Equatorial Coca-Cola
Bottling Company 
ESG Report
2022

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ESG REPORT 2022
Table of Contents
03 
ESG Impact 
Strategy 2030
02 
About us
05 
Cross-cutting 
Projects
01 
Welcome to ECCBC
04 
ESG Partnerships 
& Collaborations
Introduction
Cross-functional Governance
ESG Pillars
Packaging
Water
Climate
Communities
Sourcing
People
Introduction
Figures
Our market
Our history
Our vision
Our values
Gazelle
Integration Journey
Digital Transformation
Letter from the 
Chairman & CEO
Introduction
Projects
18
20
22
24
38
46
52
62
66
6
8
9
10
12
14
83
85
86
5
74
77
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EQUATORIAL COCA-COLA BOTTLING COMPANY

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Welcome to 
Equatorial
Coca-Cola
01
Alfonso Líbano Daurella
Chairman
Alfonso Bosch
CEO
Letter from the Chairman & CEO  
2022 was an eventful year, as the 
world grappled with the ongoing 
COVID-19 pandemic; with organisa-
tions, governments and individuals 
doing their best to learn from a year 
of collective experience living with 
the virus. 
We are proud to say that Equatorial 
Coca-Cola has fared well in the face 
of these rapidly evolving challenges 
and that we have continued making 
strides on our path towards becom-
ing a more responsible, inclusive, 
diverse, and sustainable business.   
Thanks to the efforts of our teams, 
we are a more resilient and agile 
business today than ever before. 
Part of our improved capabilities 
can be attributed to the heroic 
efforts of our people, who have 
taken the considerable changes to 
how we live and work in their stride 
and maintained the excellent service 
to our customers and communities 
that sets our business apart.  
2022 was also an significant year 
for our journey towards becoming a 
more responsible business. One of 
the most exciting milestones of the 
year was the definition of our new 
ESG Impact Strategy for 2030. This 
strategy has the goal of continuing 
to create lasting value for our com-
munities and investing in a better 
future for Africa, by making sure 
that ESG priorities are baked into 
our decision-making processes and 
impact the choices our teams make 
every day. We know that this is crit-
ically important to the future of our 
communities, and by extension to 
our future as a business. 
We would like to express our grat-
itude to our whole team for the 
great work they have been doing 
under trying circumstances. Our 
success in transferring our Group 
Head Office to Casablanca, despite 
the challenges of the pandemic 
demonstrate not only our desire to 
being ever closer to our custom-
ers, consumers, and stakeholders; 
it also showcases brilliantly the 
adaptability and commitment of 
our teams. 
We would like also to thank the 
team for their excellent manage-
ment with the Algerian integration 
and Morocco acquisition. Through 
this, Equatorial Coca-Cola reaffirms 
its commitment to Algeria, Moroc-
co and the African continent as a 
whole. 
&

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EQUATORIAL COCA-COLA BOTTLING COMPANY
About us
02
In 2021, ECCBC achieved an impor-
tant milestone in its transformation-
al journey by completing the trans-
fer process of most of the Group’s 
functions and management team 
from Barcelona, Spain, to the new 
Head Office located in Casablanca, 
Morocco. This move demonstrated 
Equatorial’s optimism about Africa’s 
future and our commitment to be-
coming the leading bottling com-
pany in the continent, as well as our 
willingness to playing an increasing-
ly active role in Africa’s social and 
economic development. 
We are the bottling partner of The 
Coca-Cola Company across North 
and West Africa, where our teams 
produce, commercialize, and distrib-
utes the world’s most-loved brands 
and a wide choice of high-quality 
beverages including Coca-Cola, 
Fanta, and Sprite.  
Equatorial Coca-Cola’s (ECCBC) 
story began in 1989 in Equatorial 
Guinea, before expanding to other 
countries including Guinea Cona-
kry, Mauritania, Cape Verde, Guinea 
Bissau, and The Gambia. In 1997, EC-
CBC was re-founded as a Group to 
serve as a platform for growth into 
new territories like Ghana, Morocco, 
and Algeria.  
Today ECCBC operates in 13 countries 
in Africa, reaching over 160 million 
consumers, serving more than 250,000 
points of sale and achieving 1.9 billion 
transactions per year.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
581
1,9
44
23
+5,000
11
Turnover
(millions of euros) 
Millions of 
transactions
Production lines
Brands
Employees
Bottling plants
Our market
&

