The Vita Coco Company (NASDAQ: COCO) has released its fourth annual Impact Report for 2024, showcasing significant progress in its ESG initiatives. A major highlight is the distribution of over 1 million seedlings through its Seedlings for Sustainability program, marking progress toward its 2030 goal of 10 million seedlings. The company achieved several environmental milestones, including 97% responsible packaging materials and water conservation projects saving 1.5 million liters annually. In community development, Vita Coco built three new classrooms in the Philippines, impacting over 24,500 students across 39 schools. The company also launched the Growing Roots Grant Program in the U.S. and maintained 100% non-GMO certification for its branded products. Through the Vita Coco Community Foundation, the company continues to focus on regenerative agriculture, farmer support, and community resilience.
La società Vita Coco (NASDAQ: COCO) ha pubblicato il suo quarto Rapporto Annuale sull'Impatto per il 2024, evidenziando importanti progressi nelle sue iniziative ESG. Un punto saliente è la distribuzione di oltre 1 milione di piantine attraverso il programma Seedlings for Sustainability, avvicinandosi all'obiettivo di 10 milioni di piantine entro il 2030. L'azienda ha raggiunto diversi traguardi ambientali, tra cui l'utilizzo del 97% di materiali per imballaggi responsabili e progetti di conservazione dell'acqua che permettono un risparmio di 1,5 milioni di litri all'anno. Nel campo dello sviluppo comunitario, Vita Coco ha costruito tre nuove aule nelle Filippine, coinvolgendo oltre 24.500 studenti in 39 scuole. Inoltre, ha lanciato il programma Growing Roots Grant negli Stati Uniti e ha mantenuto la certificazione 100% non-OGM per i suoi prodotti a marchio. Attraverso la Vita Coco Community Foundation, l'azienda continua a concentrarsi sull'agricoltura rigenerativa, il supporto agli agricoltori e la resilienza delle comunità.
La empresa Vita Coco (NASDAQ: COCO) ha publicado su cuarto Informe Anual de Impacto para 2024, mostrando avances significativos en sus iniciativas ESG. Un aspecto destacado es la distribución de más de 1 millón de plántulas a través de su programa Seedlings for Sustainability, acercándose a la meta de 10 millones de plántulas para 2030. La compañía alcanzó varios hitos ambientales, incluyendo el uso de 97% de materiales de embalaje responsables y proyectos de conservación de agua que ahorran 1,5 millones de litros anualmente. En desarrollo comunitario, Vita Coco construyó tres nuevas aulas en Filipinas, impactando a más de 24,500 estudiantes en 39 escuelas. También lanzó el programa Growing Roots Grant en EE. UU. y mantuvo la certificación 100% libre de OGM para sus productos de marca. A través de la Vita Coco Community Foundation, la empresa continúa enfocándose en la agricultura regenerativa, el apoyo a agricultores y la resiliencia comunitaria.
비타 코코 회사(NASDAQ: COCO)는 2024년 제4회 연례 임팩트 리포트를 발표하며 ESG 이니셔티브에서 큰 진전을 이루었음을 보여주었습니다. 주요 성과로는 Seedlings for Sustainability 프로그램을 통해 100만 그루 이상의 묘목을 배포하여 2030년 목표인 1,000만 묘목 달성을 향해 나아가고 있습니다. 회사는 97% 책임감 있는 포장재 사용과 연간 150만 리터의 물 절약 프로젝트 등 여러 환경적 이정표를 달성했습니다. 커뮤니티 개발 측면에서는 필리핀에 세 개의 새로운 교실을 건설하여 39개 학교의 24,500명 이상의 학생들에게 긍정적인 영향을 미쳤습니다. 또한 미국에서 Growing Roots Grant 프로그램을 시작하고, 브랜드 제품에 대해 100% 비GMO 인증을 유지했습니다. 비타 코코 커뮤니티 재단을 통해 회사는 재생 농업, 농부 지원, 그리고 지역사회 회복력 강화에 계속 집중하고 있습니다.
La société Vita Coco (NASDAQ : COCO) a publié son quatrième rapport annuel d'impact pour 2024, mettant en avant des progrès significatifs dans ses initiatives ESG. Un point fort est la distribution de plus de 1 million de plants via son programme Seedlings for Sustainability, marquant une avancée vers son objectif de 10 millions de plants d'ici 2030. L'entreprise a atteint plusieurs jalons environnementaux, notamment 97 % de matériaux d'emballage responsables et des projets de conservation de l'eau économisant 1,5 million de litres par an. En matière de développement communautaire, Vita Coco a construit trois nouvelles salles de classe aux Philippines, impactant plus de 24 500 élèves dans 39 écoles. La société a également lancé le programme Growing Roots Grant aux États-Unis et maintenu la certification 100 % sans OGM pour ses produits de marque. Grâce à la Vita Coco Community Foundation, l'entreprise continue de se concentrer sur l'agriculture régénérative, le soutien aux agriculteurs et la résilience des communautés.
Die Vita Coco Company (NASDAQ: COCO) hat ihren vierten jährlichen Impact Report für 2024 veröffentlicht und dabei bedeutende Fortschritte bei ihren ESG-Initiativen präsentiert. Ein Höhepunkt ist die Verteilung von über 1 Million Setzlingen im Rahmen des Seedlings for Sustainability-Programms, womit das 2030-Ziel von 10 Millionen Setzlingen in greifbare Nähe rückt. Das Unternehmen erreichte mehrere Umweltmeilensteine, darunter 97% verantwortungsbewusste Verpackungsmaterialien und Wassereinsparprojekte, die jährlich 1,5 Millionen Liter einsparen. Im Bereich der Gemeinschaftsentwicklung baute Vita Coco drei neue Klassenzimmer auf den Philippinen, von denen über 24.500 Schüler an 39 Schulen profitieren. Zudem wurde das Growing Roots Grant-Programm in den USA gestartet und die 100% Non-GMO-Zertifizierung für Markenprodukte beibehalten. Über die Vita Coco Community Foundation konzentriert sich das Unternehmen weiterhin auf regenerative Landwirtschaft, Unterstützung von Landwirten und die Stärkung der Gemeinschaftsresilienz.
