We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Finance Manager Hungary. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. To make a difference in people's lives, communities and our planet by doing business the right way. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. The companys sustainability goals are interlinked.. Our purpose is to refresh the world and make a difference. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 2014 Annual Review. According to an updated Cradle-To-Resin Life Cycle Analysis of Polyethylene Resin by the National Association for PET Container Resources (NAPCOR), a 60% reduction in greenhouse gas emissions and a 75% lower total energy demand may be achieved by replacing a unit of . 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. 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. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Given the scale of unemployment and the challenges to our key customers in away-from-home channels, we see an opportunity to expand our economic empowerment strategy in the post-2020 period, engaging in broader industry platforms that collaboratively transform the livelihoods of women, youth and additional vulnerable populations by promoting retraining, upskilling and entrepreneurship, Perez said. 102-51 Date of most recent report April 2020 102-52 Reporting cycle The Coca-Cola Company reports annually on its sustainability progress and performance. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Menu. July 2020 Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Atlanta, Georgia, United States. 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. TI&Sc Quality and Food Safety Manager. 2017 Annual Review. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . Coca-Cola Nigeria. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . 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. Since 2000, our average calories per serving decreased by 9 percent globally. 2015 Annual Review. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Back. 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). ",Ae)` Rv=D3012=J@g,@ GI
By becoming better ourselves, we can help build a stronger, more sustainable future for us all. "Price/mix" represents the change in net operating revenues caused by factors such as price changes, the mix of products and packages sold, and the mix of channels and geographic territories where the sales occurred. 2021 Integrated Report; Integrated Annual Report 2020. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company 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. The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. The company also provided an update on its strategic transformation initiatives. Our goal is to create closed loop systems, extracting the maximum value from materials and products while in use, and then recovering and recycling them.. Short-Term Experience as Commercialization Manager. 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. 102-53 Contact point for questions regarding the report Please visit our Contact Us webpage, email us or call 1-800-GET-COKE (U.S. only). 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. Water, enhanced water and sports drinks declined 9% for the quarter and 11% for the year, led by a broad-based decline across operating groups, primarily due to a decline in lower-margin water brands. 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. We act in ways to create a more sustainable and better shared future. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Company Provides 2022 Financial Outlook. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. Fruit Circular Economy starts with the Unnati program, which is farm-level productivity enhancement by creating a belief among farmers in using Ultra-high to high density fruit plantation coupled with modern Package of Practices (POP). Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. "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. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Also in 2010, our system increased production volume while reducing global carbon emissions by 2 percent, putting us a step closer to our goal of growing our business but not our carbon footprint. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. We exceeded our goal to give back at least 1 percent of our operating income to communities worldwide through TheCoca-ColaCompany and TheCoca-ColaFoundation in 2010 by giving $102 million. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. "Our beverages are offered in returnable glass bottles and are 100% recyclable. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. How many drinks does The CocaCola Company sell worldwide each day? 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. For the fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. 2022 The CocaCola Company. Comparable net revenues (non-GAAP) are expected to include a minimal currency impact based on the current rates and including the impact of hedged positions. "Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. Fiscal Year Ended Dec 31, 2020. For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency tailwind based on the current rates and including the impact of hedged positions. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. She has exemplary communication, leadership, innovative and collaborative skills . For the year, the company gained value share in total NARTD beverages in addition to all category clusters. This was partially offset by growth in China, Brazil and Nigeria. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Through our strategy of 'Reduce, Recycle and Replenish', we exceeded our 2020 replenish goal - our water usage ratio was 1.73 liters of water per litre of beverage produced - a reduction of 32.4% since 2010. 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. Download report Check report history 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, Achieving the companys water replenishment goal to return 100% of water used annually by 2020 in 2015, five years ahead of schedule., Returning the equivalent of 160% of water used in finished beverages back to communities and nature as of 2019. Join to view profile Coca-Cola Beverages Zambia. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. We are striving to make packaging part of the circular economy, Perez said. Concentrate sales were 3 points ahead of unit case volume, largely due to two additional days in the quarter and cycling the Brexit-related inventory reduction in the prior year. <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 . "Our beverages are offered in returnable glass bottles and are 100% recyclable. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 2016 Annual Review. 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. Our Sustainability Stakeholder Report contains a full year of data from 1 January, 2021 to 31 December, 2021 and covers our global business operations in Europe and API. Comparable EPS (non-GAAP) is expected to include an approximate 2% currency headwind based on the current rates and including the impact of hedged positions. Price/mix grew 3% for the quarter, as solid growth in juice and dairy finished-goods brands was partially offset by pressure in the fountain business and away-from-home channels. 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. Unit case volume declined 7% for the quarter, primarily due to the impact of the coronavirus pandemic across key markets and adverse weather in Southeast Asia. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Ambitious goals for sustainable business operations have not been forgotten. Operating Review Year Ended December 31, 2020. %PDF-1.6
