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We also value the importance of our suppliers, distributors, retail associates, The Coca‑Cola Company as a brand owner and all our other partners in the value chain.
Through the socio-economic impact studies which we perform in each of our markets together with The Coca‑Cola Company, we understand how our activities benefit economies and societies and our total contribution is to the domestic economy, local communities and employment.
Based on the local SEIS reports from our markets, we performed an aggregation (i.e. simple addition). Furthermore, we included sustainability KPIs and the overall CCHBC footprint, data as reported in the 2024 IAR.
For the local SEIS reports, we utilise the input-output model, which follows the financials of the System as they flow through the economy, creating ripple effects across various sectors. The input data utilised are our financial data (revenues, expenses, taxes, sales volume and profits) as well as some further data from The CocaCola Company.
We do not conduct socio-economic studies for all of our markets every year; studies are conducted for each market on a rolling bases.
In 2024, we updated the studies for 18 markets, adding this information to the aggregate results from all socio-economic impact studies for the period 2018-2024.
The input-out model enables an assessment of three key dimensions of impact:
• Direct: immediate effect in terms of employment, wages and output
• Indirect: subsequent effect in the supply chain
• Induced: effect caused by staff spend on goods or service
Notes on methodology:
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