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Facilities Fleet
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We have assessed the risks posed by climate change to the long-term growth prospects of our business and have found various sources of concern. From potential threats to our water availability to increased energy costs and government regulation, the effects of climate change could result in additional costs, reduced profit margins, and limited ability to manufacture and distribute our products. By taking immediate, positive action, we are seeking to mitigate these risks, take advantage of new opportunities, and develop a competitive advantage in a carbon-constrained future. For more detail on our climate risks, refer to the CCE Form 10-K. To establish our Commitment 2020 goal for Energy Conservation/Climate Change, we benchmarked the expectations of future climate legislation along with the climate goals set by sustainability leaders and our competitors. Next, we assessed our internal ability to reduce our emissions. After significant research and careful consideration, we concluded that an absolute 15 percent reduction from our 2007 baseline would be challenging, yet attainable, in light of our expected business growth over the next decade. |