Coca-Cola HBC raises €500m for sustainable projects in inaugural Green Bond issue

Zug, Switzerland – 22 September 2022 - Coca-Cola HBC Finance B.V. has successfully issued its first green bond driven by strong investor demand, raising €500m in support of its ambitious sustainability projects.

The net proceeds of the Green Bond will be allocated toward projects that meet the eligibility criteria outlined in the Group’s Green Finance Framework. They will accelerate progress of the company’s NetZeroby40 and Mission 2025 commitments, including: circularity, energy efficiency, water stewardship, biodiversity and community programmes, innovation in sustainable packaging, and support of sustainable agriculture and procurement.

This latest step is further evidence of Coca-Cola HBC’s determination to remain a leader in sustainability.

Commenting on the bond issue, Chief Financial Officer of Coca-Cola HBC, Ben Almanzar, said:“This milestone demonstrates that Sustainability is embedded in every aspect of our business, including our financing strategy. The issue of the Green Bond reinforces our position as Europe’s most sustainable beverage company. Most of all, it was made possible by the unmatched commitment of our teams to achieve net zero across our entire value chain by 2040.”

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ABOUT COCA-COLA HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We create value for all our stakeholders by supporting the socio-economic development of the communities in which we operate and we believe building a more positive environmental impact is integral to our future growth. Together, we and our customers serve 715 million consumers across a broad geographic footprint of 29 countries on three continents. Our portfolio is one of the strongest, broadest and most flexible in the beverage industry, offering consumer-leading beverage brands in the sparkling, juice, water, sport, energy, plant-based, ready-to-drink tea, coffee, adult sparkling and premium spirits categories. These beverages include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Costa, Valser, Romerquelle, Fanta, Sprite, Powerade, FuzeTea, Cappy, Monster and Adez. We foster an open and inclusive work environment amongst our 33,000 employees and we are ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good.

Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE:CCH) and is listed on the Athens Exchange (ATHEX:EEE). For more information, please visit https://www.coca-colahellenic.com.