Our Social Economic Impact

Our social economic impact

2022 marked the 83rd anniversary of Coca‑Cola on the island of Ireland, and over the last eight decades, our business has played a key role in shaping the local economy and community we serve.

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Coca‑Cola HBC operates in 29 countries, but because of the local nature of the business, we are in the unique position to contribute to the economic vitality of Ireland and Northern Ireland.

Our local business stimulates job creation and wider economic benefit throughout our value chain. We contribute to the economic success of the community by employing local people; paying taxes to governments; paying suppliers for goods, services and capital equipment; and supporting community investment programs.

Our story is told in an independent study on the economic impact of The Coca-Cola System on the island of Ireland, led by KPMG. The findings powerfully demonstrate the added value created every time a consumer chooses our products. The impact is felt in all sectors: from production, packaging and local producers and suppliers, to marketing and product distribution in wholesale and retail.

€6.48bn

of total value added

 

€923m

total wages

18,500

direct, indirect and induced

jobs supported by our system

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In the area of Youth Development, we partner with YouthAction Northern Ireland and the Irish Youth Foundation to deliver our Thank You Fund Empowered programme. Thank You Fund Empowered has supported over 1,500 young people aged 18-25 across Ireland and Northern Ireland not in education, employment or training with developing the skills and confidence to improve their employment prospects through access to employability workshops-based training, online content and mentoring support.