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ESG REPORT 2022
EQUATORIAL COCA-COLA BOTTLING COMPANY
Our history
The Daurella Family has 
maintained a remarkable, 
long standing partnership 
with Coca-Cola since 1951.
Along the way, they acquired 
the rights to distribute Coca-
Cola in Equatorial Guinea.
1989 
Operations were 
discontinued due to 
war, but they were 
restarted in 1989, with 
just 6 employees and 
50,000 cases.
2004 
ECCBC acquires 
Ceris S.A., a Cape 
Verdean brewery.
1997 
ECCBC was founded, along 
with the acquisitions in 
Ghana and Sierra Leone.
Soon afterwards, Liberia 
and São Tomé were added 
to company’s growing 
footprint.
1993-1996
COBEGA’s African 
business expanded to 
new territories: Guinea 
Conakry, Guinea Bissau, 
Mauritania, Cape Verde 
and the Gambia.
2002 
The first investments 
are made in Morocco. 
The full number of 
acquisitions in Morocco 
are completed in 2005.
Since 
1951
2000
02 About us
2005 
ECCBC acquires 
Fruital S.A., a 
Coca-Cola bottler in 
central Algeria.
2012
ECCBC reached 150 
million unit cases (951 
million liters).
2013
ECCBC started the first 
Coca-Cola franchise in 
South Sudan.
2010 
ECCBC reached 100 
million unit cases (570 
million liters).
2020 
Equatorial Coca-Cola 
establishes the group’s 
Head Office in Casablanca, 
Morocco.
2010
2020
2022 
Equatorial Coca-Cola 
integrated East and 
West territories in 
Algeria and reached 
an agreement to 
acquire Northern 
Morocco.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
02 About us
Our 
vision
To become the best 
beverage company in 
each of the countries 
that we operate in and 
a leading Coca-Cola 
system bottler in Africa.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Our 
values
02 About us
Accountability 
We are accountable and 
transparent in everything we 
do. As responsible members 
of our communities, we think 
globally and act locally.
Diversity 
As a leading company in 
Africa with roots in a family 
business, we understand 
the tough realities of the 
countries where we oper-
ate and respect both their 
diversity and their heritage. 
Passion 
We share the hopes and as-
pirations of our local com-
munities and we believe in 
what we do. We have fun 
at work and we are pas-
sionate about refreshments, 
consumers, customers and 
people. 
Sustainability 
We work together in 
harmony with our commu-
nities in order to preserve 
the natural environment for 
future generations. 
Excellence 
Whilst our production, 
quality and execution are 
consistently excellent, we 
can adjust to the challenges 
of our markets with speed 
and agility. 
A winning team 
We are more than the sum 
of our parts through trust, 
collaboration and dedication. 
We don’t just work hard, we 
work smart.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
ESG
IMPACT STRATEGY
2030
Shared value, shared future

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EQUATORIAL COCA-COLA BOTTLING COMPANY
ESG Impact 
Strategy 
2030
03
Our vision is to become the best 
beverage company in each of the 
countries that we operate in and the 
leading Coca-Cola system bottler in 
Africa. We seek to do this not only 
through the beverages we produce, 
but by creating lasting value for our 
communities and investing in a better 
future for Africa and for the world. 
That is why, at the end of 2020, 
ECCBC decided to reinforce its 
sustainability strategy to ensure that 
our business meets the evolving 
demands of its internal and exter-
nal stakeholders and protects our 
shared environment.  
The purpose of this new strategy is 
to create value for ECCBC by inte-
grating Environmental, Social and 
Governance (ESG) issues into our 
core business strategy. This reflects 
our belief that our success is tied 
up with that of our local communi-
ties, and that when they thrive, so 
do we. That is why, even though its 
scope is expanding, our strategy is 
still guided by the UN’s Sustainable 
Development Goals for 2030 and 
Coca-Cola’s global targets for 2030. 
In 2021, ECCBC carried out a Mate-
riality Assessment to help form the 
foundation of our new strategy. The 
assessment used insights from our 
internal and external stakeholders 
to refine our ESG vision, define the 
pillars of our strategy and develop 
the implementation roadmap.  
At Equatorial Coca-Cola, we have a 
long history of partnering with our 
communities to create long-term value 
for our shared future.  
As a result, our new strategy will be 
based on 6 key pillars where ECCBC has 
a significant role to play and can deliver 
the most value. Each of the pillars has 
been built with multiple commitments, 
action plans and initiatives to achieve our 
2030 Sustainability Goals.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
03 ESG Impact Strategy 2030
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ESG
Cross-functional 
Workgroup
While building the basis of ECCBC’s 
sustainability strategy, in 2021 we 
created two governing bodies, a 
high-level Steering Committee with 
ExCo members and a Cross-Func-
tional Workgroup made up of repre-
sentatives from all departments.
The goal of the Workgroup was to 
co-create the strategy including all 
functional needs, and once the pri-
orities were clear, to project manage 
the initiatives and to report progress 
made to date.
This Workgroup is led by the Public 
Affairs, Communications & Sus-
tainability Department, which is 
in charge of monitoring, reporting 
and integrating all the departments’ 
efforts and supporting the initiatives 
to make sure that we contribute to 
building a better shared future. 
Thanks to this, ECCBC has been able 
to create a clear roadmap of initiatives 
for each of the 6 pillars of our new ESG 
Impact Strategy 2030. 
Cross-functional 
Governance

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EQUATORIAL COCA-COLA BOTTLING COMPANY
04 ESG Impact Strategy 2030
ESG Pillars
Packaging
Communities
Water
Climate
People
Sourcing
Preserve the value of our packaging materials and our 
environment by increasing the reduction, reuse and 
recycling of our packaging and ensuring that it does not end 
up in our shared waterways or in the environment. 
Preserve our shared environment by driving efficiencies and 
innovation, so that we create more value with less energy, 
both in the business and in our communities.​
Maximize the value of our shared water resources by being 
responsible of our use of water inside the business and by 
helping our communities to access and better manage their 
water resources.​
We will create lasting value for our communities by investing 
in them and in their future, focusing on improving their 
health and livelihoods, and by investing in the employability 
and skills of women and young people.​
Make responsible decisions for our communities and our 
planet by supporting sustainable businesses across our value 
chain, from the farm to the table.​
We will give equal value to all our people, providing them 
with the tools and opportunities to grow professionally and 
eliminating barriers to their progress.​