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The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Proxy Statements; Annual Reviews; 2021 Annual Review. 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. CocaCola . 2020 BUSINESS & ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT This report is a reflection of how, together with our bottling partners, we navigated the COVID-19 crisis as a global business while advancing our environmental, social and governance (ESG) priorities. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 11K followers 500+ connections. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Gurugram, Haryana, India. 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. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The company continues to strengthen risk assessments and streamline supplier engagement processes. Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Annual Reviews. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 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. | Learn more about Oluwatobiloba Kajero's work experience, education . Unit case volume declined 3% for the quarter and 6% for the year, as continued strength in at-home channels was more than offset by coronavirus-related pressure in away-from-home channels. In 2010, we improved our water use efficiency for the eighth consecutive year, reducing the average amount of water required to produce each beverage serving. As a result, the company has reinstated guidance and is providing its 2021 outlook. Our purpose is to refresh the world and make a difference. 2013 Annual Review . Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. A track record . Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. eaha@LlQx6. 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. 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. 1 For Bottling Investments, 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. Explore our Purpose & Vision, History and more. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. In addition to the data in the preceding tables, operating results included the following: The 2021 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. 0
We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. More than 20% of the companys global portfolio is in refillable or fountain packaging. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. While volume trends have broadly remained resilient amidst the continuing uncertainty surrounding the coronavirus pandemic, the company experienced incremental pressure in December and into the early part of this year due to a resurgence of the coronavirus in many parts of the world. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Sustainability Senior Manager - Africa. For the year, the company's value share in total NARTD beverages was even as a share gain in the tea and coffee category cluster was offset by share losses in the other category clusters. For 14+ years, I have worked at the intersection of Public Policy, ESG and Communications for: The United Nations, The Coca-Cola Company, Unilever and Diageo. - 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. %%EOF
Concentrate sales were 3 points ahead of unit case volume, primarily due to two additional days in the quarter (a 2-point benefit) and cycling the Brexit-related inventory reduction in the prior year. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site To make a difference in people's lives, communities and our planet by doing business the right way. 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. Mar 2021 - Present2 years 1 month. Explore our Purpose & Vision, History and more. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. About . 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. Ceres, the sustainability leadership advocacy group, in a recent report ranked Coca-Colasecond highest scorer among food companies on water management, behind Unilever.Over the last 13 years, Coca-Cola has poured roughly $2bn into its water stewardship goals. Join to follow The Coca-Cola Company . Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Water replenishment ratio of 159.9%. 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. Introduction to Sustainability Coursera Issued Nov 2020. Feb 2021 - Present2 years 2 months. Therefore, the percent change is not meaningful. Our purpose is to refresh the world and make a difference. Coca-Cola's brand value from 2006 to 2022 (in billion U.S. dollars) Most sustainable consumer goods companies in the United States in 2020 Most sustainable consumer goods companies in the. 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 . Oluwatobiloba is an experienced professional skilled in managing and monitoring market trends, driving strategic brand development and executing campaigns and ensuring marketing activities ultimately drive profitable business growth. Extending a global pay equity analysis to ensure employees in equal or similar jobs are paid fairly, without regard to gender (globally) or race/ethnicity (in the U.S.). . Home; Our Brands. This does not include any potential payments related to the ongoing tax litigation with the IRS. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Operating Review Three Months Ended December 31, 2020. Explore our Purpose & Vision, History and more. Jun 2021 - Present1 year 10 months. Our planet matters. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. View Governance. . We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. The. Our CEO James Quincey has made it very clear what our commitment is this commitment and alignment from the very top drives the top-down effect of ensuring the senior leaders of the company are invested in building accountability and leading by example., Coca-Colas Chief Diversity and Inclusion Officer discusses the importance of taking action to create a diverse, safe and equal work environment. Our purpose is to refresh the world and make a difference. Global Unit Case Volume Declined 3% for the Quarter and 6% for the Full Year, Net Revenues Declined 5% for the Quarter and 11% for the Full Year; Organic Revenues (Non-GAAP) Declined 3% for the Quarter and 9% for the Full Year, Operating Income Grew 8% for the Quarter and Declined 11% for the Full Year; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% for the Quarter and Was Even for the Full Year, Fourth Quarter EPS Declined 29% to $0.34, and Comparable EPS (Non-GAAP) Grew 6% to $0.47; Full Year EPS Declined 13% to $1.79, and Comparable EPS (Non-GAAP) Declined 8% to $1.95, Cash from Operations Was $9.8 Billion for the Full Year, Down 6%; Full Year Free Cash Flow (Non-GAAP) Was $8.7 Billion, Up 3%. People matter. Coca-Cola HBC AG . Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. ET. Additionally, the company is constantly reducing the use of . Brussels, Brussels Region, Belgium. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. 3 Due to the combination of multiple business models in the Global Ventures segment, the composition of concentrate sales and price/mix may fluctuate materially on a periodic basis. 578 followers 347 connections. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 4800 0 obj
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This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets non-alcoholic ready-to-drink beverages primarily in Australia, New Zealand, Indonesia, Papua New Guinea, and Fiji. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) To make a difference in people's lives, communities and our planet by doing business the right . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We committed to include calorie information on the front of nearly all our packages by the end of 2011 and have a physical activity program in 100 countries toward our goal to have one in every country in which we operate by 2015. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. Skilled in Corporate Social Responsibility, Public Policy . Experienced FMCG Supply Chain professional.