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Coca-Cola İçecek Publishes 2023 Integrated Annual Report in Four Languages

Coca-Cola İçecek (CCI) published its "2023 Integrated Annual Report" with the theme "Take a Closer Look". The report includes CCI’s financial and non-financial performance for 2023 and the entirety of the report is available in four languages.

Following the release of its Turkish report in March, Coca-Cola İçecek (CCI) has now published its 2023 Integrated Annual Report in four languages: English, Arabic, Russian, and Turkish, covering operations across 12 countries. 

Building the report theme on "Take A Closer Look," CCI’s Fourth Integrated Report offers stakeholders a detailed review of its financial and operational results, forward looking business objectives and plans,  as well as CCI’s sustainability approach and commitments.  
Coca-Cola İçecek CEO Karim Yahi stated, "Last year, we faced numerous challenges due to natural disasters, economic difficulties, and political unrest in our operating regions. However, the strength of our business model helped us overcome these challenges. By integrating financial, operational, and sustainability principles into our daily workflow, we have taken significant steps forward. This report is an excellent source for those who want to ‘Take A Closer Look' at all our operations. Our report not only highlights our achievements but also identifies areas of improvement, guiding us for the upcoming year."

Increase in rPET Usage, Decrease in Water Efficiency, and acceleration in Renewable Energy Projects 
The report, which showcases CCI's strengths from financial results to credit ratings and awards received, also highlights significant environmental initiatives. CCI CEO Karim Yahi said: "In 2023, we used recycled PET (rPET) for the first time in Kazakhstan and Uzbekistan. As a prerequisite of the Sustainability-Linked Bond we issued in 2022, we improved our water usage rates by 3% in line with our targets. We accelerated water replenishment projects in Bursa and Çorlu in Türkiye, Lahore in Pakistan, and Madaba in Jordan. In Pakistan, we installed solar panels in KPGF and Multan. In Türkiye, we installed solar panels in Isparta and Köyceğiz, and a wind turbine in Çorlu. By the end of 2023, we increased our capacity to approximately 11 MW, achieving an 8% annual green energy usage rate. We have also mapped out our emissions strategy in line with our commitment to reduce direct and indirect emissions by 2030."

 A role model with Equal Pay Certification
The report also concentrates on the social pillar of CCI’s 2030 Sustainability Commitments. Pointing out the diversity and inclusion initiatives in the company, Yahi continued as follows: "The 'Equal Pay Certificate' received from the Equal Pay Foundation proves that CCI applies equal pay and equal opportunities for women and men globally. I’m proud to say that we are the first bottling company in the world to receive this certification. In addition, in 2023, we focused on expanding the women’s talent pool for recruitment. We extended the 'Proud Hundreds' Program, dedicated to the 100th anniversary of the Republic of Türkiye to other CCI countries. Program details covered in the integrated report, aims to increase women employment ratios in new hires and manager above positions by 2030. As a result of all these efforts and our focus on employment policy, we succeeded in increasing the number of female employees in our company by 5% in 2023. "

The report is prepared in compliance with GRI and International Integrated Reporting Framework
CCI's 2023 Integrated Annual Report has been prepared in compliance with the GRI (Global Reporting Initiative) Standards and the International Integrated Reporting Framework published by the IIRC (International Integrated Reporting Council). The report also includes progress updates on CCI's 2023 investments, goals, implementation, and performance results, as well as the UN Global Compact Progress Report (COP), the UN Women’s Empowerment Principles (WEPs), and the SPK Sustainability Principles Compliance Framework.

About CCI:
CCI is a multinational beverage company which operates in Türkiye, Pakistan, Kazakhstan, Iraq, Uzbekistan, Bangladesh, Azerbaijan, Kyrgyzstan, Jordan, Tajikistan, Turkmenistan, and Syria. CCI produces, distributes and sells sparkling and still beverages of The Coca-Cola Company and Monster Energy Beverage Corporation along with the production of fruit juice concentrate via its affiliate Anadolu Etap İçecek (Anadolu Etap Penkon Gıda ve İçecek Ürünleri Sanayi ve Ticaret Anonim Şirket).
CCI employs more than 10,000 people, has a total of 33 bottling plants, and 3 fruit processing plants in 12 countries, offering a wide range of beverages to a population base of 600 million people. In addition to sparkling beverages, the product portfolio includes juices, waters, sports and energy drinks, iced teas and coffee.
CCI's shares are traded on the Borsa Istanbul Stock Exchange (BIST) under the symbol "CCOLA.IS".