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EQUATORIAL COCA-COLA BOTTLING COMPANY
And since the Coca-Cola Company’s 
2018 announcement of the World 
Without Waste program, recycling 
has been the top priority in Equato-
rial Coca-Cola’s sustainability strate-
gy as we partner with them to fulfil 
its far-reaching commitments. 
Equatorial Coca-Cola is working 
with governments, industry partners 
and NGOs to find a solution to the 
growing menace of waste build-up. 
Our strategy will focus on 2 main 
goals composed of 5 action plans 
in 5 pilot countries; Algeria, Ghana, 
Morocco, Cape Verde and Guinea 
Conakry where 90% of our total PET 
production takes place.
Packaging
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We have a key role to play in protecting 
the environment of the countries we 
serve. That is why, at ECCBC, we aim 
to preserve the value of our packaging 
materials and our environment by 
increasing the reduction, reuse and 
recycling of our packaging and ensuring 
that it does not end up in our shared 
waterways or the environment.  
Collect one bottle or can for 
every one we sell by 2030.
Use at least 50% recycled material 
in our packaging by 2030. 
Reduce primary & 
secondary packaging
Reduce and optimize 
total packaging used by 
2030 
rPET use in our 
packaging 
50% recycled of materials 
in all our primary 
packaging by 2030 
Re-design 
Improving the 
recyclability of our 
packaging  
Collection & Recycling 
Collect packaging 
equivalent to 100% of 
packaging used in our 
operations 
Advocacy  
Accelerate rPET 
regulations in all markets 
where we produce 
Goals
EQUATORIAL COCA-COLA BOTTLING COMPANY

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Our Projects
Our Projects
Mogagreen 
Morocco 
At the beginning of 2021, our local partners 
obtained a grant from The Coca-Cola 
Foundation (TCCF). Thanks to this, in 
partnership with Ekogest, we have launched 
the Mogagreen recycling project in the coastal 
city of Essaouira.  
This project aims to support the city of 
Essaouira in a “ZERO waste in landfill” vision 
by 2030 by creating a community of recyclers 
(consumers, cafés, restaurants, retailers, 
administrations, schools, etc.) trained and 
incentivized to put selective sorting in place.  
The community will be connected to recyclers 
through a digital solution and will be provided 
services by network of franchised collectors. 
In addition to this, the project also aims to raise 
awareness about the importance of selective 
sorting and recycling. 
households visited 
households brifed/
touched 
waste collected 
(tonnes)
13,717
4,298 
25 Tn 
Last year, we launched our Let’s be clear! 
campaign in Morocco to announce our new 
Sprite bottle. Thanks to their new transparent 
look, our Sprite bottles will be more 
recyclable, thus removing the need for them 
to be separated and recycled separately from 
other plastic bottles. 
This project is working towards expanding to 
other ECCBC territories in the near future.  
Let’s be clear campaign 
Morocco

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Our Projects
Our Projects
IMPACT Lab is a start-up accelerator working 
to help African entrepreneurs to unleash 
their innovative potential. One of their key 
interventions in the start-up space is IMPACT 
Camp, an annual bootcamp designed to 
promote the emergence and development of 
start-ups with high social or environmental 
impact. 
In the last edition in 2021, two members of 
ECCBC formed part of the panel of judges who 
selected the winner of the IMPACT Camp.
IMPACT Lab
In 2021, Equatorial Coca-Cola invested EUR 
40K in a Ghanaian recycling NGO, GoReclaim.  
Thanks to this, the NGO was able to collect 
more than 200 tonnes in 2022.
GoReclaim
Ghana
Morocco 
collected (tonnes)
225 Tn

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Our Projects
Our Projects
25th Anniversary in Ghana
As part of the activities to commemorate 
the 25th  anniversary of our plant in Accra, 
ECCBC organized a waste collection exercise 
in Teshie, in the Greater Accra Region. This 
project was launched in collaboration with the 
Ledzokuku Municipal Assembly and SesA, a 
plastic waste management organization. 
Ghana
plastic waste 
collected (tonnes)
5,758 Tn 
GRIPE
Ghana
In 2017, Equatorial Coca-Cola alongside 
another 7 private companies founded GRIPE, 
a private sector-led coalition to deal with the 
danger that plastic waste posed to Ghana’s 
environment.
GRIPE leads multi-stakeholder collaboration by 
bringing together industry, government, NGOs 
and informal waste pickers to work together to 
find local solutions to this global problem. 
In 2022, GRIPE made significant efforts to 
collect waste in the country. As a result, through 
community clean-up campaigns GRIPE was 
able to collect 5,758 tonnes of plastic waste.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Our Projects
Our Projects
Cap Challenge 
Over the summer of 2020, our team in Algeria 
led a plastic collection campaign called the 
Algerian Cap Challenge. 
Through this initiative, our employees and their 
families worked together to collect bottle caps, 
which were then sold to a local recycling plant. 
The money obtained from the sale was used to 
donate medical supplies to children suffering 
from xeroderma pigmentosum, a genetic 
disorder that results in a decreased ability to 
repair DNA damage from UV light. As a result, 
children suffering from this disease must avoid 
any exposure to sunlight, either by staying 
indoors or by wearing protective clothing and 
sunscreen when outdoors.  
Due to its success our team relaunched it in 
May 2022.  
Algeria
The different teams that 
participated have been 
able to collect 6 tonnes 
of plastic caps since the 
first edition.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Our Projects
Our Projects
In summer 2021 some volunteers from our 
team initiated a beach cleaning event called 
Together to protect our beaches at Kadous 
beach in Algeria.  
Through to this program, we not only cleaned 
the beach but also raised awareness about the 
importance of protecting the environment.
Thanks to its success, this summer we ran 
a second edition in which 150 vounteers 
participated. 
Beach Cleaning
Algeria
Recycling Project
Guinea Conakry
Thanks to The Coca-Cola Foundation’s (TCCF) 
support, we launched a recycling project in 
Conakry, Guinea, in 2021.  
In partnership with the Azahara Foundation, 
RedSalmons, and Roots for Sustainability, this 
project aims to develop a waste collection 
system in the city of Conakry by empowering 
the waste pickers through the creation of 
cooperatives and including them in the 
municipality’s waste system.  
This project, which will directly benefit 600 
waste pickers, expects to collect 864 tonnes of 
PET in plastic waste per month by the time it 
has been completed.

