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Suntory Beverage & Food Europe Closes the Loop -Company meets EU recycled content target 3 years early- LONDON – December 14, 2023 - Suntory Beverage and Food Europe (SBFE), producers of iconic soft drink brands Orangina, Lucozade, Schweppes and Oasis has published its 2022 Sustainability Report. The company is pleased to announce progress against all of its sustainability targets, and in particular to highlight that by the end of 2022, it was using 36% recycled plastic content across its portfolio of brands sold across Europe. This means that 43,000 tonnes of virgin plastic usage has been avoided. Removing PET plastic bottles made with fossil fuel is a key commitment across the Suntory Group globally. SBFE’s Director of External Affairs and Sustainability Michelle Norman said, “The EU’s Single Use Plastic Directive set a target of 30% recycled content (rPET) in single-use plastic bottles by 2025 and we are excited to announce we have exceeded this target three years early. SBFE recognises the value of circular business practices and reducing our environmental impact, we’ve accelerated our design for circularity and invested significantly in recycled plastic, despite the supply and demand challenges. We continue to call for efficient and harmonised container deposit systems across Europe which will support our ambitions for closed loop recycling.” In 2022 Schweppes in Spain moved to 100% rPET*, and in the same year, local brand La Casera put 25% recycled content into its bottles. In 2022 Lucozade Sport, the best-selling sports beverage in the UK and Ireland, moved to 100% rPET*. Peter Harding, SBFE’s Chief Executive Officer adds; “Our commitment to become a more sustainable company is rooted in our company value of Growing for Good. We believe the more we grow the more positive impact we can have on society and the planet’s resources. I am pleased for the second year to demonstrate our company’s positive progress to reduce sugar, emissions, water, and waste and to significantly improve our packaging to enable circularity.” The report also showcases the company’s industry leading position of sugar reduction in beverages. In 2022, SBFE reduced added sugar across its portfolio by 24%, against a 2015 baseline. This work is key to the company’s strategy to bring a greater choice of lower calorie drinks to consumers, and to reduce added sugars in soft drinks by 35%. More than 3,000 tonnes of sugar was removed through the reformulation of the Schweppes brand in Poland and Oasis in France. In the UK and Ireland, the entire added sugar drinks range has been reformulated to contain less sugar and is no longer considered high in fat, sugar or salt (HFSS.)  This year’s sustainability report also highlights the work the company has done on diversity, equity and inclusion, including the launch of several new policies and training for employees – most notably the publication of our open-source DE&I Diversity Dictionary. And in 2022, SBFE launched several new community partnerships across water conservation and education reflecting the company’s purpose to “Inspire the brilliance of life, by creating rich experiences for people, in harmony with nature.” To read the full report visit here. *excluding cap and label