tiprankstipranks
Trending News
More News >

Coca-Cola FEMSA Hits Sustainability Target

Coca-Cola FEMSA Hits Sustainability Target

Coca Cola Femsa SAB De CV (KOF) has released an update.

Coca-Cola FEMSA, the largest Coca-Cola bottler in Latin America by sales volume, has successfully met its sustainability goal by achieving a Water Use Ratio of 1.36 liters per liter of beverage produced. This milestone, verified by an independent external party, ensures that the interest rate on the company’s sustainability-linked bonds will remain unchanged. Coca-Cola FEMSA’s commitment to water efficiency is highlighted by a 21% improvement since 2016, underscoring its leadership in sustainable practices within the beverage industry.

For further insights into KOF stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App