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EQUATORIAL COCA-COLA BOTTLING COMPANY
Our Projects
Our Projects
rPET Manual & Best Practices
In 2021, Equatorial Coca-Cola took part in the 
Coca-Cola Worldwide workshop to create and 
implement a World Without Waste catalogue 
with Best Practices  
This catalogue has been distributed to all 
business associates and, this year, an interactive 
rPET manual was also released with examples 
for the implementing practices for experts and 
beginners in the rPET field. 
Lightweighting
One of our key initiatives is to reduce the use of 
plastic in our packaging.
Through lightweighting, we have been 
reducing the PET content in our bottles while 
maintaining as much as possible high-quality 
standards. 
Thanks to this, last year we were able to 
reduce PET content 1,456 tonnes, which 
represents 3.7% of total preforms sourced.
reduced (tonnes)
1,456 Tn

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EQUATORIAL COCA-COLA BOTTLING COMPANY
For this reason, under our 
ESG Impact Strategy, we have 
committed to maximize the value 
of our shared water resources by 
being responsible in our used of 
water inside the business and by 
helping our communities to access 
and better manage their water 
resources. 
We aim to do this through two main 
goals for 2030 which will be driven 
by three different action plans: 
Water
The beverage and bottling industries 
depend on water for their production. 
Therefore, as part of these sectors, 
the effects of climate change on these 
important resources are of significant 
concern for us.  
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EQUATORIAL COCA-COLA BOTTLING COMPANY
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Improve water use efficiency by 
20% by 2030 
100% local replenishment of water 
used in our beverages by 2030
Water efficiency 
projects 
Continue optimization of 
our operational processes 
to reach 1,2L/L beverage 
in all our plants. 
Access to clean water 
Facilitate access to safe 
and drinkable water to the 
communities around us. 
Water Treatment Plants 
Leverage our WWTP to 
recycle and reuse water 
whenever possible, to give 
back treated water to local 
communities 
Goals
EQUATORIAL COCA-COLA BOTTLING COMPANY

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Our Projects
Our Projects
EQUATORIAL COCA-COLA BOTTLING COMPANY
In order to support the country after the 
devastation of the fires during the summer of 
2021, ECCBC, in partnership with The Coca-Cola 
Company and United Nations Development 
Programme (UNDP), is carrying out a project 
that aims to drive torrential correction works 
in the region of Bouira in order to limit the 
damage linked to floods and to set up dams 
and water reservoirs in order to retain the 
flows and limit their destructive effect on 
ecosystems.  
Through this 
project we aim 
to impact: 
PNUD Project
Algeria
beneficiaries
replenished water
13,000 
201,240.6 M3

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Our Projects
Our Projects
EQUATORIAL COCA-COLA BOTTLING COMPANY
In order to pursue our goals to improve 
water use efficiency and use 100% local 
replenishment of water in our beverages 
by 2030 and preserve the watershed we 
conducted a feasibility study to further reuse 
our treated effluent.
In 2021, as part of the Coca-Cola worldwide 
workshop, ECCBC alongside our Coca-Cola 
System partners, developed a Water Maturity 
Matrix tool to be able to evaluate the degree 
of maturity when using our water resources.
In this workshop, we also create a Water 
targeting estimator. This tool allows us to set 
targets using science-based data versus the 
industry standards.
WasteWater Treatment 
Plants
Water Efficiency 
Catalogue
Ghana 
Morocco 
Algeria

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Our Projects
Our Projects
EQUATORIAL COCA-COLA BOTTLING COMPANY
Millions of people across the world lack access 
to safe drinking water and to major sanitation 
infrastructures. This issue is particularly stark in 
Africa, and in response, we have joined hands 
with our partners to improve access to water 
and build sanitation infrastructures across our 
territories.  
One of the projects that Equatorial Coca-Cola 
has invested in is the Coca-Cola Foundation’s 
Replenish Africa Initiative (RAIN), which aimed 
to improve access to clean water for 6 million 
people in Africa by 2020. Through RAIN, 
we have invested in water infrastructures, in 
order to bring clean water closer to at-risk 
populations. Even though the project formally 
ended in 2020, some initiatives were ongoing 
throughout 2021. 
The results of 
this project are 
as follows: 
RAIN Project
To date, through 23 projects 
across nine of Equatorial 
Coca-Cola’s countries and 
1,029 communities, RAIN has 
reached: 
With improved water access, 
sanitation and hygiene (WASH)
Returned per year to communities 
and nature 
Empowered and helped to improve 
the management of 1,177 hectares 
of land 
In 2021, two projects were 
completed in Algeria (UNDP) and 
Sierra Leone (CRS) to reach 17,660 
people, benefit 9,796 women 
and youth, and improve the 
management of 6 hectares of land 
in these two countries.  
572,498 people
2,139 ML of water
118,631 women and youth
17,660 people

