Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Our PlantBottle technology, which allows us to replace 100 percent petroleum-based PET plastic with PET plastic that contains up to 30 percent material derived from plants, is becoming more widely used around the world. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. Explore our Purpose & Vision, History and more. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . Fiscal Year Ended Dec 31, 2020. Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. July 2020 Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn . Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability Coca-Cola's Chief Sustainability Officer, Bea Perez, discusses the importance of prioritizing our sustainability goals as the business emerges stronger from the global pandemic. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 2018 Annual Review. . "Our beverages are offered in returnable glass bottles and are 100% recyclable. This efficient use of input materials help in more than doubling the fruit produce. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Finance Manager Hungary - The Coca-Cola Company - LinkedIn Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 2019 Annual Review. Human Rights | Coca-Cola European Partners Investors Contact Our human rights journey November 2020 Listed on the Dow Jones Sustainability Index for a fifth year (one of just four beverage companies to be listed on the DJSI World Index and one of three to be listed on the DJSI Europe Index). Given the above considerations, the company expects to deliver comparable EPS (non-GAAP) percentage growth of high single digits to low double digits versus $1.95 in 2020. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Lusaka, Zambia Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Developing a touch-less option for Coca-Cola Freestyle machines in the U.S., allowing consumers to select and pour drinks them via smartphone all without touching the machines screen. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 2022 The CocaCola Company. "Concentrate sales" represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in equivalent unit cases) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn Sustainability :: The Coca-Cola Company (KO) hb```6B The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund Community hygiene programs have continued during the pandemic in countries such as Uganda, where Coca-Cola Beverages Africa helped distribute 5,000 hand-washing stations. Short-Term Experience as Commercialization Manager. Coca-Cola Sustainability Strategy - PHDessay.com Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Download report Check report history Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Since 2000, our average calories per serving decreased by 9 percent globally. The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners, strengthens Board and management accountability and helps build public trust in the Company. "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. Bea Perez, SVP and Chief Communications, Sustainability & Strategic Partnerships Officer, and Lori Billingsley, Chief Diversity & Inclusion Officer, shared a detailed progress report on the companys key sustainability goals and initiatives, which are anchored by its refreshed purpose and closely aligned with its business strategy. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Responsible business | Coca-Cola 2013 Annual Review . The revenue declines were primarily driven by coronavirus-related pressure on Costa retail stores, partially offset by strong performance in Costa Express machines in the United Kingdom. Our purpose is to refresh the world and make a difference. Coca-Cola HBC ranked Europe's most sustainable Beverage Company 2020 - hr.coca-colahellenic.com - Committed investments of USD 1.7 Billion to Indias agri-ecosystem along with partners to create a healthy local juice and concentrate supply chain with successful and thriving farming communities and ecosystems. Responsible business | Coca-Cola Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. With new digital tools available to more people, the report was also created in a unique format offering easier access from smart phones, tablets and other popular mobile devices.
We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. The company is hosting a conference call with investors and analysts to discuss fourth quarter and full year 2020 operating results today, Feb. 10, 2021, at 8:30 a.m. Arijit Mitra - Business Development Director at the Africa Operating We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. ", Business Environment and Strategic Actions Update. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. KEY HIGHLIGHTS OF THE SUSTAINABILITY UPDATE 2020 - 21 World Without Waste As part of its World Without Waste initiative, The Coca-Cola Company (TCCC) is committed to make 100 per cent of its packaging recyclable globally by 2025 and use at least 50 per cent recycled material in its packaging by 2030. 2020 World Without Waste | Company Reports - The Coca-Cola Company 1K followers . pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. 1 Coca-Cola's work toward its "drink in your hand" goal reduced its relative carbon emissions by 25% by 2020, against a 2010 baseline. Lizzie Munsanje - Communications & Sustainability Specialist - Coca Menu. Ambitious goals for sustainable business operations have not been forgotten. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Osita Abana, MPA - Global Sustainability, Public Policy The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. For the year, the company lost value share in total NARTD beverages due to coronavirus-related restrictions in away-from-home channels, where the company has a strong share position. 102-54 Claims of reporting in accordance with the GRI . 2020 Integrated Report ; Integrated Annual Report Earnings Release People matter. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Sustainable Development Reports | Swire Coca-Cola Home; Our Brands. To make a difference in people's lives, communities and our planet by doing business the right way. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). To make a difference in people's lives, communities and our planet by doing business the right way. Experienced Policy, Regulatory and Public Affairs practitioner with varied Industry and Association leadership roles, effective communicator, project catalyst and manager and a strong team leader and player proven in mobilising a wide range of stakeholders. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. 0
