Coca-Cola Europacific Partners (CCEP) has announced that it has established a sustainability-linked supply chain finance programme in association with Rabobank.
Rabobank will provide funding to the programme, with other banks expected to participate and expand the facility over time, CCEP added.
CCEP’s vice-president of procurement, Ralf Peters, said, “We know how crucial it is that we work together with our suppliers to decarbonise our businesses, and are committed to providing the support and solutions they need to help them reduce emissions, aligned with our own sustainability goals.
“Our new supply chain finance programme is another important step that will help us to take collective action – by implementing positive and impactful change and driving continuous sustainability improvements.”
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