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To this end, under our Climate pillar 
from our ESG Impact Strategy 2030, 
we have committed to preserving 
our shared environment by driving 
efficiencies and innovation, so that 
we create more value with less 
energy, both in the business and in 
our communities.  
To do so, for 2030 we will work to 
achieve our two main goals through 
4 different action plans:
Climate
Equatorial Coca-Cola is working hard 
to reduce the emissions generated by 
our activities; from our manufacturing 
processes and packaging formats to our 
distribution fleet.  
Improve energy efficiency 
by 25% by 2030 
Reduce the carbon footprint of 
our transport by 25% by 2030 
Coolers 
Reduce the total energy consumed 
by testing and expanding solar 
refrigeration within our park and 
replacing old coolers by low 
consumption ones.
Renewable Energy 
Install, where feasible, solar 
sources for energy and study 
alternative renewable sources. 
Electric & Hybrid Fleet 
Where available in each 
market, create a feasibility 
study for electric alternatives 
to our fleet. 
Carbon Footprint 
Roadmap 
Define and implement a 
carbon transition plan.
Goals
EQUATORIAL COCA-COLA BOTTLING COMPANY

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Our Projects
Our Projects
EQUATORIAL COCA-COLA BOTTLING COMPANY
Leveraging sustainable technology 
to increase ECCBC’s topline, thus 
ensuring profitability across all geographies 
Sustainable technology development 
and management, to make renewables a 
thing of the future​ 
Operating at the cutting edge of 
the Coca-Cola system sustainability 
journey, as a leader on the African continent​ 
Decreasing ECCBC’s carbon emissions, 
thereby abiding by the 2030 Sustainable 
Development Goals 
Supporting economic development in 
communities, by providing off-grid points 
of sale and access to technology
ECCBC has started a pilot project in Ghana to 
fit solar coolers at different points of sale in 
order to reduce energy consumption. 
This action consists of testing and expanding 
solar refrigeration across plants to replace old 
coolers and reduce the total energy consumed. 
This measure contributes not only to ECCBC’s 
Climate targets but also to a number of UN 
Sustainable Development Goals: 
Solar Cooler Pilot
Ghana

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Our Projects
Our Projects
EQUATORIAL COCA-COLA BOTTLING COMPANY
In addition to the Packaging and Water, as part 
of the Coca-Cola Global Environment Council, 
we created the tools needed to set the targets 
for improving our energy efficiency using 
science-based data versus industry standards.
Energy Management 
Catalogue
ECCBC Carbon 
Roadmap
In the first quarter of 2022, ECCBC undertook 
a decisive journey to study the company’s 
carbon footprint, including all 3 scopes, and 
design the first roadmap to reduce its carbon 
emissions, advised by PwC United Kingdom. 
Thanks to this, at Group level we have been able 
to define our opportunities and challenges to 
meet our carbon reduction goals and we have 
started a second phase of the study to define 
the specific roadmaps and carbon offsets for 
each of our business units.

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That is why, we are committed 
to create lasting value for our 
communities, with a special focus 
on women and the youth, by 
investing in them and in their future 
by improving their health and 
livelihoods, and by cultivating their 
employability and skills. 
To do so, we will work to achieve 
our 2 main goals which will be 
driven by 5 action plans: 
Communities
At Equatorial Coca-Cola, we know that 
our success is tied up with that of our 
local communities and that when they 
thrive, so do we. 
Have a positive impact on the 
lives of 1 million people by 2030
Water 
Deliver water projects that 
positively impact people 
by improving water access, 
water use and water quality 
in our communities 
Education, job skills and 
equal opportunities
Provide critical skills 
training, mentorships 
and access to economic 
opportunities for women 
and the youth by 2030. 
Health 
Deliver health projects that 
positively impact people 
with a specific focus on the 
welfare of women and the 
youth. 
Recycling 
Positively impact 
communities by 
encouraging the expansion 
of the circular economy in 
our territories. 
Goals
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Cataracts are the most common 
cause of blindness globally, 
causing half of blindness and 
a third of visual impairment 
worldwide. Cataracts are treatable, 
but many of our communities face 
technological or economic barriers 
that prevent people in need of 
treatment from accessing it.  
Through the Let Your Eyes Enjoy! 
partnership, we provide cataract 
surgeries and prescription glasses 
free of charge to members of 
our communities who otherwise 
would not have access to them. 
The expeditions planned for 2020 
and 2021 were postponed due 
to the pandemic, but in 2022 
we did two new expeditions in 
Morocco and Cape Verde two new 
expeditions planned in Morocco 
and Cape Verde.
Fundación Elena Barraquer, which 
provides free cataract surgeries 
to people facing economic and 
technological barriers to treatment 
all around the world; and 
Fundación Cione Ruta de la Luz, 
which provides free eye checks, 
then produces and donates 
prescription glasses to people in 
need  
Let Your Eyes Enjoy!
This project is carried out in 
partnership with two Spanish 
visual health foundations: 
3,274 cataract surgeries
3,436  glasses donated 
8,638 people impacted 
Our results 
since 2014:

