The Sponsors are two publicly listed entities: The Coca-Cola Company (“TCCC”), incorporated in the USA, and Coca-Cola Icecek A.S. (“CCI”), incorporated in Turkey. Both are the major shareholders of CCBPL, each owning 49.6% of its shares, with management control with CCI.

The proposed IFC investment consists of an up to US$40 million equivalent A Loan for IFC’s own account for corporate uses.

  CCBPL is headquartered in Lahore, Pakistan, with 6 manufacturing facilities located at Karachi, Rahim Yar Khan, Multan, Lahore, Gujranwala and Faisalabad.

 This is Category B project according to IFC’s Policy on Environmental and Social Sustainability (2012). Based on the information reviewed by IFC, the proposed project will have limited adverse E&S impacts that are few, site specific, largely reversible, and readily addressed through existing mitigation measures and good international industry practices (GIIP). The key E&S risks associated with this project include (i) CCBPL’s E&S management system and staffing to assess and manage E&S risks aligned with IFC PSs and World Bank Group (WBG) General and Sector specific Environmental, Health and Safety (EHS) Guidelines Food and Beverages Processing; Water and Sanitation; (ii) food safety management system; (iii) resource emissions, wastewater and water (plastic); (iv) workplace and ambient noise and labor and occupational health  and safety programs; (v) third party workers/supply chain child/forced laor and significant occupational health and safety risks; (vi) community safety risks from the transportation fleet and traffic management; (vii) community grievance mechanism.