. Award in the category of leadership
in community service and corporate
responsibility, and also recognized by
the Stevie Award as bronze winners
in the category of most exemplary
employer for our response to the
Covid-19 pandemic.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

72
 75

E S G R E P ORT 2022
04
ESG
At Equatorial Coca-Cola, we are aware that
the UN’s SDGs are ambitious and to achieve
them will require companies, governments,
civil society and communities to work

Partnerships together.
That is why we work with internal and external
stakeholders to accelerate and increase as the

& Collabora-
impact of our projects and efforts as much as
possibly can.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

tions
74
 77
Partnerships & Collaborations Partnerships & Collaborations

E S G R E P ORT 2022
ThirdWay Partners

In 2020, ECCBC entered into partnership

with ThirdWay Partners (TWP), a consultancy
firm that helps companies across the world
to advance their sustainability efforts while
adding value to the business.
Since it started its new ESG ambitious journey,
Equatorial Coca-Cola has been working closely
with them to implement and advance the
new sustainability commitments across the
company, as well as identifying how to measure
the added value for its business.
Throughout this collaboration, TWP has
supported ECCBC in the implementation of the
6 Development Partnership Initiatives that are
focused on cross-cutting projects, packaging,
water, climate, sourcing and communities.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

76
 79
Partnerships & Collaborations Partnerships & Collaborations

E S G R E P ORT 2022
UNCTAD & FBN

The UN’s SDGs are ambitious and ECCBC

knows that achieving them will require
companies, governments, civil society and
communities to work together.
In this sense, increased transparency from
companies is key to facilitating these
collaborations. When companies are
transparent about how their business impacts
their communities and the planet, it is easier to
work towards finding solutions to making that
impact overwhelmingly positive.
In 2020, ECCBC demonstrated this belief
by taking part in a worldwide case study
carried out by the United Nations Conference
On Trade and Development (UNCTAD) in
partnership with the Family Business Network
(FBN). The study aimed to investigate the
extent to which family businesses have adopted
transparent and comparable measures of their
contribution to the Sustainable Development
Goals (SDGs).
ECCBC continued this launch partnership
in 2021 by being part of the Launch of the
Family Business Development Sustainability
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

Indicators Platform hosted by the World

Investment Forum. ECCBC’s Chairman played
a major role in the platform’s official launch and
the company took part in the panel discussion
that was part of the event.

78
 81
Partnerships & Collaborations Partnerships & Collaborations

E S G R E P ORT 2022
Veolia & RePatrn

In 2021, we entered into a partnership with Ellen MacArthur Foundation

Veolia, a multinational company focused on
community
ecological transformation, and rePATRN,
a Ghanaian waste collection company, to
develop a bottle-to-bottle system in the This year, ECCBC joined the Ellen MacArthur
country. This partnership will build a compelling Foundation community.
business case for an investment in a recycling
Thanks to being part of this community, we
plant producing hot washed flakes and food
will work together to accelerate the global
grade rPET pellets.
transition to a circular economy and make a
better and more sustainable future.

Power Africa partnership

In 2021, we entered into partnership with Power

Africa, a US Government institution. Through it,
ECCBC plans to collaborate to improve energy
access and refrigeration across sub-Saharan
Africa.
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

80
 83
Cross-cutting Projects

E S G R E P ORT 2022
Gazelle
In 2021, Gazelle made good progress
towards its goal: transforming Equatorial
Coca-Cola, making it leaner, more efficient
and ultimately, more competitive. Almost
3 years have happened since we gave the
first step of this important global and cross-
functional project, where we have been able to
overcome a pandemic and take fast decisions in
complicated times.
Today, thanks to Equatorial Coca-Cola Board

05
of Directors’ permanent sponsorship, Business
Units and Work Stream Leads coordination,
Initiative owners’ work, and all leaders that have
contributed to this project, we have been able
to transform ourselves and be now more close
to our vision to become the leading Coca-Cola

Cross-
In 2021, we system bottler in Africa.
have been able
to achieve:

cutting
A new operating model running
the basis for a more agile and lean
organization more adapted to
business needs from a decentralized
to a functionalized model

Projects
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

More than 100 concrete

initiatives in place

More than 1.000 hours of

training

A permanent communication
and feedback

To uncover great talent

82
 85
Our Projects Cross-cutting Projects

E S G R E P ORT 2022
Integration Journey

Algeria In 2022, Equatorial Coca-Cola and Castel

Group undertook an integration journey in
Algeria to create a unified soft drink market
leader, being ECCBC the majority owner,
which will serve over 87,000 points of sale.
Through this, we have been able to combine our
capabilities and expertise to drive performance
across a consolidated beverage platform to
serve the Algerian market more effectively
and efficiently, driving value for the Coca-Cola
System’s key stakeholders including consumers,
customers and suppliers. On the other hand,
this integration reaffirms our commitment to
Algeria and the African continent as a whole.

Morocco Equatorial Coca-Cola Bottling Company

(ECCBC) has acquired the Tangier-based
bottler Atlas Bottling Company (ABC),
expanding its Moroccan soft drinks business
EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

over the country. With this acquisition, ECCBC

becomes the largest bottler in Morocco.
In this new phase, ECCBC will continue to
manage the business across a consolidated
beverage platform to serve the Moroccan
market effectively and efficiently, adapting
the company structure to the challenges that
the market has to face and to respond to the
evolving needs of its customers.

84
 87
Cross-cutting Projects Cross-cutting Projects

E S G R E P ORT 2022
Digital Transformation

In the last couple of years, we have seen that

the world is evolving with new consumer
profiles, workstyles and methodologies, a
disruption that is also happening in ECCBC
markets.
That is why at Equatorial Coca-Cola, we have
entered into a Transformation Journey in a
Digital Environment. Through this, we envision
transforming the company business model Our Digital
towards a “Platformization solution” where we Transformation Give speed and focus to the
will be more integrated with our clients, more goals: organization
competitive than we are today, and ready to
transform our business with future trends.
To do so, the digitalization of the company will Engage the business to
be one of the key factors and, together, we will generate new transformation
build a ECCBC Digital Hub aimed to manage initiatives
the business optimization and transformation,
as well as the Digital Academy, which will
provide training to ECCBC leaders and teams. Guide and support in both the
design and implementation of the
transformation

Arrange, facilitate, drive and

EQUATORIAL CO CA-COLA BOTTLI NG COM PANY

monitor KPIs

86
89

E S G R E P ORT 2022
88
EQUATORI AL COCA-COLA BOTTLING COMPANY
www.eccbc.com