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RAIN
One of the requirements for projects 
sponsored by the RAIN program is that 
they empower women and youth in the 
communities where the project is deployed. 
This is because when families must travel long 
distances to get clean drinking water, women 
and children are disproportionately affected.  
have been impacted by improved 
water access, sanitation and 
hygiene (WASH), 
Empowered and helped to 
improve the management of 1,177 
hectares of land 
In 2021, two projects were 
completed in Algeria (UNDP) and 
Sierra Leone (CRS) to reach 17,660 
people, benefit 9,796 women 
and youth, and improve the 
management of 6 hectares of land 
in these two countries.  
572,498 people
118,631 women and youth
17,660 people
Our results:
Every year during Ramadan, ECCBC and The 
Coca-Cola Company join hands to distribute 
thousands of ftours – the evening meal that 
breaks the daily fast during the holy month of 
Ramadan. The goal is to make sure that the ftour 
remains a time of happiness and togetherness 
for families in need during this important time. 
This year, we launched our 18th edition during 
which we positively impacted more than 
40,000 people during this month of fasting 
and praying.
Dar L’Ftour 
Morocco 
This year we ran our first Ramadan project in 
Algeria.
In collaboration with the DZ People Association, 
we carried out Operation Iftar in order to sup-
port the kids at the Parnet Hospital in Algiers.
Ramadan Donation
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Covid-19 Private Sector 
Fund
In 2020, in order to support Ghana in its fight 
against Covid-19 and its consequences, our 
team started the Open Like Never Before 
campaign to donate 10 pesewas for every 1.5L 
bottle of Coca-Cola, Fanta and Sprite sold to 
the Covid-19 Private Sector Fund.  
Thanks to its great success, we continued this 
campaign during 2021 and 2022 and we now 
have made our fifth donation, which brings our 
overall contribution to over GH¢ 1 million!  
Ghana 
Project Last Mile
In partnership with The Coca-Cola Company, 
the Bill and Melinda Gates Foundation, 
and USAID, we leverage our supply chain 
capabilities to build up governments’ ability to 
deliver medical supplies to areas where they 
are currently unable to reach. This project 
continued in Sierra Leone throughout 2021. 
In addition, PLM also started in Ghana under 
the framework of the health enterprise 
development, which aims to provide technical 
assistance to social enterprises focused on 
improving the access to and availability of 
family planning products. 
Ghana 
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Cape Verde
Clarós Foundation Expedition
This year we held the first Clarós Foundation 
expedition in Cape Verde, in the Dr. Agostinho 
Neto  Hospital of Praia.  
The Clarós Foundation is a non-profit 
organization whose aims are humanitarian, 
educational and research, in the field of 
otorhinolaryngology and face, head and neck 
surgery. 
Through this collaboration, the medical team 
has been able to perform maxillofacial surgeries 
in the Cape Verdean community that needed 
special medical interventions. 
23 surgeries
83  medical consultations
103 people positively    
impacted
Thanks to 
this, the team 
performed:

