Coca-Cola Hellenic has implemented a number of energy and greenhouse gas emission reduction programs throughout its operations. Energy use in bottling plants has been reduced by 18% since 2002, when we began monitoring energy use, and further improvements are continuously being implemented. In-plant bottle-blowing and, in some cases, the manufacturing of PET bottle preforms, result in considerable energy optimization. The installation of a tri-generation (combined heat, power and cooling) system in a Hungarian bottling plant has led to CO2 emission reductions of over 10,000 tons; total CO2 emissions from our bottling plants (from fuel and electricity use) amount to about 500,000 tons of CO2. Left: Tri-generation plant in Dunaharaszti, Hungary The trucks, vans and cars used to distribute our products consume about 75 million liters of fuel, resulting in CO2 emissions of about 200,000 tons. Fuel-efficiency improvement programs include route optimization, driver training and fleet maintenance. The carbon footprint of cooling equipment results mostly from its electricity use. This is being reduced by energy-saving devices installed on large coolers in many of our operations. New coolers are in development with reduced energy demands. CFC-containing coolers are in the final stage of being phased out and HFCs have been eliminated from foam insulation as of January 2006. At the Coca-Cola Hellenic group central offices, air travel is the main source of energy consumption with CO2 emissions estimated to be around 2,000 tons per year. The CO2 emissions of essential business flights are offset by the purchase of carbon credits. These credits are used for various energy efficiency and renewable energy carbon-offsetting projects.