Positive
Reached 1 million seedlings milestone in sustainability initiative
Achieved 97% responsible packaging materials in primary packaging
Implemented water reduction projects saving 1.5 million liters annually
Expanded educational impact to 24,500 students across 39 schools in Philippines
Maintained 100% non-GMO certification for branded products
Negative
None.
The fourth-annual report highlights progress towards the Company’s impact priorities, including reaching a major milestone for its Seedlings for Sustainability initiative
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) released its 2024 Impact Report today, highlighting a landmark year generating positive impacts for people and planet alongside growth and profit for the public benefit corporation.
In its fourth annual report, Vita Coco outlines its impact in 2024 across the three key focus areas of its Environmental, Social and Governance (ESG) strategy. This includes reaching a major milestone in its Seedlings for Sustainability initiative: helping to distribute over 1 million seedlings to date through the Vita Coco Community Foundation, a big step towards its goal to help distribute 10 million seedlings by 2030.
“In 2024, we took bold steps to scale our impact—especially in the communities where we source and operate,” said Mike Kirban, Co-Founder and Executive Chairman of The Vita Coco Company. “Our business continues to grow, and with it, our ability to invest in farmers, create greener supply chains, and give back in ways that build long-term resilience. Our approach remains the same: pursue profits with purpose and track our ROI not just in dollars, but in meaningful return on impact.”
The Impact Report also details early progress from the Vita Coco Community Foundation, which focuses on creating impact at the ground level in coconut sourcing communities. Highlights from the 2024 report across each impact pillar include:
Protecting Natural Resources
Through its Seedlings for Sustainability program, the Vita Coco Community Foundation has now helped to distribute more than one million seedlings toward its goal of 10 million by 2030, supporting regenerative agriculture and farmer livelihoods worldwide.
The Company completed its first climate impact assessment, identifying areas across its supply chain that could be impacted by shifts in weather patterns, and completed two water-reduction projects that are estimated to conserve 1.5 million liters annually.
Vita Coco reported that approximately 97% of its primary packaging materials met its responsible packaging definition.
Building Thriving Communities
Vita Coco helped build three new classrooms in the Philippines, bringing the total to 39 schools and positively impacting more than 24,500 students.
In the U.S., the Company launched the Growing Roots Grant Program to create green spaces at underserved schools, beginning with Oak Street Elementary in Los Angeles.
Championing Health and Wellness
Vita Coco certified 100% of its branded products as non-GMO and increased its organic product certifications.
Vita Coco provided cash and in-kind donations to its broad network of nonprofit and community- based organizations across the United States, United Kingdom, Latin America, and Europe, helping to address food insecurity and contribute to disaster relief in these communities.
Looking ahead, Vita Coco will continue to drive impact by expanding its regenerative agriculture programs, working to set climate targets against its most important issues, and growing the reach of the Vita Coco Community Foundation.
ABOUT THE VITA COCO COMPANY The Vita Coco Company is a family of brands on a mission to reimagine what’s possible when brands deliver healthy, nutritious, and great tasting products that are better for consumers and better for the world. This includes its flagship coconut water brand Vita Coco, sustainably packaged water Ever & Ever, and protein-infused water PWR LIFT. The Company was co-founded in 2004 by Michael Kirban and Ira Liran and is a public benefit corporation and Certified B Corporation. Vita Coco, the principal brand within the Company’s portfolio, is the leading coconut water brand in the U.S. With electrolytes, nutrients, and vitamins, coconut water has become a top beverage choice among consumers after a workout, in smoothies, as a cocktail mixer, after a night out, and more.
FORWARD-LOOKING STATEMENTS This press release and the 2024 Impact Report contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future sustainability and impact initiatives. These statements are not guarantees of future performance, and actual results may differ materially. These risks and uncertainties are detailed under the caption “Risk Factors” in our filings with the Securities and Exchange Commission (“SEC”), including our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, available at www.sec.gov and the Investor Relations section of our website. We undertake no obligation to update any forward-looking statements to reflect future events or developments.
FAQ
What major sustainability milestone did Vita Coco (COCO) achieve in 2024?
Vita Coco reached the distribution of over 1 million seedlings through its Seedlings for Sustainability initiative, progressing toward its goal of 10 million seedlings by 2030.
How many schools has Vita Coco (COCO) built in the Philippines as of 2024?
Vita Coco has built 39 schools in the Philippines, including three new classrooms in 2024, positively impacting more than 24,500 students.
What percentage of Vita Coco's (COCO) primary packaging materials are responsible in 2024?
Approximately 97% of Vita Coco's primary packaging materials met its responsible packaging definition in 2024.
How much water conservation did Vita Coco (COCO) achieve through its reduction projects?
Vita Coco completed two water-reduction projects estimated to conserve 1.5 million liters annually.
What is Vita Coco's (COCO) Growing Roots Grant Program?
The Growing Roots Grant Program is an initiative launched by Vita Coco to create green spaces at underserved schools, starting with Oak Street Elementary in Los Angeles.
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