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This is why, for ECCBC, as in 
many parts of the world, farming 
and agriculture are significantly 
important. 
As a key consumer of these 
ingredients, we have a responsibility 
to hold ourselves and our suppliers 
to the highest sourcing standards. 
For this reason, as part of our ESG 
Impact Strategy, we have committed 
to making responsible decisions for 
our communities and our planet 
by supporting sustainable business 
across our value chain, from the farm 
to the table. 
To do so, we will work to achieve 
our main goal for 2030 through 2 
different action plans: 
Sourcing
Our drinks depend on a sustainable 
supply of high-quality agricultural 
ingredients – including sugar beet and 
sugarcane, fruit juices and malt. We 
also believe that sustainable agriculture 
offers solutions to interrelated issues 
such as water security, climate resilience 
or greenhouse gas (GHG) emissions. 
Source 100% of our agricultural 
ingredients from sustainable 
sources by 2030
Sustainable sourcing 
Mapping of current 
sustainable sources 
availability. 
Sourcing from local 
producers 
Study by market to 
set up specific targets 
to develop country by 
country producers. 
Goals
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In 2020, Equatorial Coca-Cola joined this 
voluntary program with the aim of obtaining 
all of our raw materials from sustainable 
sources.  
VIVE is a voluntary, continuous improvement 
sustainability program for ingredient supply 
chains, covering all operations and activities 
through to end users that have a bearing on 
sustainability. The program consists of five 
modules that, in combination, cover all the 
operations and activities that contribute to 
the sustainability of ingredients supplied. In 
addition to this, the companies involved need to 
confirm that none of their agricultural suppliers 
convert or damage land with high biodiversity 
value.  
By joining Buyers Supporting VIVE, we 
have demonstrated our commitment to 
responsibly sourcing sustainable ingredients 
and implementing traceability throughout our 
supply chain, from farms to our seven bottling 
plants. None of our bottling plants are located 
in protected areas, so our main contribution 
to biodiversity will come through projects that 
evaluate and mitigate our impact throughout 
our value chain, such as VIVE. 
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To do so, we will work to achieve 
our two goals through 5 different 
action plans:  
People
One of the pillars of our ESG Impact 
Strategy 2030 is focused on our 
people, especially on women and youth. 
Through it we have committed to giving 
equal value to all our people, providing 
them with the tools and opportunities 
to grow professionally and eliminating 
barriers to their progress.
Goals
To increase female presence 
across the Company by 2030
To promote talent among young 
people and increase youth rate 
inside the company by 2030
Continue building a 
Diverse and inclusive 
environment
Train 100% of managers 
in D&I by 2030. 
Achieve 85% engage-
ment rate for D&I in the 
Global People Survey by 
2030. 
Recruiting talent un-
der 30 years old 
Implement Global 
Graduate Program across 
the Company and in all 
functions to have an 
intake of young talent 
under 30 years old. 
Strategic Employer Value 
Proposition with focus on 
young talent to attract 
new generations. 
Higher presence of 
female employees 
Increase in female em-
ployees by 2030 through 
talent acquisition and 
retirement plans.
Create opportunities 
for youth
Higher ratio of women 
in Managerial roles 
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Diversity is one of Equatorial Coca-Cola’s 
values, and we work hard to ensure that our 
policies and processes promote the equal 
treatment and equal opportunities for all 
employees, regardless of who they are.  
We are continuing with our four-year strategic 
Diversity & Inclusion (D&I) plan and trained 
our employees in both diversity and inclusion 
matters. As an example, since the beginning of 
2022, we have increase the female presence in 
our sale force and production lines.
In addition to the above, our management 
team in Algeria participated in a new edition 
of our global Inclusive Leadership Executive 
Programme to promote the continious 
development of our employees and equip them 
for their journey towards leadership excellence.
We have also celebrated several key D&I 
international days such as International 
Women’s Day, International D&I, etc.
In 2021, our efforts in D&I were recognized by us 
being appointed as Silver Winner in the EMEA 
Award 2021 Inspiring Workplaces in the category 
of Inspiring Diversity & Inclusion Award. 
Dive-In
At ECCBC, we are proud to partner with top 
universities in Morocco to find and attract 
young and diverse talent. 
After the success of the first edition of our Data 
Science and Business Intelligence Academy, this 
year, we launched a second one.  
Under this framework, we give the opportunity 
to university students to join our team as data 
science and business intelligence interns. 
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In 2022, ECCBC joined the first edition of the 
Cross-Mentoring program from Equipos & 
Talentos with the objective of continuing to 
develop female talent and leadership through 
the exchange of knowledge and experiences 
to improve skills, abilities, and competencies. 
Under this program, three mentees and three 
mentors from ECCBC were selected to have 
the opportunity to learn and share experiences 
with other mentors and mentees from other 
companies who have also joined the program. 
Our talent is key to our success and when our 
people learn and grow, our business gains 
new capabilities that can help it to thrive. 
We seek to be a key partner in our people’s 
professional growth and career development 
by providing various learning opportunities, 
from formal training to on-the-job training. 
At Equatorial Coca-Cola, we believe that great 
minds never stop learning. That is why, during 
the past year hundreds of our people received 
more than 46,000 hours of training.
Through this initiative, our people can keep 
learning and expanding their knowledge and 
skills, to help them achieve their goals.
Cross-mentoring Programme
Talent Development
Empowering Women Talent
This year, at ECCBC, we have created a hole 
metaverse world to meet all the leadership 
team together at our first Leaders eMeeting.
Through this ECCBC world, employees were 
able to attend the different presentations 
from the company’s CEO, Directors, key 
people from the different areas, The Coca-
Cola Company and other inspiring guest 
speakers. They find out all about the future 
plans and key aspects of ECCBC for the next 
years. In addition, people were able to navigate, 
interact, play, meet with colleagues and were 
able to engage themselves in ESG, Diversity 
& Inclusion, change mindset and much more 
across different pavilions, including virtual 
market visits to Morocco, Algeria, Ghana, 
Guinea Conakry and Cape Verde.
Also, each of the attendees was surprised with 
a box with inspiring elements to make a real 
experience that helps leaders to write together 
a great future for our company.
ECCBC Leadership 
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At Equatorial Coca-Cola, health and safety 
have always been strategic priorities of 
the business. For this reason, since the 
beginning of the pandemic in 2020, we have 
implemented and updated, when needed, 
protocols to minimize potential exposure 
and boost hygiene in all of our premises and 
distribution channels; whilst guaranteeing the 
continuity of our operations and service to our 
customers and consumers.  
Through our Human Resources and our 
Quality, Operational Safety and Health (QOSH) 
departments we sought to develop new ways of 
working and created bespoke solutions for each 
country and job position.  
Covid-19 Response
Thanks to all these efforts, this year, 
we were awarded the Communitas 
Award in the category of leadership 
in community service and corporate 
responsibility, and also recognized by 
the Stevie Award as bronze winners 
in the category of most exemplary 
employer for our response to the 
Covid-19 pandemic.
In order to manage and report efficiently, we 
established a Crisis Cabinet that was replicated 
at Group and Business Unit levels. These groups 
were tasked with monitoring the evolution 
of the pandemic, taking all the necessary 
actions to keep our people and their families 
safe from the virus, and ensuring business 
continuity given the measures and restrictions 
implemented in the countries where we 
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ESG 
Partnerships 
& Collabora-
tions
04
At Equatorial Coca-Cola, we are aware that 
the UN’s SDGs are ambitious and to achieve 
them will require companies, governments, 
civil society and communities to work 
together. 
That is why we work with internal and external 
stakeholders to accelerate and increase as the 
impact of our projects and efforts as much as 
possibly can.