See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Coca-Cola in Sri Lanka releases maiden Sustainability Report Back. Join to view profile Coca-Cola Beverages Zambia. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 For the Bottling Investments operating segment for the fourth quarter, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes. Coca-Cola Shares Sustainability Progress - News & Articles As a result, the company has reinstated guidance and is providing its 2021 outlook. About . Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume after considering the impact of structural changes. Michael Goltzman - Vice President, Global Policy - LinkedIn First quarter 2020 financial results were impacted by one less day as compared to the same period in 2019, and fourth quarter 2020 financial results were impacted by two additional days as compared to the same period in 2019. However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. Reports and Results - KOF We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Our sustainability strategy guides how we support and engage the remarkable people behind our brands, from farmers and employees to the communities we call home, and delivers on our commitments to safeguard the health of the environment. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. We act in ways to create a more sustainable and better shared future. Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. To make a difference in people's lives, communities and our planet by doing business the right way. While there are still uncertainties related to the pandemic, the company has greater visibility into its future recovery and is confident that its actions will continue to mitigate the effects of the crisis. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. Our biggest commitment is to reach carbon neutrality. Through early February 2021, the company has experienced a volume decline of mid single digits globally, with continued elevated levels of sales in at-home channels being more than offset by pressure in away-from-home channels. During my studies I have completed a lot of projects (in and out of the lab) working with other people and developed my skills in solving different problems. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners 4853 0 obj
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This report is the company's maiden sustainability performance disclosure, highlighting the impact the company has created in the community along with the key sustainability initiatives across the value chain, according to a press release. The company also provided an update on its strategic transformation initiatives. Operating Review Three Months Ended December 31, 2020. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. The company is not able to reconcile full year 2021 projected organic revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected comparable net revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected underlying effective tax rate (non-GAAP) to full year 2021 projected reported effective tax rate or full year 2021 projected comparable EPS (non-GAAP) to full year 2021 projected reported EPS without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the actual impact of changes in foreign currency exchange rates; the exact timing and amount of acquisitions, divestitures and/or structural changes; and the exact timing and amount of comparability items throughout 2021. Led byCoca-Cola, the world's most valuable brand, our Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite,Coca-ColaZero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist Sustainable Agriculture ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Our Principles for Sustainable Agriculture advance sustainable sourcing of our agricultural ingredients at the farm level, taking a longer-term perspective to reflect our expanding portfolio, increasingly diverse supply chains and the most recent science to support farmer livelihoods and ensure continuity of supply. Therefore, the percent change is not meaningful. Sep 2020 - Apr 20218 months. As of the end of 2010, we had achieved 93 percent alignment, and by the end of 2011 we estimate 96 percent alignment with our stringent standards. The news was disclosed in S&P Global's Annual Yearbook, which confirms the 2021 Dow Jones Sustainability Index (DJSI), one of the world's leading . Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. The Coca-Cola Company. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection. The company's new sustainability campaign "Deliver for Today, Inspire for Tomorrow" focuses on corporate and environmental sustainability with the goal of leading the industry in two major areas: energy and climate change and sustainable packing and recycling. Coca-Cola is a globally distributed brand with products that contribute to the obesity epidemic, the plastic pollution crisis, and water scarcity in vulnerable communities, all of which harm. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. We are striving to make packaging part of the circular economy, Perez said. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.7 billion servings a day. Similar programs launched in Ethiopia and Tanzania. This was partially offset by growth in China, Brazil and Nigeria. Sustainability | Coca-Cola 11K followers 500+ connections. The company also provided an update on its strategic transformation initiatives. Note: Certain rows may not add due to rounding. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. We act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. We aim to create a more sustainable and better shared future. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. Water replenishment ratio of 159.9%. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. Proxy Statements; Annual Reviews; 2021 Annual Review. We use cookies to provide you with a great experience and to help our website run effectively. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Coca-Cola Amatil Ltd - ResponsibilityReports.com 578 followers 347 connections. Experienced FMCG Supply Chain professional. CocaCola . The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. How many drinks does The CocaCola Company sell worldwide each day? Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. Writing a Marketing Plan . The Coca-Cola Company has advanced its core sustainability priorities - from water replenishment to sugar reduction to diversity and inclusion - in 2020 despite unprecedented challenges presented by a global pandemic, natural disasters, social unrest and more, senior leaders told investors on Nov. 13 . Sajeesh Manthattil - TI&Sc Manager QSE By Design - The Coca-Cola Livingstone University. 4800 0 obj
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Our purpose is to refresh the world and make a difference. Back Submit. Comparable currency neutral operating income (non-GAAP) declined 6%, driven by pressure in away-from-home channels in Japan and Australia, partially offset by effective cost management. <br><br>While serving in these organizations, I have led high-performing teams and provided strategic leadership in: strategic communications, leadership and internal communications, stakeholder and community management, corporate . Finance Manager Hungary. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees.For more information, visitwww.coca-colacompany.com, follow us on Twitter attwitter.com/CocaColaCo, or find us on LinkedIn atwww.linkedin.com/company/the-coca-cola-company., Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, www.linkedin.com/company/the-coca-cola-company. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. KOF - Integrated Report 2021 - Coca-Cola FEMSA This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. Concentrate sales were 3 points behind unit case volume due to cycling the timing of shipments in China in the prior year, partially offset by two additional days in the quarter. Apr 2021 - Dec 20221 year 9 months.
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