NEW YORK, Sept. 24 /PRNewswire-FirstCall/ -- Cadbury Schweppes has again been recognised as "Best in Class" in its approach to climate change in a report released today by the Carbon Disclosure Project, a global survey of the world's largest companies on the issue of climate change. The annual survey of 500 leading corporations, commissioned by a coalition of over 300 institutional investors with more than $41 trillion in assets, creates a best in class Climate Disclosure Leadership Index of 68 companies that showed distinction based on their reporting of greenhouse gas emissions and an independent assessment of their climate change strategies. Cadbury Schweppes was judged among the best in its sector, and distinguished by the disclosure of its strategic awareness of the risks and opportunities of climate change, as well as the quality and effectiveness of programmes put in place to reduce emissions. Cadbury Schweppes renewed its commitment to tackling climate change earlier this year in its Purple Goes Green strategy, leading the food manufacturing sector in committing to a 50% absolute reduction in carbon emissions by 2020, as well as setting targets for packaging and water-use reduction. Steve Driver, President Global Supply Chain, commented: "Cadbury Schweppes is absolutely committed to tackling climate change. We are re-thinking the way we do business, embedding sustainability into every decision we take. "Reducing our use of energy across the business is good for the environment and supports our commercial success. We have been working hard in this area, and this is reflected in the Carbon Disclosure Project's review of our answers and strategies, and their rating of our performance in comparison to other large companies. However, we recognise that we still have a lot of work to do to meet our ambitious targets and will be working with partners and industry to achieve them." Notes to Editors 1. Cadbury Schweppes Cadbury Schweppes is the world's largest confectionery company and has strong regional beverages businesses in North America and Australia. With origins stretching back over 200 years, today Cadbury Schweppes' products -- which include brands such as Cadbury, Schweppes, Halls, Trident, Dr Pepper, Snapple, Trebor, Dentyne, Bubblicious and Bassett -- are enjoyed in almost every country around the world. The Group employs over 70,000 people. 2. About Cadbury On 19 June, 2007, we announced a new strategy for our ongoing confectionery business post the separation of Americas Beverages. Our goal is to leverage our scale and advantaged positions to maximise growth and returns by: -- Driving growth through a concentration on "fewer, faster, bigger, better" participation and innovation, supported by our global category structure introduced last year; -- Driving cost and efficiency gains to increase margins; and -- Continuing to invest in capabilities to support our growth and efficiency agendas. Our Financial Scorecard Our ambition to maintain revenue growth while improving margins and returns is reflected in our new financial scorecard for the 2008 to 2011 period: -- Annual organic revenue growth of 4-6% -- Total confectionery share gain -- Mid teens trading margin by 2011 -- Strong dividend growth -- Efficient balance sheet -- Growth in return on invested capital Commercial Strategy: Focus on Top Markets, Brands and Customers To help drive further revenue growth, under a new category management structure, we are focusing our resources on a fewer number of markets, brands and customers: -- Our 12 focus markets include the UK, US, Australia, Mexico, Brazil, India and Russia. Together, these markets represent around 70% of our total revenues and are forecast to account for over 60% of expected category growth over the next five years. -- Our 13 focus brands, include our biggest brands such as Cadbury Dairy Milk, Trident, Halls, Dentyne and Flake and our newer fast growing brands, Green & Black's and The Natural Confectionery Company. Together, our 13 focus brands account for over 50% of our confectionery revenues and have above average revenue growth and operating returns. -- Our 10 focus customers comprise 7 top retailers (including WalMart, Tesco, Carrefour and Lidl) and 3 trade channels (impulse in developed markets; traditional trade in emerging markets; and international travel retail). Together, these customers account for over 50% of our revenues. 3. Background to The Climate Disclosure Leadership Index The Carbon Disclosure Project is a special project of Rockefeller Philanthropy Advisors in New York. Full details on CDP, the CDP reports and the responses from corporations can be found at http://www.cdproject.net/ Candidates for the Climate Disclosure Leadership Index were assessed relative to their peers in ten highest carbon-impact clusters. Innovest used a proprietary carbon risk model to analyse the net carbon exposure of all industry sectors represented in the FT500. On the basis of this analysis, it selected the ten industry clusters with the highest exposure to carbon risks and opportunities. Cadbury Schweppes plc 0207 830 5011 http://www.cadburyschweppes.com/http://www.purplegoesgreen.com/http://www.cadburyschweppes.com/EN/EnvironmentSociety/ DATASOURCE: Cadbury Schweppes CONTACT: Linda Mayer, +1-973-909-2364, or Kathy Beyer, +1-973-909-2040, both for Cadbury Schweppes Web site: http://www.cadburyadams.com/ http://www.cadburyschweppes.com/ http://www.purplegoesgreen.com/ http://www.cadburyschweppes.com/EN/EnvironmentSociety http://www.cdproject.net/

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