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Partnerships & Collaborations
EQUATORIAL COCA-COLA BOTTLING COMPANY
In 2020, ECCBC entered into partnership 
with ThirdWay Partners (TWP), a consultancy 
firm that helps companies across the world 
to advance their sustainability efforts while 
adding value to the business. 
Since it started its new ESG ambitious journey, 
Equatorial Coca-Cola has been working closely 
with them to implement and advance the 
new sustainability commitments across the 
company, as well as identifying how to measure 
the added value for its business.  
Throughout this collaboration, TWP has 
supported ECCBC in the implementation of the 
6 Development Partnership Initiatives that are 
focused on cross-cutting projects, packaging, 
water, climate, sourcing and communities.  
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The UN’s SDGs are ambitious and ECCBC 
knows that achieving them will require 
companies, governments, civil society and 
communities to work together. 
In this sense, increased transparency from 
companies is key to facilitating these 
collaborations. When companies are 
transparent about how their business impacts 
their communities and the planet, it is easier to 
work towards finding solutions to making that 
impact overwhelmingly positive.  
In 2020, ECCBC demonstrated this belief 
by taking part in a worldwide case study 
carried out by the United Nations Conference 
On Trade and Development (UNCTAD) in 
partnership with the Family Business Network 
(FBN). The study aimed to investigate the 
extent to which family businesses have adopted 
transparent and comparable measures of their 
contribution to the Sustainable Development 
Goals (SDGs).  
ECCBC continued this launch partnership 
in 2021 by being part of the Launch of the 
Family Business Development Sustainability 
Indicators Platform hosted by the World 
Investment Forum. ECCBC’s Chairman played 
a major role in the platform’s official launch and 
the company took part in the panel discussion 
that was part of the event. 
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Partnerships & Collaborations
EQUATORIAL COCA-COLA BOTTLING COMPANY
In 2021, we entered into a partnership with 
Veolia, a multinational company focused on 
ecological transformation, and rePATRN, 
a Ghanaian waste collection company, to 
develop a bottle-to-bottle system in the 
country. This partnership will build a compelling 
business case for an investment in a recycling 
plant producing hot washed flakes and food 
grade rPET pellets.
In 2021, we entered into partnership with Power 
Africa, a US Government institution. Through it, 
ECCBC plans to collaborate to improve energy 
access and refrigeration across sub-Saharan 
Africa. 
Veolia & RePatrn
Power Africa partnership
This year, ECCBC joined the Ellen MacArthur 
Foundation community. 
Thanks to being part of this community, we 
will work together to accelerate the global 
transition to a circular economy and make a 
better and more sustainable future. 
Ellen MacArthur Foundation 
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Cross-
cutting 
Projects
05
In 2021, Gazelle made good progress 
towards its goal: transforming Equatorial 
Coca-Cola, making it leaner, more efficient 
and ultimately, more competitive. Almost 
3 years have happened since we gave the 
first step of this important global and cross-
functional project, where we have been able to 
overcome a pandemic and take fast decisions in 
complicated times.
Today, thanks to Equatorial Coca-Cola Board 
of Directors’ permanent sponsorship, Business 
Units and Work Stream Leads coordination, 
Initiative owners’ work, and all leaders that have 
contributed to this project, we have been able 
to transform ourselves and be now more close 
to our vision to become the leading Coca-Cola 
system bottler in Africa.
Gazelle
A new operating model running 
the basis for a more agile and lean 
organization more adapted to 
business needs from a decentralized 
to a functionalized model
More than 100 concrete 
initiatives in place
More than 1.000 hours of 
training
A permanent communication 
and feedback
To uncover great talent
In 2021, we 
have been able 
to achieve:
Cross-cutting Projects

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Cross-cutting Projects
In 2022, Equatorial Coca-Cola and Castel 
Group undertook an integration journey in 
Algeria to create a unified soft drink market 
leader, being ECCBC the majority owner, 
which will serve over 87,000 points of sale.
Through this, we have been able to combine our 
capabilities and expertise to drive performance 
across a consolidated beverage platform to 
serve the Algerian market more effectively 
and efficiently, driving value for the Coca-Cola 
System’s key stakeholders including consumers, 
customers and suppliers. On the other hand, 
this integration reaffirms our commitment to 
Algeria and the African continent as a whole.
Equatorial Coca-Cola Bottling Company 
(ECCBC) has acquired the Tangier-based 
bottler Atlas Bottling Company (ABC), 
expanding its Moroccan soft drinks business 
over the country. With this acquisition, ECCBC 
becomes the largest bottler in Morocco.
In this new phase, ECCBC will continue to 
manage the business across a consolidated 
beverage platform to serve the Moroccan 
market effectively and efficiently, adapting 
the company structure to the challenges that 
the market has to face and to respond to the 
evolving needs of its customers.
Integration Journey
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Cross-cutting Projects
Cross-cutting Projects
In the last couple of years, we have seen that 
the world is evolving with new consumer 
profiles, workstyles and methodologies, a 
disruption that is also happening in ECCBC 
markets.
That is why at Equatorial Coca-Cola, we have 
entered into a Transformation Journey in a 
Digital Environment. Through this, we envision 
transforming the company business model 
towards a “Platformization solution” where we 
will be more integrated with our clients, more 
competitive than we are today, and ready to 
transform our business with future trends.
To do so, the digitalization of the company will 
be one of the key factors and, together, we will 
build a ECCBC Digital Hub aimed to manage 
the business optimization and transformation, 
as well as the Digital Academy, which will 
provide training to ECCBC leaders and teams. 
Digital Transformation
Give speed and focus to the 
organization
Engage the business to 
generate new transformation 
initiatives
Guide and support in both the 
design and implementation of the 
transformation
Arrange, facilitate, drive and 
monitor KPIs
Our Digital 
Transformation 
goals:

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